Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Sherwin-Williams Co. net fixed asset turnover ratio deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Sherwin-Williams Co. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Sherwin-Williams Co. total asset turnover ratio deteriorated from Q4 2021 to Q1 2022 but then slightly improved from Q1 2022 to Q2 2022. |
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Sherwin-Williams Co. equity turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Net Fixed Asset Turnover
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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
Net sales | 5,872,300) | 4,998,700) | 4,762,100) | 5,146,700) | 5,379,800) | 4,656,000) | 4,488,800) | 5,122,200) | 4,604,000) | 4,146,700) | 4,114,429) | 4,867,650) | 4,877,860) | 4,040,861) | 4,064,221) | 4,731,470) | 4,773,796) | 3,965,006) | 3,979,564) | 4,507,020) | 3,735,817) | 2,761,387) | |||||||
Property, plant and equipment, net | 1,961,900) | 1,907,300) | 1,867,300) | 1,827,200) | 1,806,300) | 1,780,400) | 1,834,500) | 1,780,000) | 1,798,600) | 1,829,500) | 1,835,200) | 1,798,301) | 1,773,586) | 1,762,998) | 1,776,839) | 1,766,354) | 1,776,378) | 1,840,005) | 1,877,115) | 1,895,549) | 1,889,917) | 1,063,095) | |||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||
Net fixed asset turnover1 | 10.59 | 10.64 | 10.68 | 10.77 | 10.88 | 10.60 | 10.01 | 10.11 | 9.86 | 9.84 | 9.75 | 9.93 | 9.99 | 9.99 | 9.87 | 9.88 | 9.70 | 8.80 | 7.98 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||
Linde plc | 1.36 | 1.24 | 1.18 | 1.14 | 1.08 | 1.03 | 0.95 | 0.97 | 0.98 | 1.02 | 0.97 | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Net fixed asset turnover
= (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
÷ Property, plant and equipment, net
= (5,872,300 + 4,998,700 + 4,762,100 + 5,146,700)
÷ 1,961,900 = 10.59
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Sherwin-Williams Co. net fixed asset turnover ratio deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Sherwin-Williams Co., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= (5,872,300 + 4,998,700 + 4,762,100 + 5,146,700)
÷ 3,804,300 = 5.46
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Sherwin-Williams Co. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Total Asset Turnover
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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
Net sales | 5,872,300) | 4,998,700) | 4,762,100) | 5,146,700) | 5,379,800) | 4,656,000) | 4,488,800) | 5,122,200) | 4,604,000) | 4,146,700) | 4,114,429) | 4,867,650) | 4,877,860) | 4,040,861) | 4,064,221) | 4,731,470) | 4,773,796) | 3,965,006) | 3,979,564) | 4,507,020) | 3,735,817) | 2,761,387) | |||||||
Total assets | 22,052,800) | 21,730,400) | 20,666,700) | 20,736,600) | 20,519,600) | 20,435,000) | 20,401,600) | 20,809,700) | 20,494,500) | 20,570,300) | 20,496,200) | 20,864,339) | 21,186,136) | 20,961,641) | 19,134,279) | 19,980,696) | 20,154,732) | 20,367,686) | 19,958,427) | 20,779,657) | 20,717,398) | 6,988,903) | |||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||
Total asset turnover1 | 0.94 | 0.93 | 0.97 | 0.95 | 0.96 | 0.92 | 0.90 | 0.86 | 0.87 | 0.88 | 0.87 | 0.86 | 0.84 | 0.84 | 0.92 | 0.87 | 0.85 | 0.79 | 0.75 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||
Linde plc | 0.42 | 0.38 | 0.38 | 0.35 | 0.34 | 0.33 | 0.31 | 0.31 | 0.32 | 0.33 | 0.33 | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Total asset turnover
= (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
÷ Total assets
= (5,872,300 + 4,998,700 + 4,762,100 + 5,146,700)
÷ 22,052,800 = 0.94
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Sherwin-Williams Co. total asset turnover ratio deteriorated from Q4 2021 to Q1 2022 but then slightly improved from Q1 2022 to Q2 2022. |
Equity Turnover
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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
Net sales | 5,872,300) | 4,998,700) | 4,762,100) | 5,146,700) | 5,379,800) | 4,656,000) | 4,488,800) | 5,122,200) | 4,604,000) | 4,146,700) | 4,114,429) | 4,867,650) | 4,877,860) | 4,040,861) | 4,064,221) | 4,731,470) | 4,773,796) | 3,965,006) | 3,979,564) | 4,507,020) | 3,735,817) | 2,761,387) | |||||||
Shareholders’ equity | 2,224,600) | 2,234,300) | 2,437,200) | 2,690,300) | 2,840,400) | 3,078,700) | 3,610,800) | 4,207,300) | 3,869,900) | 3,289,100) | 4,123,300) | 4,022,860) | 3,747,482) | 3,460,061) | 3,730,745) | 3,974,839) | 3,747,089) | 3,690,046) | 3,692,188) | 2,740,989) | 2,391,260) | 2,065,350) | |||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||
Equity turnover1 | 9.34 | 9.08 | 8.18 | 7.31 | 6.92 | 6.13 | 5.09 | 4.28 | 4.58 | 5.47 | 4.34 | 4.44 | 4.73 | 5.09 | 4.70 | 4.39 | 4.60 | 4.39 | 4.06 | — | — | — | |||||||
Benchmarks | |||||||||||||||||||||||||||||
Equity Turnover, Competitors2 | |||||||||||||||||||||||||||||
Linde plc | 0.82 | 0.74 | 0.70 | 0.67 | 0.63 | 0.60 | 0.58 | 0.59 | 0.60 | 0.63 | 0.58 | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Equity turnover
= (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
÷ Shareholders’ equity
= (5,872,300 + 4,998,700 + 4,762,100 + 5,146,700)
÷ 2,224,600 = 9.34
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Sherwin-Williams Co. equity turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |