Reed'S, Inc. (REED) Asset Utilization Ratio (2011 - 2024)
Reed'S's (REED) Asset Utilization Ratio was 2.26 for Q1 2024, up 5.7% from 2.14 a year earlier and up 10.3% from the prior quarter.
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Analysis
Reed'S, Inc. (REED) Asset Utilization Ratio (2011 - 2024) Analysis & Trends
For FY2023, Asset Utilization Ratio at Reed'S was 2.02, down 1.6% from FY2022.
- By year, Asset Utilization Ratio came in at 2.05 in FY2022 and 2.37 in FY2019 (+15.2%).
- The Q1 2024 figure ranks as the highest quarterly Asset Utilization Ratio since Q1 2019.
- Year over year, Asset Utilization Ratio has now increased in each of the last five quarters, with growth averaging 33.8% over the last five quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2023 (growth of 58.4%); the low point was Q4 2019 (a decline of 25.9%).
- Per Business Quant data, the three quarters before Q1 2024 came in at 2.05 (Q4 2023), 2.12 (Q3 2023) and 2.20 (Q2 2023).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 2.26 |
| Dec 31, 2023 | 2.05 |
| Sep 30, 2023 | 2.12 |
| Jun 30, 2023 | 2.20 |
| Mar 31, 2023 | 2.14 |
| Dec 31, 2022 | 1.90 |
| Sep 30, 2022 | 1.47 |
| Jun 30, 2022 | 1.39 |
| Mar 31, 2022 | 1.40 |
| Jun 30, 2020 | 2.23 |
| Mar 31, 2020 | 2.26 |
| Dec 31, 2019 | 2.06 |
| Sep 30, 2019 | 2.18 |
| Jun 30, 2019 | 2.18 |
| Mar 31, 2019 | 2.44 |
| Dec 31, 2018 | 2.77 |
| Sep 30, 2018 | 2.21 |
| Jun 30, 2018 | 2.14 |
| Mar 31, 2018 | 1.85 |
| Dec 31, 2017 | 1.73 |
API Access
Reed'S, Inc. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=REED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "REED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();