Simpson Manufacturing Company Inc (SSD)
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 | 2,231,253 | 2,210,675 | 2,203,597 | 2,204,118 | 2,207,715 | 2,177,144 | 2,150,806 | 2,146,344 | 2,106,837 | 2,054,135 | 1,897,115 | 1,714,148 | 1,566,618 | 1,445,325 | 1,412,952 | 1,328,784 | 1,265,192 | 1,242,584 | 1,188,145 | 1,167,566 |
| Total assets | US$ in thousands | 2,736,170 | 2,897,460 | 2,773,360 | 2,721,950 | 2,704,720 | 2,815,490 | 2,719,350 | 2,555,630 | 2,503,970 | 2,504,260 | 2,485,470 | 2,280,350 | 1,484,120 | 1,422,070 | 1,373,970 | 1,294,730 | 1,232,570 | 1,277,860 | 1,284,500 | 1,198,250 |
| Total asset turnover | 0.82 | 0.76 | 0.79 | 0.81 | 0.82 | 0.77 | 0.79 | 0.84 | 0.84 | 0.82 | 0.76 | 0.75 | 1.06 | 1.02 | 1.03 | 1.03 | 1.03 | 0.97 | 0.92 | 0.97 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,231,253K ÷ $2,736,170K
= 0.82
The total asset turnover of Simpson Manufacturing Company Inc has exhibited fluctuations over the periods provided. The ratio, which measures the efficiency of the company in generating sales from its assets, started at 0.97 in March 2020, slightly decreased to 0.92 in June 2020, before rising again to 1.03 by December 2020. The ratio remained relatively stable around the 1.03 mark from March 2021 to September 2021. There was a slight increase to 1.06 by December 2021, indicating an improvement in asset utilization.
However, from March 2022 to June 2024, the total asset turnover started to decline, reaching a low of 0.76 in June 2022, before recovering slightly to 0.82 by December 2024. This downward trend suggests a decrease in the efficiency of the company in generating sales from its assets during these periods. Overall, it is important for Simpson Manufacturing Company Inc to closely monitor and analyze the factors influencing its total asset turnover to ensure optimal utilization of its assets in generating revenues.
Peer comparison
Dec 31, 2024