Boston Beer Company Inc (SAM)
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 | 2,012,926 | 2,004,349 | 2,000,471 | 2,024,677 | 2,008,625 | 2,062,428 | 2,057,282 | 2,070,221 | 2,090,334 | 1,990,903 | 1,956,093 | 1,942,655 | 2,057,622 | 2,170,465 | 2,101,614 | 1,950,947 | 1,736,432 | 1,576,795 | 1,462,469 | 1,328,738 |
| Property, plant and equipment | US$ in thousands | 616,242 | 619,013 | 626,860 | 635,131 | 642,509 | 647,323 | 656,359 | 662,697 | 667,909 | 670,689 | 675,208 | 668,876 | 664,815 | 665,374 | 664,200 | 636,007 | 623,083 | 588,977 | 565,265 | 550,030 |
| Fixed asset turnover | 3.27 | 3.24 | 3.19 | 3.19 | 3.13 | 3.19 | 3.13 | 3.12 | 3.13 | 2.97 | 2.90 | 2.90 | 3.10 | 3.26 | 3.16 | 3.07 | 2.79 | 2.68 | 2.59 | 2.42 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,012,926K ÷ $616,242K
= 3.27
The fixed asset turnover ratio for Boston Beer Company Inc has been consistently increasing over the years, indicating improved efficiency in utilizing its fixed assets to generate revenue. From March 31, 2020, to December 31, 2024, the ratio has shown a generally upward trend, starting at 2.42 and peaking at 3.27. This suggests that the company has been able to generate more sales relative to its investment in fixed assets. However, there was a slight decline in the ratio in March 31, 2024, which was followed by a slight increase in the subsequent quarter. Overall, the trend in fixed asset turnover reflects the company's ability to effectively utilize its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024