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| 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 |