Edgewell Personal Care Co (EPC)
Total asset turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,253,700 | 2,251,600 | 2,171,700 | 2,087,300 | 1,949,700 |
| Total assets | US$ in thousands | 3,730,900 | 3,740,700 | 3,713,100 | 3,674,600 | 3,540,900 |
| Total asset turnover | 0.60 | 0.60 | 0.58 | 0.57 | 0.55 |
September 30, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,253,700K ÷ $3,730,900K
= 0.60
The total asset turnover ratio for Edgewell Personal Care Co has been relatively stable over the past five years, ranging between 0.55 and 0.60. This indicates that, on average, the company generated $0.60 in revenue for every dollar of total assets in the most recent fiscal year, which is consistent with the previous year. The steadiness of this ratio suggests that Edgewell Personal Care Co has been effectively utilizing its assets to generate sales revenue. However, it is important to note that a higher total asset turnover ratio may signify more efficient asset utilization and could indicate improved operational performance. Further analysis of the company's operational efficiency and asset management practices would provide a more comprehensive understanding of its overall financial health.
Peer comparison
Sep 30, 2024