Visteon Corp (VC)
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 | 3,866,000 | 3,917,000 | 3,951,000 | 3,920,000 | 3,954,000 | 4,028,000 | 4,040,000 | 3,905,000 | 3,756,000 | 3,478,000 | 3,083,000 | 2,845,000 | 2,773,000 | 2,774,000 | 2,890,000 | 2,651,000 | 2,548,000 | 2,505,000 | 2,489,000 | 2,851,000 |
| Total assets | US$ in thousands | 2,862,000 | 2,893,000 | 2,731,000 | 2,739,000 | 2,727,000 | 2,357,000 | 2,321,000 | 2,405,000 | 2,450,000 | 2,326,000 | 2,146,000 | 2,243,000 | 2,234,000 | 2,060,000 | 2,122,000 | 2,171,000 | 2,271,000 | 2,164,000 | 2,320,000 | 2,488,000 |
| Total asset turnover | 1.35 | 1.35 | 1.45 | 1.43 | 1.45 | 1.71 | 1.74 | 1.62 | 1.53 | 1.50 | 1.44 | 1.27 | 1.24 | 1.35 | 1.36 | 1.22 | 1.12 | 1.16 | 1.07 | 1.15 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,866,000K ÷ $2,862,000K
= 1.35
The total asset turnover ratio measures a company's efficiency in generating sales revenue from its assets. A higher total asset turnover ratio implies that the company is utilizing its assets more effectively to generate sales.
Based on the data provided for Visteon Corp over the period from March 31, 2020, to December 31, 2024, we observe fluctuations in the total asset turnover ratio. The ratio ranged from a low of 1.07 in June 30, 2020, to a high of 1.74 in June 30, 2023.
From March 31, 2020, to March 31, 2024, there was a general increasing trend in the total asset turnover ratio, indicating improvements in the company's efficiency in utilizing its assets to generate sales. Noteworthy spikes in the ratio occurred from March 31, 2021, to June 30, 2021, when it increased from 1.12 to 1.36, and then further to 1.50 by September 30, 2022.
However, there was a decline in the ratio towards the end of the period, with a decrease from 1.74 in June 30, 2023, to 1.35 in December 31, 2024.
Overall, Visteon Corp showed variations in total asset turnover over the analyzed period, with some periods of significant improvement in asset utilization efficiency, although a slight decreasing trend was observed towards the end of the period.
Peer comparison
Dec 31, 2024