Analysis of Geographic Areas
Colgate-Palmolive Co. operates in 2 regions: United States and International.
Area Asset Turnover
Colgate-Palmolive Co., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 2.31 | 2.73 | 2.73 | 2.43 | — |
| International | 5.43 | 5.28 | 4.82 | 4.70 | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| International | International area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: United States
Colgate-Palmolive Co.; United States; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 5,943) | 5,409) | 5,159) | 4,607) | —) |
| Long-lived assets | 2,569) | 1,981) | 1,889) | 1,895) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.31 | 2.73 | 2.73 | 2.43 | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 5,943 ÷ 2,569 = 2.31
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: International
Colgate-Palmolive Co.; International; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 12,024) | 12,012) | 11,312) | 11,086) | —) |
| Long-lived assets | 2,216) | 2,275) | 2,348) | 2,359) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 5.43 | 5.28 | 4.82 | 4.70 | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 12,024 ÷ 2,216 = 5.43
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net sales
Colgate-Palmolive Co., net sales by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 5,943) | 5,409) | 5,159) | 4,607) | —) |
| International | 12,024) | 12,012) | 11,312) | 11,086) | —) |
| Total | 17,967) | 17,421) | 16,471) | 15,693) | —) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Long-lived assets
Colgate-Palmolive Co., long-lived assets by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 2,569) | 1,981) | 1,889) | 1,895) | —) |
| International | 2,216) | 2,275) | 2,348) | 2,359) | —) |
| Total | 4,785) | 4,256) | 4,237) | 4,254) | —) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).