Columbia Sportswear Company (COLM)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,368,580 | 3,487,200 | 3,464,150 | 3,126,400 | 2,501,550 |
| Total assets | US$ in thousands | 2,975,260 | 2,939,010 | 3,051,550 | 3,067,130 | 2,836,570 |
| Total asset turnover | 1.13 | 1.19 | 1.14 | 1.02 | 0.88 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,368,580K ÷ $2,975,260K
= 1.13
Columbia Sportswear Company's total asset turnover has shown an upward trend over the past five years, increasing from 0.88 in December 31, 2020, to 1.13 in December 31, 2024. This indicates that the company is generating more sales revenue for each dollar of assets held. The peak in total asset turnover was observed in December 31, 2023, at 1.19, suggesting efficient asset utilization during that period. Overall, the increasing trend in total asset turnover signifies improved efficiency in utilizing the company's assets to generate revenue, reflecting positively on Columbia Sportswear Company's operational performance.
Peer comparison
Dec 31, 2024