Post Holdings Inc (POST)
Total asset turnover
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 5,681,100 | 5,868,200 | 6,037,100 |
| Total assets | US$ in thousands | 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 | 11,951,600 | 11,397,900 | 11,282,800 |
| Total asset turnover | 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 | 0.48 | 0.51 | 0.54 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,390,600K ÷ $12,072,400K
= 0.61
Post Holdings Inc's total asset turnover has been relatively stable over the past eight quarters, ranging between 0.51 and 0.61. This ratio indicates the company's ability to generate sales revenue from its total assets. A higher total asset turnover ratio suggests that the company is more efficient in using its assets to generate revenue.
The increasing trend in the total asset turnover ratio from Q1 2023 to Q1 2024 indicates an improvement in efficiency in utilizing assets to generate revenue. Despite some fluctuations, the ratio has generally remained above 0.50, indicating that Post Holdings Inc is effectively utilizing its assets to generate sales.
Overall, the company's total asset turnover appears to be healthy, with a consistent performance over the past eight quarters. Investors and analysts may view this trend positively as it indicates efficient asset utilization in generating sales revenue.
Peer comparison
Dec 31, 2023