John B Sanfilippo & Son Inc (JBSS)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | Dec 23, 2021 | Sep 30, 2021 | Sep 23, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,107,246 | 1,107,742 | 1,118,719 | 1,108,874 | 1,066,783 | 1,031,433 | 998,084 | 981,190 | 999,686 | 1,023,212 | 1,003,261 | 982,140 | 982,746 | 951,327 | 959,072 | 912,607 | 867,292 | 874,538 | 858,482 | 855,939 |
| Total assets | US$ in thousands | 597,603 | 589,976 | 545,253 | 519,367 | 515,575 | 491,928 | 484,459 | 424,853 | 425,287 | 445,060 | 425,930 | 440,771 | 447,262 | 453,579 | 426,722 | 426,722 | 407,161 | 407,161 | 398,455 | 392,228 |
| Total asset turnover | 1.85 | 1.88 | 2.05 | 2.14 | 2.07 | 2.10 | 2.06 | 2.31 | 2.35 | 2.30 | 2.36 | 2.23 | 2.20 | 2.10 | 2.25 | 2.14 | 2.13 | 2.15 | 2.15 | 2.18 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,107,246K ÷ $597,603K
= 1.85
The total asset turnover ratio of John B Sanfilippo & Son Inc exhibited a generally stable pattern over the analyzed period, with fluctuations reflective of operational and asset utilization dynamics. In the fiscal year ending March 31, 2021, the ratio was approximately 2.18, signifying that the company generated roughly $2.18 in sales for every dollar of assets employed. This ratio demonstrated a slight decrease through the second quarter of 2021 to about 2.13–2.15, indicating a marginal reduction in asset efficiency during that period.
From the third quarter of 2021 onward, the ratio showed a gradual upward trend, reaching a peak of approximately 2.36 at the end of calendar year 2022. This increase suggests improved efficiency in utilizing assets to generate sales during this timeframe. The upward trajectory continued into the first half of 2023, with ratios around 2.30–2.35, implying sustained operational efficiency.
However, in the latter part of 2023 and into 2024, the ratio declined somewhat, dipping to approximately 2.06 by December 31, 2023, and maintaining similar levels in early 2024. This decline indicates a reduction in asset utilization efficiency during that period. The ratio further decreased into 2025, reaching a low of about 1.85–1.88, reflecting a notable decline compared to earlier years.
Overall, the data illustrates periods of both improvement and decline in asset efficiency, with the ratio generally trending downward from its peak in late 2022. The fluctuations could be attributable to various factors such as changes in sales volume, asset base adjustments, or operational efficiency shifts. The recent decline in the ratio suggests that, in the most current periods, the company has been generating less sales per dollar of assets, which could warrant further investigation into the underlying operational or strategic changes affecting asset utilization.
Peer comparison
Jun 30, 2025