Keurig Dr Pepper Inc (KDP)

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	15,293,000	14,562,000	14,344,000	14,243,000	14,303,000	14,206,000	14,054,000	13,647,000	13,249,000	13,493,000	13,211,000	13,017,000	12,737,000	11,774,000	11,512,000	11,201,000	11,024,000	10,824,000	10,664,000	10,601,000
Total assets	US$ in thousands	53,430,000	52,718,000	52,344,000	52,286,000	52,130,000	51,763,000	51,801,000	51,660,000	51,837,000	51,440,000	51,428,000	51,244,000	50,598,000	50,330,000	50,344,000	50,403,000	49,779,000	49,381,000	49,026,000	48,843,000
Total asset turnover		0.29	0.28	0.27	0.27	0.27	0.27	0.27	0.26	0.26	0.26	0.26	0.25	0.25	0.23	0.23	0.22	0.22	0.22	0.22	0.22

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,293,000K ÷ $53,430,000K
= 0.29

The total asset turnover of Keurig Dr Pepper Inc has shown a steady improvement over the years, increasing from 0.22 in March 2020 to 0.29 in December 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting improved efficiency in utilizing its assets to generate sales. The upward trend in total asset turnover signifies that Keurig Dr Pepper Inc has been effectively managing its assets to drive revenue growth and enhance operational performance.