Boston Beer Company Inc (SAM)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 1,249,824 | 1,173,746 | 1,102,150 | 1,056,843 |
| Total assets | US$ in thousands | 1,429,990 | 1,516,890 | 1,492,550 | 1,392,510 | 1,420,770 | 1,530,700 | 1,480,470 | 1,390,000 | 1,386,780 | 1,463,530 | 1,560,950 | 1,464,170 | 1,378,820 | 1,312,340 | 1,208,250 | 1,193,560 | 1,054,060 | 1,016,180 | 813,330 | 704,020 |
| Total asset turnover | 1.40 | 1.36 | 1.38 | 1.49 | 1.47 | 1.30 | 1.32 | 1.40 | 1.48 | 1.48 | 1.35 | 1.33 | 1.26 | 1.20 | 1.21 | 1.11 | 1.19 | 1.16 | 1.36 | 1.50 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,008,625K ÷ $1,429,990K
= 1.40
The total asset turnover of Boston Beer Company Inc has shown some fluctuations over the past few years, ranging from as low as 1.11 to as high as 1.50. The ratio measures the company's efficiency in generating sales from its total assets.
The company's total asset turnover has generally been above 1.0, indicating that Boston Beer has been able to efficiently utilize its assets to generate revenue. A higher total asset turnover ratio suggests that the company is better at using its assets to generate revenue compared to a lower ratio.
It is important to note that while the total asset turnover has varied over time, it is generally above 1.0, indicating that Boston Beer Company Inc has been effective in converting its assets into revenue.
Peer comparison
Dec 31, 2023