Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024)
Artisan Consumer Goods (ARRT) posted Asset Utilization Ratio of 0.09 for Q1 2024, up 341.71% on a QoQ basis from 0.02 in Q4 2023, and down 84.68% year-over-year from 0.58 in Q2 2023.
Analysis
Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Artisan Consumer Goods has reported Asset Utilization Ratio for 3 years, with the latest figure at 0.09 in 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 was 0.09 for Q1 2024 at Artisan Consumer Goods, up from 0.02 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.09 in Q2 2023, with the low at 0.02 in Q4 2023.
- Average Asset Utilization Ratio over 3 years is 0.4, with a median of 0.41 recorded in 2022.
- The largest YoY upside for Asset Utilization Ratio was 1386.88% in 2023 against a maximum downside of 95.12% in 2023.
- Over 3 years, Asset Utilization Ratio stood at 0.41 in 2022, then sank by 95.12% to 0.02 in 2023, then jumped by 341.71% to 0.09 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.09 (Q1 2024), 0.02 (Q4 2023), and 0.55 (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 77.66 Bn | 76.00 Bn | 3.99 Bn | 0.56 |
| 2 | Hershey | 34.33 Bn | 33.54 Bn | 1.26 Bn | 0.87 |
| 3 | Tootsie Roll Industries | 2.82 Bn | 2.67 Bn | 52.63 Mn | 0.58 |
| 4 | Utz Brands | 2.05 Bn | 2.61 Bn | 96.20 Mn | 0.52 |
| 5 | J&J Snack Foods | 1.45 Bn | 1.39 Bn | 151.02 Mn | 1.14 |
| 6 | Sanfilippo John B & Son | 787.45 Mn | 786.30 Mn | 44.15 Mn | 1.80 |
| 7 | BranchOut Food | 57.13 Mn | 56.83 Mn | 96,825.00 | 0.83 |
| 8 | Bridgford Foods | 52.10 Mn | 51.77 Mn | 10.86 Mn | 1.59 |
| 9 | Sow Good | 48.84 Mn | 48.83 Mn | - | - |
| 10 | Artisan Consumer Goods | 1.76 Mn | 1.76 Mn | - | - |
Historic Data
Download Data
Historic 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 |