Quaker Chemical Corporation (KWR)
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 | 1,838,723 | 1,807,300 | 1,831,773 | 1,857,826 | 1,882,612 | 1,892,565 | 1,899,214 | 1,897,711 | 1,880,954 | 1,865,850 | 1,827,228 | 1,779,037 | 1,740,473 | 1,678,776 | 1,593,852 | 1,442,077 | 1,384,720 | 1,398,527 | 1,359,589 | 1,286,904 |
| Total assets | US$ in thousands | 2,610,650 | 2,735,680 | 2,672,190 | 2,714,370 | 2,714,210 | 2,732,510 | 2,790,240 | 2,858,460 | 2,821,620 | 2,831,500 | 2,970,760 | 2,996,720 | 2,955,760 | 2,941,830 | 2,944,820 | 2,912,950 | 2,891,830 | 2,753,190 | 2,871,530 | 2,920,550 |
| Total asset turnover | 0.70 | 0.66 | 0.69 | 0.68 | 0.69 | 0.69 | 0.68 | 0.66 | 0.67 | 0.66 | 0.62 | 0.59 | 0.59 | 0.57 | 0.54 | 0.50 | 0.48 | 0.51 | 0.47 | 0.44 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,838,723K ÷ $2,610,650K
= 0.70
Quaker Chemical Corporation's total asset turnover has shown a generally increasing trend from 0.44 in March 2020 to 0.70 in December 2024. This ratio indicates how efficiently the company generates revenue from its assets. The rising trend suggests that Quaker Chemical has been more effective in utilizing its assets to generate sales over time. A higher total asset turnover indicates that the company is generating more sales for each dollar of assets it owns, which can be a positive sign of operational efficiency and effective asset management. However, it is important to further analyze the company's operational and financial performance to gain a deeper understanding of the factors driving this trend in total asset turnover.
Peer comparison
Dec 31, 2024