Albertsons Companies (ACI)
Total asset turnover
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 80,390,900 | 79,237,700 | 77,649,700 | 71,887,000 | 69,690,400 |
| Total assets | US$ in thousands | 26,755,700 | 26,221,100 | 26,168,200 | 28,123,000 | 26,598,000 |
| Total asset turnover | 3.00 | 3.02 | 2.97 | 2.56 | 2.62 |
February 28, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $80,390,900K ÷ $26,755,700K
= 3.00
The total asset turnover ratio for Albertsons Companies has exhibited noteworthy fluctuations over the specified period. As of February 28, 2021, the ratio was 2.62, indicating that the company generated nearly 2.62 dollars in sales for every dollar of total assets during that fiscal year. This ratio experienced a slight decline to 2.56 by February 28, 2022, suggesting a marginal decrease in operational efficiency in utilizing assets to generate sales.
Subsequently, there was a significant improvement observed in the ratio, reaching 2.97 as of February 28, 2023. This increase reflects a more effective deployment of assets to generate revenue, potentially due to operational improvements, better inventory management, or strategic restructuring.
The upward trend continued into the fiscal year ending February 29, 2024, with the ratio rising marginally to 3.02, marking a peak during the analyzed period. This indicates enhanced asset utilization efficiency, with the company generating over three dollars in sales for every dollar of assets.
However, in the ensuing period, the ratio slightly decreased to 3.00 by February 28, 2025, suggesting a stabilization in asset efficiency but also indicating that the company has not sustained the peak level achieved in 2024. Overall, the trend demonstrates a recovery and improvement in asset utilization over the analyzed period, with notable peaks in 2023 and 2024.
Peer comparison
Feb 28, 2025