National Beverage Corp (FIZZ)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,185,040 | 1,215,305 | 1,194,168 | 1,134,760 | 1,137,519 | 1,140,278 | 1,194,453 | 1,248,628 | 1,235,253 | 1,221,878 | 1,166,121 | 1,110,364 | 1,123,298 | 1,136,232 | 1,185,866 | 1,235,500 | 1,220,087 | 1,179,377 | 1,120,183 | 1,085,224 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 159,730 | — | 153,805 | — | 151,886 | 189,066 | 149,300 | 148,423 | 148,423 | 142,968 | 142,968 | 143,162 | 143,162 | 180,913 | 142,358 | 180,913 |
| Fixed asset turnover | — | — | — | — | 7.12 | — | 7.77 | — | 8.13 | 6.46 | 7.81 | 7.48 | 7.57 | 7.95 | 8.29 | 8.63 | 8.52 | 6.52 | 7.87 | 6.00 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,185,040K ÷ $—K
= —
The fixed asset turnover ratio for National Beverage Corp has fluctuated over the given period, ranging from a low of 6.00 to a high of 8.63. The ratio indicates how efficiently the company is utilizing its fixed assets to generate revenue, with a higher ratio generally being favorable.
The trend in the fixed asset turnover ratio shows variability, with some periods experiencing an increase in efficiency in asset utilization, while other periods see a decrease. For example, there was a notable improvement in asset turnover from October 29, 2022, to January 28, 2023, where the ratio increased from 8.52 to 8.29.
However, it is important to note that there are instances where data is not available, such as for certain periods in 2023, 2024, and beyond, indicating potential gaps in information that could impact the overall trend analysis.
In conclusion, further examination of the company's fixed asset turnover ratio over longer periods and in conjunction with other financial metrics would provide a more comprehensive assessment of National Beverage Corp's efficiency in utilizing its fixed assets to generate revenue.
Peer comparison
Jan 31, 2025