Dupont De Nemours Inc (DD)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,386,000 | 12,068,000 | 13,017,000 | 12,566,000 | 20,397,000 |
| Total assets | US$ in thousands | 36,636,000 | 38,552,000 | 41,400,000 | 45,707,000 | 70,904,000 |
| Total asset turnover | 0.34 | 0.31 | 0.31 | 0.27 | 0.29 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $12,386,000K ÷ $36,636,000K
= 0.34
Dupont De Nemours Inc's total asset turnover has shown a fluctuating trend over the past five years. It decreased from 0.29 in December 2020 to 0.27 in December 2021, indicating a decline in its ability to generate sales from its total assets. However, there was a slight improvement in 2022 and 2023, where the total asset turnover increased to 0.31. In the most recent year, December 2024, the total asset turnover further improved to 0.34, suggesting that Dupont De Nemours Inc became more efficient in utilizing its assets to generate revenue. Overall, the company's total asset turnover ratio demonstrates variability, reflecting changes in the efficiency of asset utilization over the years.
Peer comparison
Dec 31, 2024