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[LUV] Southwest Airlines Co. - Asset Turnover
Data updated 2024-Mar-23 (Saturday)Note: Detailed Statistics for Asset Turnover in Balance Sheet for Southwest Airlines Co. [NYSE:LUV] with frequency distribution chart that analyze trends & history . Asset Turnover is an activity metric calculated as Revenues for period / Average Total Assets (current & prior). Asset Turnover measures efficiency in generating revenue from a company's assets. Comparisons only meaningful when made among different companies within same industry/sector. View Balance Sheet for broader context
Share
Quarterly Asset Turnover values for Southwest Airlines Co. are rounded to enhance readability
| 2023-Dec | 2023-Sep | 2023-Jun | 2023-Mar | 2022-Dec | 2022-Sep | |
|---|---|---|---|---|---|---|
| Asset Turnover | 0.19 | 0.18 | 0.2 | 0.16 | 0.17 | 0.17 |
| Sequential Quarter Growth | +5.6% | -10.0% | +25.0% | -5.9% | 0.0% | -5.6% |
| Quarter-on Quarter Growth | +11.8% | +5.9% | +11.1% | +33.3% | +30.8% | +41.7% |
Annual Asset Turnover values for Southwest Airlines Co. are rounded to enhance readability
| 2023-Dec | 2022-Dec | 2022-Jan | 2021-Jan | 2020-Jan | 2019-Jan | |
|---|---|---|---|---|---|---|
| Asset Turnover | 0.71 | 0.65 | 0.65 | 0.42 | 0.28 | 0.83 |
| Year-on-Year Growth | +9.2% | 0.0% | +54.8% | +50.0% | -66.3% | +1.2% |
| 2-yr CAGR | +4.5% | +24.4% | +52.4% | -28.9% | -41.6% | -3.4% |
| 3-yr CAGR | +19.1% | +32.4% | -7.8% | -20.0% | -32.0% | -4.7% |
| 4-yr CAGR | +26.2% | -5.9% | -5.6% | -17.1% | -26.5% | -3.1% |
| 5-yr CAGR | -3.1% | -4.5% | -6.1% | -15.2% | -21.5% | -2.2% |
Frequency distribution of quarterly Asset Turnover values from 2009-Mar-31 grouped into buckets. Latest Asset Turnover value is 0.19 as of 2023-Dec-31
Subsequent stock performance post earnings date till next announcement for Southwest Airlines Co. mapped with quarterly Asset Turnover values reported at that time. Most recent value denoted with star
Select frequency and calculation type for Asset Turnover above for vertical axis in scatter chart. Additionally choose type of performance for horizontal axis
Bayesian (Conditional Probability) analysis for Southwest Airlines Co. with subsequent post-earnings performance given Asset Turnover values. Analysis uses quarterly data and subsequent absolute performance. Most recent quarter is denoted with a star and corresponding partial performance is excluded from calculations
| Underperform (absolute perf.) | Outperform (absolute perf.) | |
|---|---|---|
| Asset Turnover - Low | 46% | 54% |
| Asset Turnover - Medium | 60% | 40% |
| Asset Turnover - High | 41% | 59% |
| Asset Turnover (Sequential growth %) - Low | 48% | 52% |
| Asset Turnover (Sequential growth %) - Medium | 51% | 49% |
| Asset Turnover (Sequential growth %) - High | 53% | 47% |
| Asset Turnover (QoQ growth %) - Low | 43% | 57% |
| Asset Turnover (QoQ growth %) - Medium | 63% | 37% |
| Asset Turnover (QoQ growth %) - High | 64% | 36% |
Related to Southwest Airlines Co.
Information for Southwest Airlines Co.
Current Detail : Recent daily/monthly performance & benchmark comparison
Historical Detail : Historical performance & related information using Time Machine
Financial Statements : Analyze Income Statement, Balance Sheet & Cashflow Statement and also compare with peers Currently Viewing
Bayesian Statement Classifier : Investigate historical financial statements to make probabalistic predictions using Artificial Intelligence
Anomaly Detection : Investigate unusual recent performance & technicals with historical context using AI
Historical Seasonality : Seasonal performance by calendar months
Dividend History : History of Dividend Yield
Technical History : Popular Technical indicator trends (RSI, MACD etc.)
Metric Deciles : Contextualizing recent performance & technical levels into historical decile buckets
Dollar Cost Averaging : Dollar Cost Average (DCA) over time in your portfolio
Moving Averages : Key Simple & Exponential Moving Averages
Historical Analogues : Insights from closest historical matches to recent performance using Artificial Intelligence
Chart Pattern Matching : Insights from similar historical charts to recent chart using Artificial Intelligence
News Stories : News stories on 2024-Dec-20 on Google
SEC Reports : Quarterly reports around 2024-Dec-20 on SEC Edgar
Compare Southwest Airlines Co. with other assets
Market Performance : Recent performance across covered assets
Historical Performance : Prior & Subsequent performance across assets on a historical date
Market Technicals : Technical indicator levels across covered assets
Market Seasonality : Seasonal performance by calendar months across covered assets
Pair Correlations : Performance Correlations with other assets
Beta : Volatility relative to the broad market
Performance Comparison : Visually compare/benchmark performance with other assets over time
Side-by-Side Comparison : Contrast with other assets over time in a side-by-side presentation
Sector : Industrials sector performance which includes Southwest Airlines Co.
Industry : Passenger Transport industry performance which includes Southwest Airlines Co.