Constellation Brands Inc Class A (STZ)

Total asset turnover

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020
Revenue (ttm)	US$ in thousands	10,208,600	10,183,500	10,190,600	10,108,500	9,961,700	9,820,400	9,786,000	9,604,300	9,452,600	9,557,300	9,441,400	9,157,400	8,820,700	8,671,200	8,788,700	8,678,000	8,614,900	8,564,800	8,126,100	8,209,700
Total assets	US$ in thousands	21,652,300	22,806,200	23,079,100	26,060,100	25,691,700	25,057,400	24,930,000	24,759,200	24,662,300	24,463,000	24,280,900	25,841,100	25,855,800	25,527,300	25,340,300	26,192,400	27,104,800	27,630,600	26,462,500	26,149,800
Total asset turnover		0.47	0.45	0.44	0.39	0.39	0.39	0.39	0.39	0.38	0.39	0.39	0.35	0.34	0.34	0.35	0.33	0.32	0.31	0.31	0.31

February 28, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,208,600K ÷ $21,652,300K
= 0.47

Constellation Brands Inc Class A's total asset turnover has shown a gradual improvement over the years, indicating increased efficiency in generating sales from its assets. The ratio has consistently increased from 0.31 in May 2020 to 0.47 in February 2025. This suggests that the company is becoming more effective in utilizing its assets to generate revenue. The trend indicates that Constellation Brands Inc Class A has been able to grow its sales without significantly increasing its total assets, which can be a positive sign of effective asset management. Overall, the increasing total asset turnover ratio reflects the company's ability to generate more revenue per dollar of assets employed, indicating operational efficiency and potential growth prospects.