Kimberly-Clark Corporation (KMB)
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 | 20,029,000 | 20,040,000 | 20,220,000 | 20,320,000 | 20,366,000 | 20,391,000 | 20,312,000 | 20,312,000 | 20,217,000 | 20,153,000 | 20,100,000 | 19,700,000 | 19,300,000 | 19,236,000 | 18,919,000 | 18,819,000 | 19,128,000 | 18,875,000 | 18,832,000 | 18,832,000 |
| Total assets | US$ in thousands | 16,546,000 | 17,165,000 | 17,280,000 | 17,092,000 | 17,344,000 | 17,153,000 | 17,383,000 | 18,177,000 | 17,970,000 | 17,836,000 | 18,114,000 | 18,672,000 | 17,837,000 | 17,775,000 | 17,827,000 | 17,226,000 | 17,523,000 | 16,531,000 | 16,173,000 | 15,677,000 |
| Total asset turnover | 1.21 | 1.17 | 1.17 | 1.19 | 1.17 | 1.19 | 1.17 | 1.12 | 1.13 | 1.13 | 1.11 | 1.06 | 1.08 | 1.08 | 1.06 | 1.09 | 1.09 | 1.14 | 1.16 | 1.20 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $20,029,000K ÷ $16,546,000K
= 1.21
The total asset turnover ratio of Kimberly-Clark Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio measures the efficiency of the company in generating sales revenue from its total assets. Kimberly-Clark's total asset turnover has ranged from a high of 1.21 in December 31, 2024, to a low of 1.06 in June 30, 2021.
Generally, a higher total asset turnover ratio indicates that the company is utilizing its assets effectively to generate revenue. The slight variations in the ratio over the periods may be reflective of changes in the company's operations, sales, or asset utilization efficiency. It is essential for stakeholders to monitor this ratio to assess the company's operational efficiency and its ability to generate revenue from its asset base.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Total Asset Turnover (Quarterly Data)