Lamb Weston Holdings Inc (LW)
Total asset turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,387,400 | 6,480,200 | 6,337,600 | 6,132,800 | 6,253,000 | 6,381,000 | 6,588,000 | 6,796,600 | 6,759,400 | 6,712,200 | 6,300,500 | 5,896,200 | 5,477,800 | 5,060,200 | 4,932,200 | 4,804,200 | 4,680,800 | 4,554,000 | 4,383,400 | 4,212,800 |
| Total assets | US$ in thousands | 7,422,800 | 7,452,100 | 7,512,500 | 7,367,000 | 7,367,000 | 7,245,700 | 7,245,700 | 7,045,300 | 7,045,300 | 6,539,600 | 6,539,600 | 6,519,800 | 6,519,800 | 5,087,300 | 5,087,300 | 4,569,600 | 4,569,600 | 4,409,700 | 4,409,700 | 4,139,800 |
| Total asset turnover | 0.86 | 0.87 | 0.84 | 0.83 | 0.85 | 0.88 | 0.91 | 0.96 | 0.96 | 1.03 | 0.96 | 0.90 | 0.84 | 0.99 | 0.97 | 1.05 | 1.02 | 1.03 | 0.99 | 1.02 |
February 28, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,387,400K ÷ $7,422,800K
= 0.86
Based on the provided data, the total asset turnover of Lamb Weston Holdings Inc has shown some fluctuations over the reported periods. The total asset turnover ratio indicates how efficiently the company is utilizing its total assets to generate revenue.
The ratio ranged from 0.83 to 1.05 during the periods reported. A ratio above 1 suggests that the company is generating more in sales revenue for each dollar of assets it owns, indicating efficient asset utilization. Conversely, a ratio below 1 implies that the company is generating less revenue relative to its total assets, indicating potential inefficiencies in asset management or lower sales volume.
It is observed that the total asset turnover ratio peaked at 1.05 in November 30, 2022, indicating high asset efficiency during that period. However, the ratio declined to 0.83 in May 31, 2024, suggesting a decrease in the company's ability to generate revenue from its assets during that time.
Overall, the fluctuating trend in the total asset turnover ratio of Lamb Weston Holdings Inc indicates varying levels of asset efficiency and effectiveness in utilizing assets to generate revenue over the reported periods. Further analysis of the company's operations and financial performance may be needed to understand the reasons behind these fluctuations and to assess the company's overall asset management efficiency.
Peer comparison
Feb 28, 2025