Ford Motor Company (F)

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	185,059,000	183,244,000	180,529,000	177,660,000	176,452,000	173,326,000	169,237,000	164,758,000	158,057,000	151,736,000	148,027,000	134,589,000	136,341,000	134,615,000	136,433,000	129,052,000	127,144,000	130,907,000	130,396,000	149,878,000
Total assets	US$ in thousands	285,196,000	287,047,000	276,586,000	274,341,000	273,310,000	268,073,000	265,991,000	256,800,000	255,884,000	246,919,000	245,755,000	252,986,000	257,035,000	252,677,000	248,532,000	260,819,000	267,261,000	259,943,000	269,366,000	264,150,000
Total asset turnover		0.65	0.64	0.65	0.65	0.65	0.65	0.64	0.64	0.62	0.61	0.60	0.53	0.53	0.53	0.55	0.49	0.48	0.50	0.48	0.57

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $185,059,000K ÷ $285,196,000K
= 0.65

Ford Motor Company's total asset turnover has shown fluctuation over the years but has generally been consistent around 0.5 to 0.6. This ratio measures how efficiently the company is utilizing its assets to generate sales revenue. An increasing trend in total asset turnover indicates that Ford is effectively using its assets to generate revenue. In the most recent period, the total asset turnover ratio has increased to 0.65, which suggests that Ford has improved its efficiency in utilizing its assets to generate sales. This trend is positive as it indicates that Ford is becoming more efficient in generating revenue from its total assets.