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
DateValue
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