PepsiCo Inc (PEP)

Total asset turnover

		Dec 31, 2024	Sep 7, 2024	Jun 15, 2024	Mar 23, 2024	Dec 31, 2023	Sep 9, 2023	Jun 17, 2023	Mar 31, 2023	Dec 31, 2022	Sep 3, 2022	Jun 11, 2022	Mar 19, 2022	Dec 31, 2021	Sep 4, 2021	Jun 12, 2021	Mar 20, 2021	Dec 31, 2020	Sep 5, 2020	Jun 13, 2020	Mar 21, 2020
Revenue (ttm)	US$ in thousands	91,854,000	91,920,000	92,054,000	91,875,000	91,471,000	91,617,000	90,135,000	88,038,000	86,392,000	83,644,000	81,862,000	80,854,000	79,474,000	76,681,000	74,583,000	71,311,000	70,372,000	68,557,000	67,654,000	64,593,000
Total assets	US$ in thousands	99,467,000	100,513,000	99,533,000	100,040,000	100,495,000	99,953,000	95,906,000	93,042,000	92,187,000	94,461,000	93,103,000	92,962,000	92,377,000	93,254,000	92,385,000	91,224,000	92,918,000	92,041,000	89,525,000	85,062,000
Total asset turnover		0.92	0.91	0.92	0.92	0.91	0.92	0.94	0.95	0.94	0.89	0.88	0.87	0.86	0.82	0.81	0.78	0.76	0.74	0.76	0.76

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $91,854,000K ÷ $99,467,000K
= 0.92

PepsiCo Inc's total asset turnover ratio has shown a consistent improvement over the analyzed periods, starting at 0.76 in March 2021 and gradually increasing to 0.92 by the end of December 2024. This indicates a more efficient utilization of assets to generate revenue. The ratio surpassed 1.0 in three instances, suggesting that PepsiCo is generating more revenue relative to its total assets during those periods. Overall, the increasing trend in total asset turnover reflects positively on PepsiCo's operational efficiency and its ability to generate sales from its asset base.