Visteon Corp (VC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,866,000 | 3,954,000 | 3,756,000 | 2,773,000 | 2,548,000 |
| Total assets | US$ in thousands | 2,862,000 | 2,727,000 | 2,450,000 | 2,234,000 | 2,271,000 |
| Total asset turnover | 1.35 | 1.45 | 1.53 | 1.24 | 1.12 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,866,000K ÷ $2,862,000K
= 1.35
The total asset turnover of Visteon Corp has shown a generally increasing trend over the past five years, starting at 1.12 in December 31, 2020, and reaching its peak at 1.53 in December 31, 2022. This indicates that the company is generating more revenue in relation to its total assets. However, there was a slight decline in the total asset turnover to 1.45 in December 31, 2023, followed by a further decrease to 1.35 by December 31, 2024. Despite the recent decrease, the total asset turnover ratio still suggests that Visteon Corp is efficiently utilizing its assets to generate revenue, albeit at a slightly lower rate compared to the peak in 2022.
Peer comparison
Dec 31, 2024