Flowers Foods Inc (FLO)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,103,480 | 5,121,390 | 5,130,090 | 5,104,370 | 4,755,600 | 4,854,620 | 5,189,850 | 5,525,080 | 5,379,700 | 5,309,820 | 4,933,500 | 4,528,060 | 4,881,320 | 5,159,080 | 4,984,400 | 4,883,150 | 4,475,020 | 4,056,400 | 4,090,220 | 4,364,590 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 961,659 | 1,224,800 | 961,786 | 1,233,680 | 959,187 | 973,259 | 861,818 | 838,146 | 852,335 | 843,779 | 816,466 | 830,422 | 1,091,220 | 706,374 | 1,046,300 |
| Fixed asset turnover | — | — | — | — | — | 5.05 | 4.24 | 5.74 | 4.36 | 5.54 | 5.07 | 5.25 | 5.82 | 6.05 | 5.91 | 5.98 | 5.39 | 3.72 | 5.79 | 4.17 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,103,480K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales from its investments in fixed assets. Looking at the data provided for Flowers Foods Inc, we observe fluctuations in the fixed asset turnover ratio over the specified time period.
The fixed asset turnover ratio for Flowers Foods Inc ranged from 3.72 to 6.05 during the period from September 2021 to October 2023. A higher ratio indicates that the company is effectively utilizing its fixed assets to generate sales revenue. Notably, there was an improvement in the ratio from 3.72 in December 2021 to a peak of 6.05 in September 2022, indicating a significant increase in sales generated per dollar of fixed assets invested.
However, there were subsequent fluctuations in the fixed asset turnover ratio in the following periods, with slight decreases and increases observed. For instance, the ratio decreased to 4.24 in September 2023 after reaching a peak of 5.91 in June 2022. These fluctuations could be attributed to changes in the company's sales performance relative to its investment in fixed assets during these periods.
It is worth noting that the data shows missing values for the fixed asset turnover ratio from December 2023 to December 2024, indicating that the company may not have reported financial information for those periods or there could have been significant changes in their business operations that affected the ratio calculation.
In conclusion, the fixed asset turnover ratio for Flowers Foods Inc demonstrates varying levels of efficiency in utilizing fixed assets to generate sales revenue over the specified time frame, with notable improvements and fluctuations observed. Further analysis of the company's financial and operational performance may provide additional insights into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024