US Foods Holding Corp (USFD)
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 | 37,788,000 | 37,164,000 | 36,440,000 | 35,662,000 | 35,254,000 | 34,840,000 | 34,688,000 | 34,524,000 | 33,806,000 | 32,948,000 | 31,936,000 | 30,778,000 | 29,252,000 | 27,747,000 | 25,692,000 | 22,580,000 | 22,648,000 | 23,445,000 | 24,148,000 | 26,052,000 |
| Total assets | US$ in thousands | 13,436,000 | 13,475,000 | 13,703,000 | 13,390,000 | 13,187,000 | 13,272,000 | 13,029,000 | 13,038,000 | 12,773,000 | 13,242,000 | 13,033,000 | 12,960,000 | 12,521,000 | 13,117,000 | 13,064,000 | 13,000,000 | 12,423,000 | 12,796,000 | 13,529,000 | 11,984,000 |
| Total asset turnover | 2.81 | 2.76 | 2.66 | 2.66 | 2.67 | 2.63 | 2.66 | 2.65 | 2.65 | 2.49 | 2.45 | 2.37 | 2.34 | 2.12 | 1.97 | 1.74 | 1.82 | 1.83 | 1.78 | 2.17 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $37,788,000K ÷ $13,436,000K
= 2.81
The total asset turnover ratio for US Foods Holding Corp has shown a generally increasing trend over the analyzed period, starting at 2.17 in March 2020 and reaching 2.81 by December 2024. This ratio measures the company's ability to generate sales in relation to its total assets, indicating how efficiently the company is utilizing its assets to generate revenue.
The increasing trend in the total asset turnover ratio indicates that US Foods Holding Corp has been able to improve its efficiency in generating sales using its assets over time. A higher total asset turnover ratio suggests that the company is more efficient in utilizing its assets to generate revenue.
Overall, the improving trend in the total asset turnover ratio for US Foods Holding Corp is a positive indication of the company's operational efficiency and effectiveness in utilizing its assets to drive revenue growth. It suggests that the company has been able to enhance its operational processes and optimize asset utilization over the analyzed period.
Peer comparison
Dec 31, 2024