Interpublic Group of Companies Inc (IPG)
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 | 10,691,700 | 10,858,000 | 10,907,700 | 10,864,200 | 10,889,300 | 10,851,900 | 10,811,100 | 10,880,300 | 10,927,800 | 10,874,000 | 10,778,300 | 10,552,200 | 10,240,700 | 9,858,600 | 9,442,100 | 8,958,200 | 9,061,000 | 9,412,800 | 9,725,400 | 10,219,900 |
| Total assets | US$ in thousands | 18,325,800 | 17,083,200 | 17,011,800 | 17,286,100 | 19,267,300 | 17,027,300 | 17,110,000 | 16,664,100 | 18,845,000 | 16,875,200 | 17,249,200 | 17,880,900 | 19,909,200 | 17,805,300 | 17,321,700 | 16,349,700 | 18,042,700 | 16,074,700 | 14,896,900 | 16,428,900 |
| Total asset turnover | 0.58 | 0.64 | 0.64 | 0.63 | 0.57 | 0.64 | 0.63 | 0.65 | 0.58 | 0.64 | 0.62 | 0.59 | 0.51 | 0.55 | 0.55 | 0.55 | 0.50 | 0.59 | 0.65 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,691,700K ÷ $18,325,800K
= 0.58
Interpublic Group of Companies Inc's total asset turnover has fluctuated over the reported period. The ratio measures how efficiently the company generates revenue from its assets. From March 31, 2020 to December 31, 2020, the total asset turnover decreased from 0.62 to 0.50, indicating a decline in revenue generated per dollar of assets.
There was a slight increase in the ratio from March 31, 2021 to June 30, 2021, but it remained relatively flat at 0.55 in the following quarters. Notably, the ratio improved to 0.64 by September 30, 2022, and maintained this level until December 31, 2024, suggesting increased efficiency in asset utilization and revenue generation.
However, there were fluctuations in between, such as a decrease to 0.51 by December 31, 2021, and a subsequent rise to 0.59 by March 31, 2022. Overall, the company's total asset turnover ratio has shown variability, indicating changes in how effectively Interpublic Group of Companies Inc is utilizing its assets to generate sales revenue.
Peer comparison
Dec 31, 2024