United Natural Foods Inc (UNFI)
Fixed asset turnover
| Aug 3, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 30,984,000 | 30,111,000 | 30,120,000 | 30,161,000 | 30,134,000 | 30,025,000 | 29,834,000 | 29,424,000 | 28,879,000 | 28,351,000 | 27,643,000 | 27,106,460 | 26,729,410 | 26,680,080 | 27,135,800 | 26,732,720 | 26,449,380 | 26,491,000 | 25,421,900 | 25,139,730 |
| Property, plant and equipment | US$ in thousands | 1,804,000 | 1,776,000 | 1,766,000 | 1,744,000 | 1,767,000 | 1,735,000 | 1,719,000 | 1,684,000 | 1,690,000 | 1,638,000 | 1,764,000 | 1,769,000 | 1,784,000 | 1,715,030 | 1,671,760 | 1,662,660 | 1,701,000 | 1,534,270 | 1,470,700 | 1,494,310 |
| Fixed asset turnover | 17.18 | 16.95 | 17.06 | 17.29 | 17.05 | 17.31 | 17.36 | 17.47 | 17.09 | 17.31 | 15.67 | 15.32 | 14.98 | 15.56 | 16.23 | 16.08 | 15.55 | 17.27 | 17.29 | 16.82 |
August 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $30,984,000K ÷ $1,804,000K
= 17.18
The fixed asset turnover ratio for United Natural Foods Inc has been relatively stable over the past two years, ranging between 14.98 and 17.47. This indicates that the company is generating revenue efficiently from its investment in fixed assets. The consistent high values of the fixed asset turnover suggest that the company is efficiently utilizing its fixed assets to generate sales. Overall, the trend in the fixed asset turnover ratio indicates that United Natural Foods Inc is effectively managing its fixed assets to drive revenue generation.
Peer comparison
Aug 3, 2024
Company name
Symbol
Fixed asset turnover
United Natural Foods Inc
UNFI
17.18
Performance Food Group Co
PFGC
22.45
SpartanNash Co
SPTN
14.99
The Chefs Warehouse Inc
CHEF
15.80