Yum! Brands Inc (YUM)
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 | 7,549,000 | 7,223,000 | 7,105,000 | 7,029,000 | 7,076,000 | 7,059,000 | 6,991,000 | 6,940,000 | 6,842,000 | 6,713,000 | 6,679,000 | 6,645,000 | 6,584,000 | 6,437,000 | 6,279,000 | 5,875,000 | 5,652,000 | 5,603,000 | 5,494,000 | 5,606,000 |
| Total assets | US$ in thousands | 6,727,000 | 6,461,000 | 6,395,000 | 6,224,000 | 6,231,000 | 6,071,000 | 5,848,000 | 5,749,000 | 5,846,000 | 5,779,000 | 5,790,000 | 5,816,000 | 5,966,000 | 6,419,000 | 5,649,000 | 5,550,000 | 5,852,000 | 6,061,000 | 6,421,000 | 6,085,000 |
| Total asset turnover | 1.12 | 1.12 | 1.11 | 1.13 | 1.14 | 1.16 | 1.20 | 1.21 | 1.17 | 1.16 | 1.15 | 1.14 | 1.10 | 1.00 | 1.11 | 1.06 | 0.97 | 0.92 | 0.86 | 0.92 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,549,000K ÷ $6,727,000K
= 1.12
The total asset turnover of Yum! Brands Inc has been showing a positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The ratio increased steadily from 0.92 in March 2020 to 1.12 by December 2024. This indicates that the company has been effectively utilizing its assets to generate revenue.
The uptrend in the total asset turnover ratio suggests that Yum! Brands is efficiently managing its assets to generate sales, indicating effective asset utilization. A higher total asset turnover ratio implies that the company is generating more revenue per dollar of assets invested, which is a positive indicator of operational efficiency.
Overall, the improving trend in total asset turnover for Yum! Brands Inc reflects well on the company's operational performance and efficiency in generating sales revenue relative to its asset base over the analyzed period.
Peer comparison
Dec 31, 2024