Hershey Fixed Asset Turnover from 2010 to 2024

HSY Stock  USD 175.54  0.73  0.42%   
Hershey Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 2.47 in 2024. During the period from 2010 to 2024, Hershey Fixed Asset Turnover regression line of annual values had r-squared of  0.12 and arithmetic mean of  3.47. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.08625203
Current Value
2.47
Quarterly Volatility
0.41736992
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hershey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.8 M, Interest Expense of 169.6 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0167 or PTB Ratio of 8.57. Hershey financial statements analysis is a perfect complement when working with Hershey Valuation or Volatility modules.
  
Check out the analysis of Hershey Correlation against competitors.

Latest Hershey's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Hershey Co over the last few years. It is Hershey's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hershey's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Hershey Fixed Asset Turnover Regression Statistics

Arithmetic Mean3.47
Geometric Mean3.45
Coefficient Of Variation12.01
Mean Deviation0.31
Median3.57
Standard Deviation0.42
Sample Variance0.17
Range1.4989
R-Value(0.35)
Mean Square Error0.16
R-Squared0.12
Significance0.20
Slope(0.03)
Total Sum of Squares2.44

Hershey Fixed Asset Turnover History

2024 2.47
2023 3.09
2022 3.76
2021 3.47
2019 3.71
2018 3.66
2017 3.57

About Hershey Financial Statements

Hershey investors use historical fundamental indicators, such as Hershey's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hershey. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.09  2.47 

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Additional Tools for Hershey Stock Analysis

When running Hershey's price analysis, check to measure Hershey's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.