Artisan Consumer Goods (ARRT) Asset Utilization Ratio (2022 - 2024)

Artisan Consumer Goods (ARRT) recorded quarterly Asset Utilization Ratio of 0.09 in Q1 2024, up 341.71% quarter-over-quarter from 0.02 in Q4 2023, and down 84.68% on a YoY basis from 0.58 in Q2 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.

  • In Q1 2024, Asset Utilization Ratio fell 84.68% year-over-year to 0.09; the TTM figure through Mar 2024 stood at 0.09 (down 84.68% YoY), while the FY2023 annual figure was 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.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.09 in Q2 2023 to a low of 0.02 in Q4 2023.
  • Historically, Asset Utilization Ratio has averaged 0.4 across 3 years, with a median of 0.41 in 2022.
  • Biggest YoY gain for Asset Utilization Ratio was 1386.88% in 2023; the steepest drop was 95.12% in 2023.
  • A 3-year view of Asset Utilization Ratio shows it stood at 0.41 in 2022, then slumped by 95.12% to 0.02 in 2023, then soared 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn - -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn 0.31
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 0.57
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn -
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 0.92
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 0.48
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn 0.53
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 1.29
10 Artisan Consumer Goods - - - -

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