Boston Beer Company Inc (SAM)
Total 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 |
Total assets | US$ in thousands | 1,250,020 | 1,381,990 | 1,435,450 | 1,384,190 | 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 |
Total asset turnover | 1.61 | 1.45 | 1.39 | 1.46 | 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 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,012,926K ÷ $1,250,020K
= 1.61
The total asset turnover for Boston Beer Company Inc has shown a gradual increase over the past few years, indicating improved efficiency in generating sales relative to its total assets. From March 31, 2020, to December 31, 2024, the total asset turnover ratio has consistently trended upwards, starting at 1.11 and reaching 1.61 by the end of December 31, 2024. This signifies that for every dollar of assets the company has, it is generating an increasing amount of revenue. The company's ability to utilize its assets efficiently to drive sales growth is a positive indicator of its operational effectiveness and overall financial performance. The consistency and upward trajectory of this ratio suggest that Boston Beer Company Inc has been able to effectively manage its assets to drive revenue generation.
Peer comparison
Dec 31, 2024