Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024)
Artisan Consumer Goods' (ARRT) quarterly Asset Utilization Ratio came in at 0.09 in Q1 2024, down 84.68% year-on-year from 0.58 in Q2 2023, and up 341.71% quarter-over-quarter from 0.02 in Q4 2023.
Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Artisan Consumer Goods' Asset Utilization Ratio history runs 3 years deep, the most recent figure standing at 0.09 for Q1 2024.
- On a quarterly basis, Asset Utilization Ratio fell 84.68% year-over-year to 0.09 in Q1 2024; TTM through Mar 2024 was 0.09, a 84.68% decrease from a year earlier, with the FY2023 full-year figure at 0.44, changed N/A from the prior year.
- Asset Utilization Ratio grew to 0.09 in Q1 2024 per ARRT's latest filing, from 0.02 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.09 in Q2 2023 and bottomed at 0.02 in Q4 2023.
- The 3-year median for Asset Utilization Ratio is 0.41 (2022), against an average of 0.4.
- Biggest YoY gain for Asset Utilization Ratio was 1386.88% in 2023; the steepest drop was 95.12% in 2023.
- Year by year, Asset Utilization Ratio stood at 0.41 in 2022, then plunged by 95.12% to 0.02 in 2023, then soared by 341.71% to 0.09 in 2024.
- Per Business Quant, the three latest ARRT Asset Utilization Ratio figures stand at 0.09 (Q1 2024), 0.02 (Q4 2023), and 0.55 (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 0.31 |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 0.59 |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 0.92 |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 0.45 |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 1.29 |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 0.75 |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 0.62 |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 0.90 |
| 10 | Artisan Consumer Goods | 924,010.05 | 923,372.05 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 1.09 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.04 |