Matson Inc (MATX)

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 3,421,800 3,320,400 3,185,900 3,111,900 3,094,600 3,107,300 3,394,600 3,882,300 4,343,000 4,808,400 4,765,200 4,379,000 3,925,300 3,358,400 2,932,000 2,581,200 2,383,300 2,223,900 2,150,800 2,184,600
Total assets US$ in thousands 4,595,400 4,442,200 4,273,900 4,219,900 4,417,900 4,292,800 4,218,100 4,227,300 4,330,000 4,459,000 4,158,600 3,977,500 3,693,100 3,222,800 3,036,200 2,929,700 2,900,600 2,806,700 2,777,600 2,835,900
Total asset turnover 0.74 0.75 0.75 0.74 0.70 0.72 0.80 0.92 1.00 1.08 1.15 1.10 1.06 1.04 0.97 0.88 0.82 0.79 0.77 0.77

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,421,800K ÷ $4,595,400K
= 0.74

The total asset turnover of Matson Inc has displayed fluctuating trends over the period indicated. It increased steadily from March 31, 2021, to June 30, 2022, reaching its peak at 1.15. Subsequently, there was a slight decrease in the total asset turnover to 1.00 by December 31, 2022. The ratio further declined, hitting its lowest point at 0.70 on December 31, 2023. There was a minor recovery noted in the following periods, with the total asset turnover fluctuating between 0.74 and 1.10. The overall pattern of total asset turnover suggests varying efficiency in generating sales revenue relative to the total assets held by Matson Inc during the stated period.