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SW (Smurfit WestRock) Asset Turnover : 0.17 (As of Dec. 2024)


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What is Smurfit WestRock Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Smurfit WestRock's Revenue for the three months ended in Dec. 2024 was $7,539 Mil. Smurfit WestRock's Total Assets for the quarter that ended in Dec. 2024 was $44,394 Mil. Therefore, Smurfit WestRock's Asset Turnover for the quarter that ended in Dec. 2024 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Smurfit WestRock's annualized ROE % for the quarter that ended in Dec. 2024 was 3.31%. It is also linked to ROA % through Du Pont Formula. Smurfit WestRock's annualized ROA % for the quarter that ended in Dec. 2024 was 1.32%.


Smurfit WestRock Asset Turnover Historical Data

The historical data trend for Smurfit WestRock's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Smurfit WestRock Asset Turnover Chart

Smurfit WestRock Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.88 1.01 0.88 0.73

Smurfit WestRock Quarterly Data
Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.20 0.20 0.25 0.17

Competitive Comparison of Smurfit WestRock's Asset Turnover

For the Packaging & Containers subindustry, Smurfit WestRock's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Smurfit WestRock's Asset Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit WestRock's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Smurfit WestRock's Asset Turnover falls into.



Smurfit WestRock Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Smurfit WestRock's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=21109/( (14051+43759)/ 2 )
=21109/28905
=0.73

Smurfit WestRock's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=7539/( (45029+43759)/ 2 )
=7539/44394
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Smurfit WestRock  (NYSE:SW) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Smurfit WestRock's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=584/17662.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(584 / 30156)*(30156 / 44394)*(44394/ 17662.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.94 %*0.6793*2.5135
=ROA %*Equity Multiplier
=1.32 %*2.5135
=3.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Smurfit WestRock's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=584/44394
=(Net Income / Revenue)*(Revenue / Total Assets)
=(584 / 30156)*(30156 / 44394)
=Net Margin %*Asset Turnover
=1.94 %*0.6793
=1.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Smurfit WestRock Asset Turnover Related Terms

Thank you for viewing the detailed overview of Smurfit WestRock's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Smurfit WestRock Business Description

Traded in Other Exchanges
Address
Beech Hill, Clonskeagh, Dublin 4, Dublin, IRL, D04 N2R2
Smurfit WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of Smurfit Kappa and WestRock in summer 2024, Smurfit WestRock became the largest producer of containerboard in the world, with substantial operations in North America, South America, and Europe.