Xylem Inc (XYL)
Total asset turnover
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,511,000 | 8,331,000 | 7,949,000 | 7,364,000 | 6,752,000 | 6,056,000 | 5,698,000 | 5,522,000 | 5,339,000 | 5,224,000 | 5,211,000 | 5,195,000 | 5,245,000 | 5,200,000 | 5,009,000 | 4,876,000 | 4,874,000 | 4,950,000 | 5,135,000 | 5,249,000 |
| Total assets | US$ in thousands | 16,493,000 | 16,046,000 | 15,924,000 | 16,112,000 | 15,905,000 | 16,097,000 | 7,940,000 | 7,952,000 | 8,106,000 | 8,189,000 | 8,219,000 | 8,276,000 | 8,151,000 | 8,785,000 | 8,545,000 | 8,750,000 | 8,448,000 | 8,444,000 | 7,591,000 | 7,710,000 |
| Total asset turnover | 0.52 | 0.52 | 0.50 | 0.46 | 0.42 | 0.38 | 0.72 | 0.69 | 0.66 | 0.64 | 0.63 | 0.63 | 0.64 | 0.59 | 0.59 | 0.56 | 0.58 | 0.59 | 0.68 | 0.68 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $8,511,000K ÷ $16,493,000K
= 0.52
The total asset turnover ratio for Xylem Inc has shown some fluctuations over the years. It stood at 0.68 at the beginning of 2019 and remained relatively stable until mid-2020, where it decreased to 0.59. Subsequently, there was a slight decline in the ratio to 0.56 by the end of 2020.
From the first quarter of 2021 to the second quarter of 2022, the total asset turnover ratio remained consistent around 0.59 to 0.64. However, by the end of 2022, there was an improvement in the ratio to 0.69, followed by further increases in the subsequent quarters.
The ratio saw a significant drop to 0.38 in the second quarter of 2023, but gradually recovered in the following periods to 0.52 by the end of 2024. Overall, the total asset turnover ratio of Xylem Inc indicates the company's ability to generate sales in relation to its total assets, with fluctuations observed over the years.
Peer comparison
Dec 31, 2024