Koppers Holdings Inc (KOP)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,083,200 | 2,057,800 | 2,051,100 | 1,985,600 | 1,935,700 | 1,860,900 | 1,750,800 | 1,690,300 | 1,638,100 | 1,625,600 | 1,636,700 | 1,629,600 | 1,620,200 | 1,630,600 | 1,664,300 | 1,694,300 | 1,724,600 | 1,756,800 | 1,725,000 | 1,692,700 |
| Total assets | US$ in thousands | 1,835,500 | 1,810,200 | 1,815,700 | 1,800,600 | 1,711,400 | 1,652,700 | 1,687,300 | 1,731,800 | 1,661,900 | 1,652,200 | 1,674,000 | 1,648,900 | 1,598,600 | 1,534,400 | 1,555,800 | 1,573,100 | 1,564,600 | 1,553,400 | 1,598,100 | 1,593,400 |
| Total asset turnover | 1.13 | 1.14 | 1.13 | 1.10 | 1.13 | 1.13 | 1.04 | 0.98 | 0.99 | 0.98 | 0.98 | 0.99 | 1.01 | 1.06 | 1.07 | 1.08 | 1.10 | 1.13 | 1.08 | 1.06 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,083,200K ÷ $1,835,500K
= 1.13
Koppers Holdings Inc's total asset turnover has shown consistency in the recent quarters, ranging between 1.00 and 1.17. The company has maintained a relatively stable ability to generate revenue from its total assets, with Q4 2023 and Q3 2023 both showing a total asset turnover of 1.17. This indicates that for every dollar of assets held by Koppers Holdings Inc, the company is generating $1.17 in sales. The trend suggests that the company has been effectively utilizing its assets to generate revenue, with a slight improvement seen in the most recent quarters compared to earlier periods in 2022.
Peer comparison
Dec 31, 2023