Sylvamo Corp (SLVM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,773,000 | 3,767,000 | 3,699,000 | 3,685,000 | 3,739,000 | 3,702,000 | 3,773,000 | 3,766,000 | 3,784,000 | 3,829,000 | 3,769,000 | 3,552,000 | 3,353,000 | 3,177,000 | 3,007,000 | 3,049,500 | 3,009,000 |
| Total assets | US$ in thousands | 2,604,000 | 2,861,000 | 2,691,000 | 2,797,000 | 2,872,000 | 2,785,000 | 2,823,000 | 2,798,000 | 2,710,000 | 2,797,000 | 2,741,000 | 2,709,000 | 2,597,000 | 2,737,000 | 3,109,000 | — | 2,911,000 |
| Total asset turnover | 1.45 | 1.32 | 1.37 | 1.32 | 1.30 | 1.33 | 1.34 | 1.35 | 1.40 | 1.37 | 1.38 | 1.31 | 1.29 | 1.16 | 0.97 | — | 1.03 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,773,000K ÷ $2,604,000K
= 1.45
Sylvamo Corp's total asset turnover ratio has shown variability over the period from December 31, 2020, to December 31, 2024. The ratio indicates how efficiently the company is utilizing its assets to generate sales revenue.
Initially, as of December 31, 2020, the total asset turnover was 1.03, reflecting that the company generated $1.03 in sales for every $1 of assets it had. During the first half of 2021, data is unavailable.
From June 30, 2021, to December 31, 2021, there was a steady improvement in the total asset turnover ratio from 0.97 to 1.29. This indicates that Sylvamo Corp was becoming more efficient in utilizing its assets to generate sales.
The ratio continued to increase through March 31, 2022, reaching 1.31, and further improved to 1.40 by December 31, 2022. This demonstrates that the company was getting better at generating sales revenue relative to its asset base.
Subsequently, the total asset turnover ratio fluctuated between 1.30 and 1.45 over the period from March 31, 2023, to December 31, 2024. Although there were some fluctuations, the general trend indicated that Sylvamo Corp was efficiently utilizing its assets to drive sales.
Overall, the increasing trend in the total asset turnover ratio suggests that Sylvamo Corp was effectively managing its assets to generate revenue during the period under review.
Peer comparison
Dec 31, 2024