Post Holdings Inc (POST)
Total asset turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,922,700 | 7,858,000 | 7,769,700 | 7,390,600 | 6,991,000 | 6,624,700 | 6,290,200 | 6,080,000 | 5,851,200 | 5,628,000 | 5,350,600 | 5,142,400 | 5,262,900 | 5,318,300 | 5,407,200 | 5,699,900 | 5,698,700 | 5,730,200 | 5,833,000 | 5,726,600 |
| Total assets | US$ in thousands | 12,854,200 | 12,128,500 | 12,191,100 | 12,072,400 | 11,646,700 | 11,886,900 | 11,316,800 | 11,355,000 | 11,308,000 | 11,560,200 | 11,830,700 | 12,612,900 | 12,414,700 | 12,562,400 | 12,141,000 | 12,140,300 | 12,146,700 | 11,927,700 | 12,237,600 | 11,943,500 |
| Total asset turnover | 0.62 | 0.65 | 0.64 | 0.61 | 0.60 | 0.56 | 0.56 | 0.54 | 0.52 | 0.49 | 0.45 | 0.41 | 0.42 | 0.42 | 0.45 | 0.47 | 0.47 | 0.48 | 0.48 | 0.48 |
September 30, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,922,700K ÷ $12,854,200K
= 0.62
The total asset turnover ratio for Post Holdings Inc has shown a general trend of improvement over the past few quarters. The ratio has gradually increased from 0.42 in December 2021 to 0.62 in September 2024. This suggests that the company has been able to generate more revenue for each dollar of assets it holds.
A total asset turnover ratio of 0.62 in September 2024 means that for every dollar of assets the company has, it generated $0.62 in revenue during that period. This indicates effective utilization of assets to generate sales.
The steady increase in the total asset turnover ratio over the quarters reflects improved efficiency in managing the company's assets to generate revenue. It shows that Post Holdings Inc has been effectively leveraging its assets to drive sales growth.
Overall, the trend in the total asset turnover ratio for Post Holdings Inc indicates positive performance in terms of asset management and revenue generation, reflecting improved operational efficiency and effectiveness in utilizing assets to drive business growth.
Peer comparison
Sep 30, 2024