Sprouts Farmers Market LLC (SFM)
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 | 7,719,300 | 7,421,610 | 7,189,150 | 6,987,880 | 6,837,380 | 6,715,390 | 6,593,140 | 6,496,370 | 6,404,220 | 6,320,470 | 6,239,070 | 6,165,580 | 6,099,870 | 6,208,900 | 6,276,870 | 6,397,670 | 6,468,760 | 6,231,920 | 6,094,540 | 5,867,490 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 715,342 | 722,241 | 694,098 | 690,460 | 701,102 | 716,029 | 709,342 | 1,756,420 | 1,750,490 | 726,500 | 735,670 | 740,075 | 734,504 |
| Fixed asset turnover | — | — | — | — | — | — | — | 9.08 | 8.87 | 9.11 | 9.04 | 8.79 | 8.52 | 8.75 | 3.57 | 3.65 | 8.90 | 8.47 | 8.24 | 7.99 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,719,300K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. It is calculated by dividing net sales by average fixed assets.
Analyzing the fixed asset turnover trend of Sprouts Farmers Market LLC from March 31, 2020, to December 31, 2024, reveals some interesting insights. The fixed asset turnover ratio shows an increasing trend from March 2020 to June 2022, indicating that the company was effectively utilizing its fixed assets to generate sales. The ratio peaked at 9.11 on September 30, 2022.
However, there was a slight decline in the fixed asset turnover ratio in the subsequent quarters, with the ratio dropping to 8.87 by December 31, 2022. Despite this decrease, the ratio remained relatively high, signaling that Sprouts Farmers Market LLC continued to efficiently generate revenue from its fixed assets.
From March 31, 2023, onwards, the fixed asset turnover data is unavailable, as denoted by "—". It is important to monitor future quarterly data to assess whether the company can maintain or improve its fixed asset turnover ratio. Overall, the historical data suggests that Sprouts Farmers Market LLC has managed its fixed assets efficiently to support revenue generation.
Peer comparison
Dec 31, 2024