Olin Corporation (OLN)
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 | 6,540,100 | 6,483,400 | 6,565,300 | 6,624,000 | 6,833,000 | 7,195,400 | 7,845,700 | 8,759,100 | 9,376,200 | 9,829,600 | 9,848,000 | 9,453,200 | 8,910,600 | 8,134,300 | 7,231,800 | 6,251,700 | 5,758,000 | 5,491,000 | 5,630,000 | 5,981,700 |
| Total assets | US$ in thousands | 7,579,100 | 7,518,300 | 7,660,600 | 7,611,300 | 7,713,200 | 7,815,200 | 7,952,500 | 8,109,400 | 8,044,200 | 8,220,200 | 8,675,200 | 8,574,700 | 8,517,700 | 8,652,700 | 8,657,200 | 8,453,200 | 8,270,900 | 8,266,600 | 8,978,100 | 9,184,400 |
| Total asset turnover | 0.86 | 0.86 | 0.86 | 0.87 | 0.89 | 0.92 | 0.99 | 1.08 | 1.17 | 1.20 | 1.14 | 1.10 | 1.05 | 0.94 | 0.84 | 0.74 | 0.70 | 0.66 | 0.63 | 0.65 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,540,100K ÷ $7,579,100K
= 0.86
Olin Corporation's total asset turnover ratio, which measures the efficiency of the company in generating revenue from its assets, has shown a fluctuating trend over the specified period.
The ratio started at around 0.65 in March 2020 and experienced slight fluctuations before showing an increasing trend from December 2020 to June 2022, reaching a peak of 1.20 in September 2022. This substantial increase indicates that Olin Corporation was generating more revenue relative to its total assets during this period.
However, the ratio started to decline after June 2022, reaching 0.86 by the end of December 2024. This decrease could suggest that the company may be experiencing challenges in efficiently utilizing its assets to generate revenue.
Overall, Olin Corporation's total asset turnover ratio has shown both growth and decline throughout the analyzed period, reflecting varying levels of asset efficiency and revenue generation.
Peer comparison
Dec 31, 2024