Columbia Sportswear Company (COLM)

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	3,368,926	3,332,326	3,386,241	3,436,870	3,487,199	3,596,729	3,566,105	3,523,235	3,464,152	3,424,352	3,273,999	3,262,306	3,126,402	2,912,305	2,808,691	2,558,932	2,501,554	2,540,798	2,746,499	2,956,098
Total assets	US$ in thousands	2,975,260	2,760,740	2,760,820	2,762,230	2,939,010	2,798,940	2,789,800	2,888,970	3,051,550	2,890,150	2,726,790	2,787,980	3,067,130	2,889,360	2,863,300	2,793,910	2,836,570	2,652,310	2,622,400	2,751,490
Total asset turnover		1.13	1.21	1.23	1.24	1.19	1.29	1.28	1.22	1.14	1.18	1.20	1.17	1.02	1.01	0.98	0.92	0.88	0.96	1.05	1.07

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,368,926K ÷ $2,975,260K
= 1.13

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its assets. Columbia Sportswear Company's total asset turnover has fluctuated over the years, indicating varying levels of asset utilization.

From March 31, 2020, to December 31, 2020, the total asset turnover decreased from 1.07 to 0.88, suggesting a decline in the company's ability to efficiently generate sales from its assets. However, starting from March 31, 2021, there was a gradual increase in the ratio, reaching a peak of 1.29 on September 30, 2023.

Subsequently, the ratio fluctuated between 1.13 and 1.28 from December 31, 2023, to June 30, 2024. The highest total asset turnover was recorded on June 30, 2024, at 1.28, indicating effective asset utilization and revenue generation. However, by December 31, 2024, the ratio had decreased to 1.13, suggesting a potential decrease in operational efficiency in utilizing assets to generate revenue.

Overall, Columbia Sportswear Company's total asset turnover ratio has shown variability, with periods of improvement and decline. Monitoring this ratio can provide insights into the company's operational efficiency and effectiveness in utilizing its assets to drive sales.