Treehouse Foods Inc (THS)
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 | 3,354,000 | 3,359,100 | 3,383,300 | 3,398,300 | 3,431,600 | 3,517,000 | 3,486,600 | 3,493,300 | 3,411,900 | 3,581,600 | 3,500,400 | 3,693,400 | 3,978,100 | 3,989,400 | 4,283,400 | 4,322,100 | 4,349,700 | 4,312,000 | 4,323,600 | 4,307,000 |
| Total assets | US$ in thousands | 3,980,000 | 3,969,400 | 3,905,000 | 3,961,600 | 4,106,600 | 4,318,500 | 4,380,400 | 4,254,000 | 4,253,900 | 5,188,100 | 5,267,400 | 5,228,200 | 5,207,000 | 5,082,300 | 5,081,400 | 5,142,500 | 5,485,700 | 5,385,900 | 5,242,000 | 5,271,000 |
| Total asset turnover | 0.84 | 0.85 | 0.87 | 0.86 | 0.84 | 0.81 | 0.80 | 0.82 | 0.80 | 0.69 | 0.66 | 0.71 | 0.76 | 0.78 | 0.84 | 0.84 | 0.79 | 0.80 | 0.82 | 0.82 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,354,000K ÷ $3,980,000K
= 0.84
Treehouse Foods Inc's total asset turnover has fluctuated over the period from March 31, 2020, to December 31, 2024. The total asset turnover ratio measures how efficiently the company is generating sales from its assets. The data indicates that the company's total asset turnover ranged from a low of 0.66 on June 30, 2022, to a high of 0.87 on June 30, 2024.
A declining trend can be observed from the first half of 2022 through the end of 2022, indicating a decrease in the efficiency of utilizing assets to generate sales. However, from March 31, 2023, onwards, the total asset turnover showed an improving trend, with the ratio reaching 0.87 by June 30, 2024.
Analyzing the changes in total asset turnover can help stakeholders assess the company's operational efficiency and effectiveness in utilizing its assets to drive revenue growth. Further investigation into the factors influencing these fluctuations could provide valuable insights into the company's performance and strategies for improving asset productivity.
Peer comparison
Dec 31, 2024