Procter & Gamble Company (PG)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 84,284,000 | 83,927,000 | 84,346,000 | 83,905,000 | 84,039,000 | 84,060,000 | 83,933,000 | 83,265,000 | 82,006,000 | 80,968,000 | 80,281,000 | 80,461,000 | 80,187,000 | 79,618,000 | 78,346,000 | 77,138,000 | 76,118,000 | 74,870,000 | 73,975,000 | 72,470,000 |
| Total assets | US$ in thousands | 125,231,000 | 122,984,000 | 122,639,000 | 126,482,000 | 122,370,000 | 119,598,000 | 120,709,000 | 122,531,000 | 120,829,000 | 119,851,000 | 117,715,000 | 116,282,000 | 117,208,000 | 120,217,000 | 121,416,000 | 119,669,000 | 119,307,000 | 116,778,000 | 120,112,000 | 119,899,000 |
| Total asset turnover | 0.67 | 0.68 | 0.69 | 0.66 | 0.69 | 0.70 | 0.70 | 0.68 | 0.68 | 0.68 | 0.68 | 0.69 | 0.68 | 0.66 | 0.65 | 0.64 | 0.64 | 0.64 | 0.62 | 0.60 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $84,284,000K ÷ $125,231,000K
= 0.67
The analysis of Procter & Gamble Company's total asset turnover ratio over the specified period reveals a generally positive trend characterized by gradual increases and stabilization at higher levels before a slight decline. Starting from a ratio of 0.60 as of September 30, 2020, the ratio exhibited consistent improvement over the subsequent quarters, reaching 0.70 by December 31, 2023. This indicates enhanced efficiency in utilizing the company's total assets to generate sales, reflecting potentially improved operational effectiveness or better asset management.
Notably, the progression shows incremental growth, with notable increases between September 2020 and December 2023, suggesting a strengthening in the company’s ability to generate sales per dollar of assets. The ratio peaked at 0.70 in December 2023, signifying an optimal utilization within this timeframe. Following this peak, minor fluctuations are observed, with the ratio slightly declining to 0.66 by September 2024 before rebounding to 0.69 in December 2024. This slight decrease and subsequent recovery could be attributable to temporary operational adjustments or market conditions affecting asset efficiency.
Overall, the trend indicates a trajectory of improving asset utilization efficiency over the examined period, punctuated by stability at elevated ratios, which is characteristic of a mature company with efficient asset deployment. The consistent performance and relatively narrow fluctuations below and around 0.70 suggest effective management of assets relative to sales generation, supporting a positive assessment of operational leverage and asset management strategies employed by Procter & Gamble.
See also:
Procter & Gamble Company Total Asset Turnover (Quarterly Data)