Albertsons Companies (ACI)

Fixed asset turnover

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020
Revenue (ttm) US$ in thousands 80,390,900 79,930,900 79,713,700 79,452,900 79,237,700 79,163,300 78,760,900 78,389,600 77,649,700 76,768,100 75,341,600 73,927,900 71,887,000 70,275,800 68,956,300 68,208,200 69,690,400 69,354,900 68,049,200 66,468,300
Property, plant and equipment US$ in thousands 15,387,000 15,238,000 15,237,800 9,092,900 9,078,600 14,978,300 15,258,000 15,172,200 15,062,400 15,152,400 15,428,300 14,829,300 14,879,200 14,875,500
Fixed asset turnover 5.12 5.14 5.10 8.44 8.30 4.94 4.71 4.63 4.58 4.50 4.52 4.68 4.57 4.47

February 28, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $80,390,900K ÷ $—K
= —

The fixed asset turnover ratio of Albertsons Companies exhibits fluctuations over the analyzed periods, reflecting varying efficiency in utilizing fixed assets to generate sales. Between May 31, 2020, and August 31, 2021, the ratio remained relatively stable, ranging from approximately 4.47 to 4.68, indicating consistent utilization of fixed assets to support sales volume. A slight increase is observable in the subsequent periods, culminating in a notable jump to 8.30 by August 31, 2022. This significant rise suggests a period of enhanced efficiency or potentially reduced fixed assets relative to sales, possibly due to asset disposals, operational streamlining, or changes in asset valuation.

Following this peak, the ratio sustains high levels around 8.44 in November 2022 but begins to decline thereafter, recording values closer to 5.10 by February 2023 and remaining relatively stable around 5.12 to 5.14 through May and August 2023. This downward trend may imply a normalization or reduction in the efficiency gains seen previously, possibly due to expansion of fixed assets or shifts in operational focus.

Overall, the pattern indicates periods of improved fixed asset utilization efficiency, notably during late 2022, followed by stabilization at a moderate level. The intermittent spikes and subsequent declines reflect operational or strategic adjustments impacting the company's asset utilization dynamics. The absence of data beyond August 2023 limits insights into more recent trends, but the preceding data points highlight a period of notable fluctuation in fixed asset efficiency over the analyzed timeline.


Peer comparison

Feb 28, 2025

Company name
Symbol
Fixed asset turnover
Albertsons Companies
ACI
Grocery Outlet Holding Corp
GO
Kroger Company
KR
Sprouts Farmers Market LLC
SFM