Sprouts Farmers Market LLC (SFM)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,719,290 | 6,837,380 | 6,404,220 | 6,099,870 | 6,468,760 |
| Property, plant and equipment | US$ in thousands | — | — | 722,241 | 716,029 | 726,500 |
| Fixed asset turnover | — | — | 8.87 | 8.52 | 8.90 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,719,290K ÷ $—K
= —
Sprouts Farmers Market LLC's fixed asset turnover has shown consistency over the past few years, ranging from 8.52 to 8.90. This indicates that the company is efficiently utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio suggests that the company is effectively managing its fixed assets to generate revenue. The slight fluctuations in the ratio could be due to changes in sales volumes or improvements in asset utilization. However, the absence of data for the most recent years, 2023 and 2024, makes it challenging to assess the current trend in fixed asset turnover. It would be advisable for stakeholders to closely monitor future financial statements to gain a better understanding of the company's fixed asset management efficiency.
Peer comparison
Dec 31, 2024