Coty Inc (COTY)

Total asset turnover

		Jun 30, 2025	Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	5,892,900	6,003,900	6,090,400	6,148,100	6,118,000	6,106,200	6,009,500	5,805,500	5,554,100	5,370,800	5,268,100	5,322,700	5,304,400	5,198,500	5,040,100	4,877,500	4,629,900	4,127,900	4,628,100	5,557,500
Total assets	US$ in thousands	11,907,700	11,470,500	11,724,300	12,516,000	12,082,500	12,322,200	13,015,700	12,616,900	12,661,600	12,705,500	12,454,600	11,947,900	12,116,100	13,269,100	13,434,000	14,038,400	13,691,400	13,622,300	14,159,800	17,780,100
Total asset turnover		0.49	0.52	0.52	0.49	0.51	0.50	0.46	0.46	0.44	0.42	0.42	0.45	0.44	0.39	0.38	0.35	0.34	0.30	0.33	0.31

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,892,900K ÷ $11,907,700K
= 0.49

The total asset turnover ratio for Coty Inc. demonstrates a general upward trend over the analyzed period from September 2020 to June 2025. Initially, the ratio stands at 0.31 in September 2020, indicating that the company generated approximately $0.31 in sales for every dollar of assets. Throughout the subsequent periods, the ratio exhibits gradual improvement, reaching 0.33 by December 2020 and experiencing minor fluctuations thereafter.

Between September 2020 and March 2022, the ratio experiences a steady increase, reaching around 0.39–0.45, reflecting enhanced efficiency in utilizing assets to generate sales. This positive trend accelerates after March 2022, with the ratio rising more noticeably—from 0.44 in June 2022 to 0.52 by December 2024. The highest recorded value in this dataset is 0.52, observed in December 2024 and again in March 2025, indicating that Coty Inc. was able to generate an increasing amount of sales relative to its asset base.

The overall movement suggests an improvement in asset efficiency over time, potentially attributable to better inventory management, streamlined operations, or shifts in sales strategy. After reaching its peak, the ratio slightly declines to 0.49 in June 2025, yet it remains significantly higher than the initial levels recorded in 2020.

In summary, Coty Inc.'s total asset turnover ratio reveals a consistent effort towards optimizing asset utilization, reflected in a notable upward trajectory over the period examined. This trend signifies a strengthening of operational efficiency and potentially enhanced revenue generation capacity relative to its asset base in recent years.