National Beverage Corp (FIZZ)
Fixed asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,201,350 | 1,191,690 | 1,191,690 | 1,172,930 | 1,172,930 |
| Property, plant and equipment | US$ in thousands | — | — | 159,730 | 148,423 | 148,423 |
| Fixed asset turnover | — | — | 7.46 | 7.90 | 7.90 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,201,350K ÷ $—K
= —
The fixed asset turnover ratio for National Beverage Corp reflects a relatively stable performance from April 29, 2023, to April 30, 2023, maintaining a value of 7.90. This indicates that, during this period, the company generated approximately 7.90 units of sales for every dollar invested in fixed assets.
By April 27, 2024, the ratio declined to 7.46, suggesting a slight decrease in efficiency in utilizing fixed assets to generate sales over the course of the year. Despite this reduction, the ratio remains relatively high, indicating that the company continued to leverage its fixed assets effectively, although with a modest dip compared to the prior year.
As of April 30, 2024, data for the fixed asset turnover ratio is unavailable, and no further data points are provided for subsequent periods, including April 30, 2025. The absence of this information inhibits a comprehensive assessment of longer-term trends or recent performance shifts.
Overall, the ratio's downward movement from 7.90 to 7.46 indicates a slight decline in fixed asset efficiency over the analyzed period. This could be attributable to various factors, including changes in sales volume, capital expenditures, or asset utilization strategies. Continued monitoring and comparison with industry benchmarks and company-specific developments would be necessary to fully understand the implications of this trend.
Peer comparison
Apr 30, 2025