Fresh Del Monte Produce Inc (FDP)

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 4,280,300 4,275,700 4,259,300 4,300,100 4,320,700 4,352,100 4,402,500 4,433,900 4,442,300 4,419,600 4,370,900 4,300,600 4,252,000 4,237,000 4,221,900 4,172,600 4,202,300 4,225,200 4,305,700 4,452,800
Total assets US$ in thousands 3,096,200 3,156,900 3,109,100 3,200,000 3,184,100 3,348,600 3,372,500 3,443,100 3,458,900 3,395,500 3,395,700 3,501,800 3,398,100 3,387,700 3,375,000 3,423,400 3,263,300 3,281,400 3,294,200 3,396,300
Total asset turnover 1.38 1.35 1.37 1.34 1.36 1.30 1.31 1.29 1.28 1.30 1.29 1.23 1.25 1.25 1.25 1.22 1.29 1.29 1.31 1.31

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,280,300K ÷ $3,096,200K
= 1.38

Fresh Del Monte Produce Inc's total asset turnover has shown some fluctuations over the past five years. The company's total asset turnover ratio ranged between 1.22 and 1.38 during this period. The ratio peaked at 1.38 on December 31, 2024, indicating that Fresh Del Monte Produce Inc generated $1.38 in sales for every dollar of assets held at the end of that quarter. Overall, the company has maintained a relatively stable total asset turnover ratio, suggesting a consistent ability to generate revenue relative to its total assets throughout the period analyzed.


Peer comparison

Dec 31, 2024

Company name
Symbol
Total asset turnover
Fresh Del Monte Produce Inc
FDP
1.38
Corteva Inc
CTVA
0.40