Whirlpool Corporation (WHR)
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 | 18,998,000 | 17,159,000 | 17,116,000 | 17,137,000 | 17,721,000 | 20,158,000 | 20,845,000 | 21,538,000 | 21,915,000 | 21,939,000 | 21,757,000 | 20,351,000 | 19,321,000 | 18,905,000 | 19,220,000 | 20,282,000 | 20,708,000 | 20,986,000 | 20,698,000 | 20,736,000 |
| Total assets | US$ in thousands | 17,312,000 | 16,889,000 | 16,981,000 | 16,864,000 | 17,124,000 | 17,511,000 | 18,352,000 | 19,487,000 | 20,285,000 | 20,394,000 | 20,081,000 | 20,338,000 | 20,436,000 | 20,359,000 | 18,676,000 | 20,338,000 | 18,973,000 | 18,406,000 | 19,855,000 | 19,686,000 |
| Total asset turnover | 1.10 | 1.02 | 1.01 | 1.02 | 1.03 | 1.15 | 1.14 | 1.11 | 1.08 | 1.08 | 1.08 | 1.00 | 0.95 | 0.93 | 1.03 | 1.00 | 1.09 | 1.14 | 1.04 | 1.05 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $18,998,000K ÷ $17,312,000K
= 1.10
Whirlpool Corp.'s total asset turnover has shown relatively stable performance over the past eight quarters, ranging from 1.11 to 1.18. This ratio indicates that, on average, Whirlpool is generating $1.12 to $1.18 in revenue for every dollar of assets the company holds. A total asset turnover above 1 suggests that Whirlpool is efficiently utilizing its assets to generate sales revenue. The slight fluctuations in the ratio may be influenced by various factors such as changes in the company's sales volume or asset base. Overall, Whirlpool's consistent total asset turnover indicates effective asset management and operational efficiency.
Peer comparison
Dec 31, 2023