Sealed Air Corporation (SEE)
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 | 5,392,600 | 5,397,300 | 5,434,000 | 5,469,700 | 5,488,900 | 5,517,300 | 5,535,900 | 5,573,100 | 5,641,900 | 5,767,500 | 5,773,800 | 5,684,300 | 5,533,800 | 5,343,200 | 5,173,700 | 4,996,400 | 4,903,200 | 4,861,200 | 4,842,500 | 4,852,300 |
| Total assets | US$ in thousands | 7,022,100 | 7,321,100 | 7,268,400 | 7,199,300 | 7,200,600 | 7,367,700 | 7,524,400 | 7,356,200 | 6,214,700 | 6,075,100 | 6,105,400 | 6,117,000 | 6,229,300 | 6,159,800 | 6,006,600 | 5,918,700 | 6,083,800 | 5,828,200 | 5,756,300 | 5,671,000 |
| Total asset turnover | 0.77 | 0.74 | 0.75 | 0.76 | 0.76 | 0.75 | 0.74 | 0.76 | 0.91 | 0.95 | 0.95 | 0.93 | 0.89 | 0.87 | 0.86 | 0.84 | 0.81 | 0.83 | 0.84 | 0.86 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,392,600K ÷ $7,022,100K
= 0.77
Sealed Air Corporation's total asset turnover ratio has exhibited some fluctuation over the period provided. The total asset turnover ratio measures the efficiency with which the company utilizes its assets to generate revenue.
From March 31, 2020, to December 31, 2021, the ratio showed a decreasing trend from 0.86 to 0.81, indicating a decline in the company's ability to generate sales relative to its asset base. However, from March 31, 2022, to June 30, 2024, the total asset turnover ratio improved steadily, reaching a peak of 0.95 by September 30, 2022, and maintaining a relatively high level by the end of 2024.
The ratio's increase in the latter part of the period suggests that Sealed Air Corporation improved its efficiency in utilizing assets to generate revenue. A higher total asset turnover ratio generally indicates better asset utilization and operational efficiency. However, the ratio's decline in the earlier years could be a signal of decreased asset productivity during that period.
Overall, the trend in Sealed Air Corporation's total asset turnover ratio reflects fluctuations in the company's asset efficiency, potentially influenced by changes in operations, investments, or market conditions. Investors and stakeholders may consider monitoring this ratio to assess the company's ability to maximize revenue generation from its asset base effectively.
Peer comparison
Dec 31, 2024