Mattel Inc (MAT)
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 | 5,379,538 | 5,353,838 | 5,428,738 | 5,436,208 | 5,441,300 | 5,222,500 | 5,059,500 | 5,208,000 | 5,434,700 | 5,827,700 | 5,834,200 | 5,624,900 | 5,457,800 | 5,288,700 | 5,158,100 | 4,863,800 | 4,583,700 | 4,431,600 | 4,281,500 | 4,409,500 |
| Total assets | US$ in thousands | 6,544,080 | 6,513,730 | 5,905,820 | 6,065,370 | 6,435,820 | 6,244,600 | 5,897,800 | 5,831,700 | 6,177,700 | 6,468,200 | 6,167,700 | 6,147,400 | 6,393,900 | 6,194,600 | 5,241,100 | 5,102,300 | 5,521,100 | 5,604,100 | 4,992,700 | 4,804,400 |
| Total asset turnover | 0.82 | 0.82 | 0.92 | 0.90 | 0.85 | 0.84 | 0.86 | 0.89 | 0.88 | 0.90 | 0.95 | 0.92 | 0.85 | 0.85 | 0.98 | 0.95 | 0.83 | 0.79 | 0.86 | 0.92 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,379,538K ÷ $6,544,080K
= 0.82
Mattel Inc's total asset turnover ratio measures the efficiency of the company in generating sales revenue from its total assets. The trend of total asset turnover for Mattel Inc from March 31, 2020, to December 31, 2024, fluctuates within a range of 0.79 to 0.98.
The ratio decreased from 0.92 on March 31, 2020, to 0.79 on September 30, 2020, indicating a decline in the company's ability to generate sales from its assets during that period. However, it then improved to 0.95 on March 31, 2021, and reached its peak at 0.98 on June 30, 2021, showing increasing efficiency in asset utilization.
Afterward, the total asset turnover ratio fluctuated between 0.85 and 0.92 up to June 30, 2024, suggesting some variability in the company's asset management efficiency. Notably, the ratio saw a decrease to 0.82 by December 31, 2024, signifying a potential decline in sales generated from assets at the end of the observation period.
Overall, the trend of Mattel Inc's total asset turnover ratio highlights variations in the company's ability to utilize its assets effectively to drive sales over the analyzed period.