Edgewell Personal Care Co (EPC)
Total asset turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,253,700 | 2,270,200 | 2,272,400 | 2,271,400 | 2,251,600 | 2,254,400 | 2,228,200 | 2,177,500 | 2,171,700 | 2,178,000 | 2,127,900 | 2,099,500 | 2,087,300 | 2,032,900 | 1,943,100 | 1,946,800 | 1,949,700 | 1,988,900 | 2,114,200 | 2,137,900 |
| Total assets | US$ in thousands | 3,730,900 | 3,708,400 | 3,756,300 | 3,787,200 | 3,740,700 | 3,766,300 | 3,798,600 | 3,797,000 | 3,713,100 | 3,721,300 | 3,793,300 | 3,807,100 | 3,674,600 | 3,647,200 | 3,537,900 | 3,496,100 | 3,540,900 | 3,465,600 | 3,308,500 | 3,303,200 |
| Total asset turnover | 0.60 | 0.61 | 0.60 | 0.60 | 0.60 | 0.60 | 0.59 | 0.57 | 0.58 | 0.59 | 0.56 | 0.55 | 0.57 | 0.56 | 0.55 | 0.56 | 0.55 | 0.57 | 0.64 | 0.65 |
September 30, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,253,700K ÷ $3,730,900K
= 0.60
Total asset turnover for Edgewell Personal Care Co has been relatively stable over the past five years, ranging from 0.55 to 0.65. This ratio indicates that the company generates approximately $0.55 to $0.65 in revenue for every dollar of assets it holds.
The slight fluctuations in total asset turnover suggest that Edgewell may be efficiently utilizing its assets to generate sales. However, it is important to consider industry norms and compare the company's performance with its competitors to get a better understanding of its asset utilization efficiency.
Overall, a total asset turnover ratio in the range observed for Edgewell Personal Care Co indicates that the company has been effective in generating revenue from its assets, although further analysis would be needed to assess the company's performance in relation to its industry peers.
Peer comparison
Sep 30, 2024