Total Asset Turnover
since 2005
Calculation
Monsanto Co., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net sales1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Aug 31, 2017 | 0.69 | = | 14,640) | ÷ | 21,333) |
| Aug 31, 2016 | 0.68 | = | 13,502) | ÷ | 19,736) |
| Aug 31, 2015 | 0.68 | = | 15,001) | ÷ | 21,920) |
| Aug 31, 2014 | 0.72 | = | 15,855) | ÷ | 21,981) |
| Aug 31, 2013 | 0.72 | = | 14,861) | ÷ | 20,664) |
| Aug 31, 2012 | 0.67 | = | 13,504) | ÷ | 20,224) |
| Aug 31, 2011 | 0.60 | = | 11,822) | ÷ | 19,844) |
| Aug 31, 2010 | 0.59 | = | 10,502) | ÷ | 17,867) |
| Aug 31, 2009 | 0.66 | = | 11,724) | ÷ | 17,877) |
| Aug 31, 2008 | 0.63 | = | 11,365) | ÷ | 17,991) |
| Aug 31, 2007 | 0.66 | = | 8,563) | ÷ | 12,983) |
| Aug 31, 2006 | 0.63 | = | 7,344) | ÷ | 11,728) |
| Aug 31, 2005 | 0.59 | = | 6,294) | ÷ | 10,579) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
1 US$ in millions
The financial trajectory between 2005 and 2017 is characterized by a substantial expansion in both revenue generation and the asset base, with a general trend toward improved asset utilization efficiency over the long term.
- Revenue and Asset Expansion
- Net sales experienced significant growth, rising from 6,294 million US$ in 2005 to 14,640 million US$ by 2017. This growth was mirrored by an increase in total assets, which grew from 10,579 million US$ to 21,333 million US$ over the same period. A notable surge in total assets occurred between 2007 and 2008, where assets increased by approximately 38%, temporarily outpacing the growth in net sales.
- Total Asset Turnover Trends
- The total asset turnover ratio exhibited a gradual upward trend, starting at 0.59 in 2005 and ending at 0.69 in 2017. The ratio reached its peak efficiency of 0.72 in 2013 and 2014, indicating that the organization achieved its highest level of revenue generation per dollar of assets during this two-year window.
- Efficiency Volatility and Recovery
- Periodic fluctuations in asset turnover are observable. A decline to 0.59 occurred in 2010, driven by a contraction in net sales to 10,502 million US$ while the asset base remained relatively static. Following this trough, a consistent recovery phase began, with the turnover ratio improving steadily from 2011 through 2014. In the final three years of the period, the ratio stabilized between 0.68 and 0.69, suggesting a consistent level of operational efficiency despite fluctuations in total asset values.
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Comparison to Competitors
Monsanto Co., total asset turnover, long-term trends, comparison to competitors
| Monsanto Co. | lululemon athletica inc. | Nike Inc. | |
|---|---|---|---|
| Aug 31, 2017 | 0.69 | 1.41 | 1.48 |
| Aug 31, 2016 | 0.68 | 1.57 | 1.51 |
| Aug 31, 2015 | 0.68 | 1.39 | 1.42 |
| Aug 31, 2014 | 0.72 | 1.27 | 1.50 |
| Aug 31, 2013 | 0.72 | 1.30 | 1.44 |
| Aug 31, 2012 | 0.67 | 1.36 | 1.56 |
| Aug 31, 2011 | 0.60 | 1.43 | 1.39 |
| Aug 31, 2010 | 0.59 | 1.47 | 1.32 |
| Aug 31, 2009 | 0.66 | 1.67 | 1.45 |
| Aug 31, 2008 | 0.63 | 1.77 | 1.50 |
| Aug 31, 2007 | 0.66 | — | 1.53 |
| Aug 31, 2006 | 0.63 | — | 1.52 |
| Aug 31, 2005 | 0.59 | — | 1.56 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Sector (Consumer Durables & Apparel)
Monsanto Co., total asset turnover, long-term trends, comparison to sector (consumer durables & apparel)
| Monsanto Co. | Consumer Durables & Apparel | |
|---|---|---|
| Aug 31, 2017 | 0.69 | 1.47 |
| Aug 31, 2016 | 0.68 | 1.52 |
| Aug 31, 2015 | 0.68 | 1.42 |
| Aug 31, 2014 | 0.72 | 1.48 |
| Aug 31, 2013 | 0.72 | 1.43 |
| Aug 31, 2012 | 0.67 | 1.55 |
| Aug 31, 2011 | 0.60 | 1.39 |
| Aug 31, 2010 | 0.59 | 1.32 |
| Aug 31, 2009 | 0.66 | 1.45 |
| Aug 31, 2008 | 0.63 | 1.50 |
| Aug 31, 2007 | 0.66 | 1.53 |
| Aug 31, 2006 | 0.63 | 1.52 |
| Aug 31, 2005 | 0.59 | 1.56 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).
Comparison to Industry (Consumer Discretionary)
Monsanto Co., total asset turnover, long-term trends, comparison to industry (consumer discretionary)
| Monsanto Co. | Consumer Discretionary | |
|---|---|---|
| Aug 31, 2017 | 0.69 | 0.93 |
| Aug 31, 2016 | 0.68 | 0.96 |
| Aug 31, 2015 | 0.68 | 0.98 |
| Aug 31, 2014 | 0.72 | 1.02 |
| Aug 31, 2013 | 0.72 | 1.04 |
| Aug 31, 2012 | 0.67 | 1.06 |
| Aug 31, 2011 | 0.60 | 1.08 |
| Aug 31, 2010 | 0.59 | 1.04 |
| Aug 31, 2009 | 0.66 | 0.94 |
| Aug 31, 2008 | 0.63 | 0.96 |
| Aug 31, 2007 | 0.66 | 0.88 |
| Aug 31, 2006 | 0.63 | 0.82 |
| Aug 31, 2005 | 0.59 | 0.85 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).