Church & Dwight Company Inc (CHD)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,107,100 | 6,053,100 | 5,998,400 | 5,941,400 | 5,867,900 | 5,775,900 | 5,637,300 | 5,508,200 | 5,375,600 | 5,308,300 | 5,302,400 | 5,248,400 | 5,190,100 | 5,116,700 | 5,046,300 | 4,969,500 | 4,895,800 | 4,744,700 | 4,593,100 | 4,478,200 |
| Total assets | US$ in thousands | 8,883,100 | 8,666,200 | 8,762,100 | 8,561,500 | 8,569,200 | 8,702,200 | 8,511,000 | 8,266,600 | 8,345,600 | 8,287,800 | 8,444,800 | 7,941,200 | 7,996,500 | 7,382,000 | 7,368,500 | 7,380,900 | 7,414,500 | 7,077,000 | 6,919,000 | 7,485,900 |
| Total asset turnover | 0.69 | 0.70 | 0.68 | 0.69 | 0.68 | 0.66 | 0.66 | 0.67 | 0.64 | 0.64 | 0.63 | 0.66 | 0.65 | 0.69 | 0.68 | 0.67 | 0.66 | 0.67 | 0.66 | 0.60 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,107,100K ÷ $8,883,100K
= 0.69
Total asset turnover is a measure of a company's efficiency in generating sales revenue from its investment in total assets. For Church & Dwight Company Inc, the total asset turnover has shown a generally upward trend from 0.60 in March 31, 2020, to 0.69 in December 31, 2024. This indicates that the company has been increasingly efficient in utilizing its assets to generate sales over this period.
There were fluctuations in the total asset turnover ratio over the years, with some quarters showing a slight decrease followed by an increase in subsequent quarters. However, the overall trend suggests an improvement in asset utilization efficiency.
The highest total asset turnover ratio of 0.70 was recorded on September 30, 2024, while the lowest ratio of 0.60 was observed on March 31, 2020. This demonstrates variability in how effectively the company was able to generate sales relative to its total assets at different points in time.
Overall, the increasing trend in total asset turnover for Church & Dwight Company Inc indicates that the company has been successful in optimizing its asset base to drive sales growth and improve overall operational efficiency.
Peer comparison
Dec 31, 2024