Mondelez International Inc (MDLZ)
Total asset turnover
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 37,412,000 | 36,837,000 | 36,140,000 | 36,016,000 | 35,397,000 | 34,131,000 | 32,898,000 | 31,496,000 | 30,459,000 | 29,878,000 | 29,246,000 | 28,720,000 | 28,360,000 | 27,843,000 | 27,112,000 | 26,581,000 | 26,196,000 | 25,886,000 | 26,037,000 | 25,868,000 |
| Total assets | US$ in thousands | 68,497,000 | 72,191,000 | 77,624,000 | 71,391,000 | 70,860,000 | 72,025,000 | 72,786,000 | 71,161,000 | 68,036,000 | 66,014,000 | 67,994,000 | 67,092,000 | 67,317,000 | 66,477,000 | 66,349,000 | 67,810,000 | 66,249,000 | 64,194,000 | 63,598,000 | 64,515,000 |
| Total asset turnover | 0.55 | 0.51 | 0.47 | 0.50 | 0.50 | 0.47 | 0.45 | 0.44 | 0.45 | 0.45 | 0.43 | 0.43 | 0.42 | 0.42 | 0.41 | 0.39 | 0.40 | 0.40 | 0.41 | 0.40 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $37,412,000K ÷ $68,497,000K
= 0.55
The total asset turnover of Mondelez International Inc has shown a positive trend over the period from December 31, 2019, to December 31, 2024. The total asset turnover ratio, which measures how efficiently a company is using its assets to generate revenue, has gradually increased from 0.40 in December 2019 to 0.55 in December 2024.
This improvement indicates that Mondelez International Inc has been able to generate more revenue relative to its total assets, highlighting increased efficiency in asset utilization. The company's ability to generate higher sales with the same level of assets may suggest effective management of its asset base, operational processes, and overall business performance.
The steady increase in the total asset turnover ratio reflects positively on the company's financial health and efficiency in utilizing its assets to drive revenue growth. It indicates effective management of resources and the ability to maximize productivity and profitability over the analyzed period.
Peer comparison
Dec 31, 2024
See also:
Mondelez International Inc Total Asset Turnover (Quarterly Data)