Grocery Outlet Holding Corp (GO)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,371,490 | 4,263,458 | 4,159,188 | 4,040,928 | 3,969,455 | 3,910,467 | 3,824,742 | 3,712,141 | 3,578,101 | 3,429,972 | 3,280,667 | 3,158,543 | 3,079,582 | 3,103,702 | 3,098,904 | 3,126,798 | 3,134,640 | 2,983,336 | 2,871,794 | 2,713,654 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 592,322 | 574,225 | 560,746 | 537,678 | 522,392 | 510,123 | 499,387 | 1,360,370 | 1,337,970 | 458,313 | 433,652 | 1,224,580 | 1,168,220 | 1,126,660 |
| Fixed asset turnover | — | — | — | — | — | — | 6.46 | 6.46 | 6.38 | 6.38 | 6.28 | 6.19 | 6.17 | 2.28 | 2.32 | 6.82 | 7.23 | 2.44 | 2.46 | 2.41 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,371,490K ÷ $—K
= —
The fixed asset turnover ratio indicates how efficiently a company generates revenues from its fixed assets. Grocery Outlet Holding Corp's fixed asset turnover has shown fluctuation over the analyzed period. The ratio increased from around 2.41 in March 2020 to peak at 7.23 in December 2020, indicating a significant improvement in asset utilization during that period.
Subsequently, the ratio decreased to around 2.32 in June 2021, but then gradually increased to stabilize around 6.19 to 6.46 from March 2021 to June 2023. This steady performance suggests consistent efficiency in utilizing its fixed assets to generate sales.
As of the latest available data in December 2024, the fixed asset turnover ratio was not provided (indicated as "—"). Therefore, further insights regarding the company's asset efficiency in recent periods are not available based on the provided data. Overall, examining fluctuations in the fixed asset turnover ratio can provide valuable insights into Grocery Outlet Holding Corp's efficiency in generating sales from its fixed assets over time.
Peer comparison
Dec 31, 2024