Carlisle Companies Incorporated (CSL)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,586,900 | 4,609,300 | 4,846,500 | 5,314,400 | 5,918,100 | 6,144,200 | 5,962,800 | 5,365,700 | 4,810,300 | 4,422,600 | 4,164,000 | 3,951,600 | 4,040,900 | 4,196,900 | 4,420,500 | 4,769,900 | 4,811,600 | 4,744,600 | 4,645,400 | 4,566,700 |
| Total assets | US$ in thousands | 6,620,000 | 6,816,000 | 7,176,200 | 7,115,400 | 7,222,000 | 7,732,000 | 7,577,700 | 7,323,000 | 7,246,800 | 7,074,600 | 5,839,300 | 5,752,200 | 5,866,400 | 5,800,000 | 5,808,300 | 6,297,600 | 5,496,000 | 5,541,100 | 5,396,700 | 5,301,700 |
| Total asset turnover | 0.69 | 0.68 | 0.68 | 0.75 | 0.82 | 0.79 | 0.79 | 0.73 | 0.66 | 0.63 | 0.71 | 0.69 | 0.69 | 0.72 | 0.76 | 0.76 | 0.88 | 0.86 | 0.86 | 0.86 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,586,900K ÷ $6,620,000K
= 0.69
The total asset turnover ratio for Carlisle Companies Inc. has shown some fluctuations over the past eight quarters. The ratio indicates how efficiently the company is generating sales revenue from its total assets.
In Q4 2023, the total asset turnover was 0.69, which was lower than the previous quarter at 0.80. This suggests that the company generated $0.69 in sales for every dollar of total assets during that period.
Looking back at Q1 2022, the total asset turnover was at its lowest point of 0.72, but it increased steadily over the quarters to reach its peak in Q4 2022 at 0.91. This implies that the company improved its efficiency in utilizing its assets to generate higher sales revenue during that period.
Overall, while there have been fluctuations in the total asset turnover ratio for Carlisle Companies Inc., the general trend has shown improvement with occasional dips. This indicates that the company has been effectively managing its assets to drive sales revenue, although there may be room for further optimization in certain quarters.
Peer comparison
Dec 31, 2023