International Paper (IP)
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 | 18,619,000 | 18,640,000 | 18,567,000 | 18,515,000 | 18,916,000 | 19,448,000 | 20,237,000 | 20,944,000 | 21,161,000 | 21,114,000 | 21,426,000 | 21,653,000 | 21,779,000 | 21,932,000 | 21,341,000 | 20,591,000 | 20,580,000 | 20,839,000 | 21,284,000 | 22,085,000 |
| Total assets | US$ in thousands | 22,800,000 | 23,161,000 | 23,063,000 | 23,028,000 | 23,261,000 | 23,951,000 | 23,683,000 | 23,771,000 | 23,940,000 | 24,865,000 | 25,282,000 | 25,158,000 | 25,243,000 | 29,471,000 | 31,448,000 | 31,477,000 | 31,718,000 | 31,840,000 | 32,519,000 | 33,215,000 |
| Total asset turnover | 0.82 | 0.80 | 0.81 | 0.80 | 0.81 | 0.81 | 0.85 | 0.88 | 0.88 | 0.85 | 0.85 | 0.86 | 0.86 | 0.74 | 0.68 | 0.65 | 0.65 | 0.65 | 0.65 | 0.66 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $18,619,000K ÷ $22,800,000K
= 0.82
The total asset turnover ratio for International Paper has shown fluctuations over the past few years. It was at 0.66 as of March 31, 2020, and gradually decreased to 0.65 by June 30, 2020, where it remained relatively stable until March 31, 2021. From June 30, 2021, the total asset turnover started to increase, reaching 0.88 by December 31, 2022. However, in the following periods, there was a slight decline in the ratio, with fluctuations around 0.80 to 0.85.
Overall, the trend indicates that International Paper has been able to generate revenues efficiently relative to its total assets, with some variation in performance over the years. The increase in the total asset turnover ratio up to December 31, 2022 suggests improved asset utilization, while the subsequent slight decrease suggests a potential slowdown in this efficiency. Monitoring this ratio will be crucial to assess the company's ongoing operational effectiveness and the management of its asset base.
Peer comparison
Dec 31, 2024