Constellation Brands Inc Class A (STZ)

Total asset turnover

		Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	US$ in thousands	10,208,700	9,961,800	9,452,600	8,820,700	8,614,900
Total assets	US$ in thousands	21,652,300	25,691,700	24,662,300	25,855,800	27,104,800
Total asset turnover		0.47	0.39	0.38	0.34	0.32

February 28, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $10,208,700K ÷ $21,652,300K
= 0.47

Constellation Brands Inc Class A's total asset turnover has shown a positive trend over the past few years. From 0.32 in February 28, 2021, the ratio improved to 0.34 by February 28, 2022, indicating that the company generated $0.34 in sales for each dollar of assets. Subsequently, by February 28, 2023, the total asset turnover increased further to 0.38, reflecting enhanced efficiency in utilizing its assets to generate revenue. This positive trend continued, reaching 0.39 as of February 29, 2024.

However, there is missing data for February 28, 2025. It is important to note that a higher total asset turnover ratio generally indicates better efficiency in asset utilization and revenue generation. Constellation Brands Inc Class A's increasing total asset turnover suggests that the company has been improving its operational efficiency and effectively leveraging its assets to drive sales growth. Overall, this trend is indicative of a positive operational performance in terms of asset management and revenue generation.