Boston Beer Company Inc (SAM)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,012,930 | 2,008,620 | 2,090,330 | 2,057,620 | 1,736,430 |
| Total assets | US$ in thousands | 1,250,020 | 1,429,990 | 1,420,770 | 1,386,780 | 1,378,820 |
| Total asset turnover | 1.61 | 1.40 | 1.47 | 1.48 | 1.26 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,012,930K ÷ $1,250,020K
= 1.61
Boston Beer Company Inc's total asset turnover has shown a generally increasing trend over the past five years, indicating an improvement in the company's efficiency in generating sales from its total assets. The ratio increased from 1.26 in December 2020 to 1.61 in December 2024, with fluctuations in between. This suggests that the company has been more effective in utilizing its assets to generate revenue over the years, with a peak efficiency observed in 2024. Overall, the increasing trend in total asset turnover is a positive sign of operational efficiency and effective management of assets at Boston Beer Company Inc.
Peer comparison
Dec 31, 2024