Auto Parts 4Less Group, Inc. (FLES) Asset Utilization Ratio (2019 - 2023)
Auto Parts 4Less (FLES) has disclosed Asset Utilization Ratio for 11 consecutive years, with 1.73 as the latest value for Q4 2023.
- For the quarter ending Q4 2023, Asset Utilization Ratio fell 76.4% year-over-year to 1.73, compared with a TTM value of 1.73 through Oct 2023, down 76.4%, and an annual FY2023 reading of 5.85, down 42.42% over the prior year.
- Asset Utilization Ratio was 1.73 for Q4 2023 at Auto Parts 4Less, down from 3.98 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 13.12 in Q1 2019 and bottomed at 1.73 in Q4 2023.
- Average Asset Utilization Ratio over 5 years is 6.78, with a median of 7.0 recorded in 2019.
- The sharpest move saw Asset Utilization Ratio skyrocketed 233.4% in 2019, then plummeted 76.4% in 2023.
- Year by year, Asset Utilization Ratio stood at 7.05 in 2019, then increased by 2.11% to 7.2 in 2020, then dropped by 16.79% to 5.99 in 2021, then increased by 22.0% to 7.31 in 2022, then tumbled by 76.4% to 1.73 in 2023.
- Business Quant data shows Asset Utilization Ratio for FLES at 1.73 in Q4 2023, 3.98 in Q3 2023, and 6.5 in Q2 2023.