Ecolab Inc (ECL)

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	15,741,400	15,674,600	15,634,200	15,500,500	15,320,200	15,053,000	14,764,200	14,492,700	14,187,800	13,881,200	13,532,700	13,114,800	12,733,100	12,433,800	12,131,600	11,654,600	12,351,000	13,109,300	13,908,600	14,982,300
Total assets	US$ in thousands	22,387,800	22,101,600	21,461,800	21,298,500	21,846,600	21,858,100	21,456,200	21,251,500	21,464,300	21,037,000	21,163,600	21,067,200	21,206,400	17,926,200	18,533,700	18,208,100	18,126,000	18,097,100	18,082,400	22,339,600
Total asset turnover		0.70	0.71	0.73	0.73	0.70	0.69	0.69	0.68	0.66	0.66	0.64	0.62	0.60	0.69	0.65	0.64	0.68	0.72	0.77	0.67

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,741,400K ÷ $22,387,800K
= 0.70

Total asset turnover measures how efficiently a company generates revenue from its assets. For Ecolab Inc, the total asset turnover ratio has fluctuated over the reporting periods provided. The ratio ranged from a low of 0.60 to a high of 0.77 during the timeframe.

The trend shows some volatility, with the ratio generally hovering around the range of 0.60 to 0.70. This suggests that Ecolab Inc may not be utilizing its assets as efficiently as it could to generate sales.

It would be beneficial for the company to undertake a closer analysis of its asset management strategies to identify areas for improvement in optimizing the utilization of its assets. By enhancing its asset turnover ratio, Ecolab Inc can potentially increase its revenue generation efficiency and overall profitability.