ConAgra Foods Inc (CAG)
Total asset turnover
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 11,612,800 | 11,736,900 | 11,700,100 | 11,537,900 | 11,661,100 | 11,963,300 | 12,243,900 | 12,115,000 | 12,014,400 | 11,779,600 | 11,547,400 | 11,729,900 | 11,878,000 | 12,217,600 | 12,582,900 | 12,400,700 | 12,251,800 | 11,848,900 | 11,457,200 | 11,466,600 |
| Total assets | US$ in thousands | 22,568,100 | 20,744,500 | 21,018,100 | 21,247,800 | 20,862,300 | 20,862,300 | 21,919,900 | 21,919,900 | 22,120,000 | 22,120,000 | 22,365,400 | 22,365,400 | 22,052,600 | 22,052,600 | 22,454,200 | 22,454,200 | 22,414,000 | 22,414,000 | 22,219,500 | 22,219,500 |
| Total asset turnover | 0.51 | 0.57 | 0.56 | 0.54 | 0.56 | 0.57 | 0.56 | 0.55 | 0.54 | 0.53 | 0.52 | 0.52 | 0.54 | 0.55 | 0.56 | 0.55 | 0.55 | 0.53 | 0.52 | 0.52 |
May 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $11,612,800K ÷ $22,568,100K
= 0.51
The total asset turnover ratio for ConAgra Foods Inc exhibits a relatively stable pattern over the analyzed period. Starting at 0.52 as of August 28, 2022, it experienced a gradual increase, reaching a peak of 0.57 in both February 25, 2024, and May 26, 2024. This indicates a slight improvement in the efficiency with which the company utilizes its total assets to generate sales during this period.
Throughout the timeframe, the ratio fluctuated within a narrow range of approximately 0.51 to 0.57, reflecting modest variations in asset utilization efficiency rather than significant swings. After reaching the highest observed ratio of 0.57 in early 2024, the ratio declined marginally to 0.56 and 0.54 in subsequent periods, maintaining a level slightly below the peak.
Overall, the data suggests that ConAgra Foods Inc has maintained a stable asset turnover ratio over the analyzed period, with small overall fluctuations. The trend indicates consistent asset utilization efficiency, with periods of slight upward and downward adjustments but no dramatic changes. The ratio's modest variation might imply stable operational efficiency relative to the company’s asset base, without discernible signs of significant improvement or deterioration in asset productivity over the observed timeframe.
Peer comparison
May 31, 2025