Koppers Holdings Inc (KOP)
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 | 2,092,100 | 2,128,300 | 2,124,400 | 2,138,400 | 2,154,200 | 2,123,600 | 2,109,300 | 2,034,600 | 1,980,500 | 1,903,200 | 1,791,900 | 1,730,400 | 1,678,600 | 1,666,400 | 1,679,100 | 1,674,700 | 1,669,100 | 1,669,200 | 1,706,600 | 1,739,800 |
| Total assets | US$ in thousands | 1,890,200 | 1,959,600 | 1,948,000 | 1,845,300 | 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 |
| Total asset turnover | 1.11 | 1.09 | 1.09 | 1.16 | 1.17 | 1.17 | 1.16 | 1.13 | 1.16 | 1.15 | 1.06 | 1.00 | 1.01 | 1.01 | 1.00 | 1.02 | 1.04 | 1.09 | 1.10 | 1.11 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,092,100K ÷ $1,890,200K
= 1.11
The total asset turnover ratio for Koppers Holdings Inc has shown some fluctuations over the past few years. It measures how efficiently the company is using its assets to generate revenue. From March 31, 2020, to December 31, 2024, the total asset turnover ratio has ranged from a low of 1.00 to a high of 1.17.
The ratio decreased slightly from 1.11 in March 2020 to 1.04 in December 2020, indicating a slight decrease in efficiency in generating revenue from its assets during this period. However, the ratio started to increase in the following quarters, reaching 1.16 by June 30, 2023. This suggests that the company was able to improve its asset utilization and generate more revenue from its assets.
There were fluctuations in the total asset turnover ratio in the subsequent quarters, but overall it remained relatively stable, hovering around 1.09 to 1.17. This implies that Koppers Holdings Inc has been able to maintain a fairly consistent level of efficiency in utilizing its assets to generate revenue during this period.
The peak ratio of 1.17 in December 31, 2023, indicates that the company was particularly efficient in generating revenue from its assets at that time. However, the ratio decreased slightly in the following quarters but remained above 1.00, reflecting a generally positive performance in asset turnover.
Overall, the total asset turnover ratio for Koppers Holdings Inc demonstrates the company's ability to efficiently utilize its assets to generate revenue, with some fluctuations in performance over the analyzed period.
Peer comparison
Dec 31, 2024