Sylvamo Corp (SLVM)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,773,000 | 3,721,000 | 3,628,000 | 3,502,000 | 3,009,000 |
| Total assets | US$ in thousands | 2,604,000 | 2,872,000 | 2,710,000 | 2,597,000 | 2,911,000 |
| Total asset turnover | 1.45 | 1.30 | 1.34 | 1.35 | 1.03 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,773,000K ÷ $2,604,000K
= 1.45
Sylvamo Corp's total asset turnover has shown a positive trend over the past five years. It increased from 1.03 in December 2020 to 1.45 in December 2024. This signifies that the company is generating more revenue relative to its total assets, indicating improved efficiency in asset utilization. The peak value of 1.45 in 2024 suggests that Sylvamo Corp has been successful in maximizing its revenue generation from its assets. However, a slight dip to 1.30 in 2023 may indicate a temporary decrease in asset efficiency during that period. Overall, the upward trend in total asset turnover reflects positively on Sylvamo Corp's ability to generate sales from its asset base.
Peer comparison
Dec 31, 2024