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General Motors Company (GM) |
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General Motors Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
General Motors Company asset turnover ratio, the ability of General Motors Company's assets to generate revenue in the second quarter 2024, increased sequentially to 0.76 in the second quarter (Jun 30 2024), yet the ratio remained below the average, as GM's position remain challenging.
Within sector 6 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2024 compared to the preceding quarter from 2360 to 2413.
What is Asset Turnover Ratio?
What is General Motors Company Market Share?
Select the Comparisons :
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Select the Ratio:
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GM Asset Turnover Ratio |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
Y / Y Asset Change |
-23.32 % |
-22.37 % |
2.05 % |
7.12 % |
44.29 % |
Y / Y Revenue Change |
7.2 % |
7.58 % |
-0.3 % |
5.35 % |
25.13 % |
Asset Turnover Ratio (TTM) |
0.76 |
0.69 |
0.64 |
0.64 |
0.64 |
GM's Total
Ranking |
# 2413 |
# 2360 |
# 2408 |
# 2691 |
# 218 |
Seq. Asset Change |
2.2 % |
2.22 % |
-3.67 % |
-23.8 % |
3.46 % |
Seq. Revenue Change |
11.52 % |
0.08 % |
-2.61 % |
-1.37 % |
11.91 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
22.64 |
8.88 |
1.62 |
(Sep. 30, 2015) |
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(Dec 31 2021) |
Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2024, within Consumer Discretionary Sector | Asset Turnover Ratio | Revenues for 12 Months ending Jun 30 2024 | Assets at quarter ending Jun 30 2024 | Universal Security Instruments Inc | 2.03 | $ 17.802 Millions | $ 8.777 Millions | Sleep Number Corporation | 1.92 | $ 1,779.684 Millions | $ 926.008 Millions | Avnet Inc | 1.92 | $ 23,796.653 Millions | $ 12,414.501 Millions | Carter s Inc | 1.88 | $ 4,384.795 Millions | $ 2,334.864 Millions | Atmus Filtration Technologies Inc | 1.88 | $ 2,061.500 Millions | $ 1,099.050 Millions | Commercial Vehicle Group Inc | 1.87 | $ 930.257 Millions | $ 497.924 Millions | Mgo Global Inc | 1.84 | $ 5.157 Millions | $ 2.809 Millions | | 1.73 | $ 136.549 Millions | $ 78.980 Millions | Williams sonoma Inc | 1.69 | $ 8,661.634 Millions | $ 5,132.242 Millions | | 1.67 | $ 676.308 Millions | $ 403.954 Millions | Steven Madden Ltd | 1.62 | $ 2,148.380 Millions | $ 1,329.847 Millions | Lear Corp | 1.61 | $ 23,629.200 Millions | $ 14,715.775 Millions | Adient Plc | 1.60 | $ 14,855.000 Millions | $ 9,273.500 Millions | Kontoor Brands Inc | 1.57 | $ 2,562.440 Millions | $ 1,636.311 Millions | Shyft Group Inc | 1.53 | $ 792.467 Millions | $ 517.690 Millions | Lsi Industries Inc | 1.52 | $ 467.342 Millions | $ 306.521 Millions | Garrett Motion Inc | 1.52 | $ 3,710.000 Millions | $ 2,434.000 Millions | Brownie s Marine Group Inc | 1.50 | $ 7.923 Millions | $ 5.265 Millions | Visteon Corp | 1.50 | $ 3,951.000 Millions | $ 2,638.500 Millions | Lululemon Athletica Inc | 1.50 | $ 9,987.355 Millions | $ 6,671.709 Millions | Caleres inc | 1.49 | $ 2,801.023 Millions | $ 1,878.184 Millions | Cooper standard Holdings Inc | 1.49 | $ 2,793.817 Millions | $ 1,878.150 Millions | Yeti Holdings Inc | 1.46 | $ 1,758.597 Millions | $ 1,201.296 Millions | Stoneridge Inc | 1.45 | $ 981.194 Millions | $ 676.584 Millions | Wesco International Inc | 1.44 | $ 21,947.500 Millions | $ 15,219.250 Millions | Power Solutions International Inc | 1.44 | $ 426.385 Millions | $ 296.038 Millions | Arrow Electronics inc | 1.43 | $ 29,673.304 Millions | $ 20,683.793 Millions | Otis Worldwide Corporation | 1.41 | $ 14,181.000 Millions | $ 10,039.000 Millions | | 1.41 | $ 35.032 Millions | $ 24.827 Millions | Modine Manufacturing Co | 1.40 | $ 2,446.300 Millions | $ 1,743.600 Millions |
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