Tempur Sealy International Inc (TPX)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 | 2,910,800 | 2,819,300 | 2,766,200 |
| Total assets | US$ in thousands | 4,553,900 | 4,546,100 | 4,570,800 | 4,537,100 | 4,359,800 | 4,351,700 | 4,404,400 | 4,321,900 | 4,323,400 | 4,467,300 | 3,277,600 | 3,542,100 | 3,308,600 | 3,455,400 | 3,201,900 | 3,306,200 | 3,061,800 | 3,103,100 | 3,046,700 | 2,965,700 |
| Total asset turnover | 1.08 | 1.09 | 1.08 | 1.08 | 1.13 | 1.17 | 1.17 | 1.19 | 1.14 | 1.04 | 1.34 | 1.10 | 1.11 | 1.01 | 0.99 | 0.98 | 1.01 | 0.94 | 0.93 | 0.93 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,925,400K ÷ $4,553,900K
= 1.08
Tempur Sealy International Inc's total asset turnover has exhibited stability in recent quarters, ranging between 1.08 and 1.19. The ratios suggest that the company generates revenue efficiently in relation to its total assets, with higher values indicating more effective utilization of assets to generate sales. The slight fluctuations observed over the quarters may reflect variations in the company's operations or market conditions. Overall, the consistent level of total asset turnover indicates that Tempur Sealy International Inc is effectively managing its assets to generate sales revenue.
Peer comparison
Dec 31, 2023