ODP Corp (ODP)
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 | 6,992,000 | 7,174,000 | 7,403,000 | 7,594,000 | 7,831,000 | 8,131,000 | 8,294,000 | 8,420,000 | 8,490,000 | 8,426,000 | 8,433,000 | 8,685,000 | 8,873,000 | 9,119,000 | 9,479,000 | 9,351,000 | 9,710,000 | 9,930,000 | 10,173,000 | 10,603,000 |
| Total assets | US$ in thousands | 3,529,000 | 3,691,000 | 3,653,000 | 3,735,000 | 3,886,000 | 3,980,000 | 3,961,000 | 4,041,000 | 4,149,000 | 4,418,000 | 4,474,000 | 4,529,000 | 4,865,000 | 5,351,000 | 5,378,000 | 5,598,000 | 5,558,000 | 5,745,000 | 5,865,000 | 6,454,000 |
| Total asset turnover | 1.98 | 1.94 | 2.03 | 2.03 | 2.02 | 2.04 | 2.09 | 2.08 | 2.05 | 1.91 | 1.88 | 1.92 | 1.82 | 1.70 | 1.76 | 1.67 | 1.75 | 1.73 | 1.73 | 1.64 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,992,000K ÷ $3,529,000K
= 1.98
Total asset turnover for ODP Corp has shown a fluctuating trend over the past few years, increasing from 1.64 in March 2020 to 1.98 by December 2024. This ratio indicates that the company generated $1.98 in revenue for every dollar invested in assets at the end of December 2024. The peak of 2.09 in June 2023 suggests efficient asset utilization, potentially indicative of effective management in generating sales from its asset base. However, the slight decline in total asset turnover in the most recent quarter may warrant further investigation into potential changes in the company's operational efficiency or asset management strategies.
Peer comparison
Dec 31, 2024