Smurfit WestRock plc (SW)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 23,877,500 | 21,680,480 | 16,924,480 | 17,290,730 | 21,079,510 | 22,711,780 | 26,096,490 | 25,427,580 | 24,019,550 | 21,674,780 |
| Total assets | US$ in thousands | 43,759,000 | 45,029,000 | 25 | 0 | 12,628,000 | — | 12,434,000 | 12,482,000 | — | — |
| Total asset turnover | 0.55 | 0.48 | 676,979.20 | — | 1.67 | — | 2.10 | 2.04 | — | — |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $23,877,500K ÷ $43,759,000K
= 0.55
The total asset turnover ratio for Smurfit WestRock plc has shown fluctuation over the provided periods. The ratio was not available or not applicable for some periods. For the periods with available data, the total asset turnover ratio was 2.04 and 2.10 for December 31, 2022, and June 30, 2023, respectively.
However, the ratio saw a significant anomaly on June 30, 2024, where it spiked to an exceptionally high value of 676,979.20. This could be due to data reporting errors or exceptional circumstances affecting the company's operations or financial reporting.
Subsequently, the ratio declined to 0.48 and 0.55 for September 30, 2024, and December 31, 2024, respectively. Lower total asset turnover ratios indicate that the company generated less revenue per dollar of total assets during these periods, which could suggest less efficiency in asset utilization or potential challenges in generating revenue from its asset base. The extreme fluctuations in the total asset turnover ratios should be further investigated to understand the underlying reasons and their implications for the company's operational performance and financial health.
Peer comparison
Dec 31, 2024