Total Asset Turnover
since 2011
Calculation
LyondellBasell Industries N.V., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Sales and other operating revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2018 | 1.38 | = | 39,004) | ÷ | 28,278) |
| Dec 31, 2017 | 1.32 | = | 34,484) | ÷ | 26,206) |
| Dec 31, 2016 | 1.24 | = | 29,183) | ÷ | 23,442) |
| Dec 31, 2015 | 1.44 | = | 32,735) | ÷ | 22,757) |
| Dec 31, 2014 | 1.88 | = | 45,608) | ÷ | 24,283) |
| Dec 31, 2013 | 1.61 | = | 44,062) | ÷ | 27,298) |
| Dec 31, 2012 | 1.87 | = | 45,352) | ÷ | 24,220) |
| Dec 31, 2011 | 2.23 | = | 51,035) | ÷ | 22,839) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$ in millions
- Sales and Other Operating Revenues
- There is a noticeable decline in sales from 2011 to 2016, with revenues decreasing from approximately 51,035 million US dollars to 29,183 million US dollars. This represents a significant contraction in sales activity over this period. However, from 2016 onwards, revenues exhibit a recovery trend, rising steadily to reach around 39,004 million US dollars by the end of 2018.
- Total Assets
- Total assets show a moderate upward trend from 2011 through 2018. Starting at 22,839 million US dollars in 2011, total assets increase somewhat unevenly but consistently over the years, culminating at 28,278 million US dollars in 2018. This suggests investment or asset growth despite earlier challenges in sales revenues.
- Total Asset Turnover
- The total asset turnover ratio, which measures how efficiently the company uses its assets to generate sales, exhibits a declining trend from 2011 to 2016. It falls from 2.23 in 2011 to 1.24 in 2016, indicating decreasing efficiency in asset utilization during that time. After 2016, there is a gradual improvement in asset turnover, rising to 1.38 by 2018, yet it does not return to the higher levels observed in the earlier years.
- Summary of Trends and Insights
- The period from 2011 to 2016 is characterized by declining sales and diminishing efficiency in the use of assets, as reflected by the decreasing asset turnover ratio. Despite this, total assets increased moderately, suggesting that asset growth was not matched by proportional sales growth. From 2016 to 2018, the company appears to undergo a phase of recovery, with sales revenues increasing and asset turnover beginning to improve, although the efficiency remains below earlier peak levels. This indicates a partial restoration of operational performance but also highlights areas where further improvement in asset utilization could be beneficial.
Comparison to Competitors
LyondellBasell Industries N.V., total asset turnover, long-term trends, comparison to competitors
| LyondellBasell Industries N.V. | Linde plc | Sherwin-Williams Co. | |
|---|---|---|---|
| Dec 31, 2018 | 1.38 | 0.16 | 0.92 |
| Dec 31, 2017 | 1.32 | 0.56 | 0.75 |
| Dec 31, 2016 | 1.24 | 0.54 | 1.76 |
| Dec 31, 2015 | 1.44 | 0.59 | 1.96 |
| Dec 31, 2014 | 1.88 | 0.62 | 1.95 |
| Dec 31, 2013 | 1.61 | 0.59 | 1.60 |
| Dec 31, 2012 | 1.87 | 0.62 | 1.53 |
| Dec 31, 2011 | 2.23 | 0.69 | 1.68 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Chemicals)
LyondellBasell Industries N.V., total asset turnover, long-term trends, comparison to sector (chemicals)
| LyondellBasell Industries N.V. | Chemicals | |
|---|---|---|
| Dec 31, 2018 | 1.38 | 0.29 |
| Dec 31, 2017 | 1.32 | 0.65 |
| Dec 31, 2016 | 1.24 | 0.86 |
| Dec 31, 2015 | 1.44 | 0.92 |
| Dec 31, 2014 | 1.88 | 0.92 |
| Dec 31, 2013 | 1.61 | 0.83 |
| Dec 31, 2012 | 1.87 | 0.85 |
| Dec 31, 2011 | 2.23 | 0.93 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Materials)
LyondellBasell Industries N.V., total asset turnover, long-term trends, comparison to industry (materials)
| LyondellBasell Industries N.V. | Materials | |
|---|---|---|
| Dec 31, 2018 | 1.38 | 0.33 |
| Dec 31, 2017 | 1.32 | 0.55 |
| Dec 31, 2016 | 1.24 | 0.59 |
| Dec 31, 2015 | 1.44 | 0.54 |
| Dec 31, 2014 | 1.88 | 0.53 |
| Dec 31, 2013 | 1.61 | 0.48 |
| Dec 31, 2012 | 1.87 | 0.65 |
| Dec 31, 2011 | 2.23 | 0.76 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).