Dupont De Nemours Inc (DD)

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	12,386,000	12,192,000	12,317,000	12,240,000	12,327,000	12,533,000	12,533,000	12,761,000	13,017,000	13,159,000	14,113,000	14,926,000	15,628,000	17,634,000	18,459,000	19,152,000	20,397,000	20,349,000	20,679,000	21,319,000
Total assets	US$ in thousands	36,636,000	37,461,000	36,553,000	37,717,000	38,552,000	39,133,000	40,797,000	41,208,000	41,400,000	44,099,000	44,440,000	45,393,000	45,707,000	46,015,000	45,839,000	47,804,000	70,904,000	72,141,000	66,753,000	67,987,000
Total asset turnover		0.34	0.33	0.34	0.32	0.32	0.32	0.31	0.31	0.31	0.30	0.32	0.33	0.34	0.38	0.40	0.40	0.29	0.28	0.31	0.31

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $12,386,000K ÷ $36,636,000K
= 0.34

The total asset turnover ratio of Dupont De Nemours Inc has remained within the range of 0.28 to 0.40 over the period from March 31, 2020, to December 31, 2024. This ratio indicates how efficiently the company is generating sales revenue from its total assets.

The consistency of the total asset turnover ratio around the range suggests that Dupont De Nemours Inc is effectively utilizing its assets to generate revenue. A higher turnover ratio is generally preferred as it indicates that the company is generating more revenue per dollar of assets.

However, fluctuations in the ratio over time could be an indication of changes in the company's business operations, asset management strategies, or changes in market conditions. It is important for investors and analysts to further investigate the reasons behind these fluctuations to assess the company's operational efficiency and financial performance accurately.