Edgewell Personal Care Co (EPC)
Total asset turnover
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 2,141,000 | 2,150,400 | 2,161,800 |
| Total assets | US$ in thousands | 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 | 3,420,900 | 3,431,300 | 3,988,500 |
| Total asset turnover | 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 | 0.63 | 0.63 | 0.54 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,271,400K ÷ $3,787,200K
= 0.60
The total asset turnover ratio for Edgewell Personal Care Co has remained relatively stable over the past several quarters, ranging from 0.56 to 0.60. This indicates that the company is generating revenue efficiently relative to its total assets during these periods. A total asset turnover ratio of 0.60 means that for every dollar of total assets the company has, it generates $0.60 in sales.
Although the ratio has fluctuated slightly, overall, the consistency of the figures suggests that Edgewell Personal Care Co has been effective in utilizing its assets to generate sales revenue. This stability could indicate a consistent operational performance and effective management of its asset base.
It is important for the company to monitor this ratio over time to ensure that it remains at a satisfactory level, reflecting the company's ability to efficiently generate sales from its total asset base. Any significant deviations from the current range should be further examined to identify potential issues or areas for improvement in the company's asset management and sales generation strategies.
Peer comparison
Dec 31, 2023