Albertsons Companies (ACI)
Total 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 |
Total assets | US$ in thousands | 26,755,700 | 26,665,300 | 26,528,400 | 26,077,000 | 28,794,700 | 26,496,500 | 26,322,500 | 25,817,200 | 26,168,200 | 30,214,700 | 28,754,100 | 28,220,000 | 28,123,000 | 27,936,100 | 27,344,300 | 26,781,900 | 26,598,000 | 26,319,300 | 26,469,600 | 25,987,800 |
Total asset turnover | 3.00 | 3.00 | 3.00 | 3.05 | 2.75 | 2.99 | 2.99 | 3.04 | 2.97 | 2.54 | 2.62 | 2.62 | 2.56 | 2.52 | 2.52 | 2.55 | 2.62 | 2.64 | 2.57 | 2.56 |
February 28, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $80,390,900K ÷ $26,755,700K
= 3.00
The total asset turnover ratio for Albertsons Companies over the period from May 2020 through February 2025 exhibits a pattern of relative stability with some discernible trends. Initially, the ratio ranges from 2.56 in May 2020 to a peak of 2.64 in November 2020, indicating a consistent ability to generate sales from its assets during this period.
From late 2020 through early 2022, the ratio fluctuates mildly, maintaining values within the range of approximately 2.52 to 2.62, reflecting steady operational efficiency and asset utilization. Notably, the ratio reaches a higher point of 2.97 in February 2023, signaling an improvement in sales efficiency relative to the company's asset base.
Subsequently, the ratio sustains levels close to 3.00 from mid-2023 through early 2024, with values of 3.04 in May 2023, 2.99 in August and November 2023, and 2.75 in February 2024, which may suggest a slight temporary dip possibly due to operational or seasonal factors.
Looking further into 2024 and early 2025, the ratio stabilizes around 3.00, with slight fluctuations indicating maintained or slightly enhanced asset utilization efficiency in generating sales.
Overall, the trend of Albertsons Companies' total asset turnover ratio displays resilience and modest growth over the analyzed period, with a notable increase reaching nearly 3.05 in May 2024, suggesting improvements in how effectively the company leverages its assets to generate sales. This stability and trend of gradual increase may be reflective of operational efficiencies, strategic asset management, or structural improvements in the company's sales processes.
Peer comparison
Feb 28, 2025