BBB Asset Turnover from 2010 to 2024

TBBB Stock   34.16  0.09  0.26%   
BBB Foods' Asset Turnover is decreasing over the years with slightly volatile fluctuation. Asset Turnover is expected to dwindle to 2.29. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently BBB Foods uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.94567243
Current Value
2.29
Quarterly Volatility
0.15294826
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BBB Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BBB Foods' main balance sheet or income statement drivers, such as Tax Provision of 138 M, Interest Income of 11.8 M or Depreciation And Amortization of 777.4 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. BBB financial statements analysis is a perfect complement when working with BBB Foods Valuation or Volatility modules.
  
Check out the analysis of BBB Foods Correlation against competitors.
For information on how to trade BBB Stock refer to our How to Trade BBB Stock guide.

Latest BBB Foods' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of BBB Foods over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. BBB Foods' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BBB Foods' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

BBB Asset Turnover Regression Statistics

Arithmetic Mean2.83
Geometric Mean2.82
Coefficient Of Variation5.41
Mean Deviation0.08
Median2.87
Standard Deviation0.15
Sample Variance0.02
Range0.6557
R-Value(0.43)
Mean Square Error0.02
R-Squared0.19
Significance0.11
Slope(0.01)
Total Sum of Squares0.33

BBB Asset Turnover History

2024 2.29
2023 2.95
2022 2.76

Other Fundumenentals of BBB Foods

BBB Foods Asset Turnover component correlations

0.18-0.950.4-0.811.00.960.130.92-0.931.00.990.991.0-0.63-0.960.990.92-0.63
0.18-0.110.450.390.210.380.490.490.10.20.150.160.24-0.49-0.020.210.33-0.49
-0.95-0.11-0.510.83-0.94-0.95-0.23-0.910.97-0.96-0.91-0.91-0.950.760.95-0.91-0.890.76
0.40.45-0.51-0.030.390.60.950.67-0.420.430.330.350.42-0.54-0.240.350.26-0.54
-0.810.390.83-0.03-0.79-0.660.26-0.550.91-0.8-0.8-0.8-0.780.410.91-0.77-0.730.41
1.00.21-0.940.39-0.790.960.120.92-0.921.00.990.991.0-0.64-0.961.00.93-0.64
0.960.38-0.950.6-0.660.960.360.99-0.880.970.930.940.97-0.75-0.890.950.9-0.75
0.130.49-0.230.950.260.120.360.46-0.130.160.060.080.15-0.350.060.09-0.01-0.35
0.920.49-0.910.67-0.550.920.990.46-0.810.930.870.880.93-0.79-0.820.90.87-0.79
-0.930.10.97-0.420.91-0.92-0.88-0.13-0.81-0.93-0.91-0.91-0.920.610.95-0.89-0.820.61
1.00.2-0.960.43-0.81.00.970.160.93-0.930.990.991.0-0.65-0.960.990.92-0.65
0.990.15-0.910.33-0.80.990.930.060.87-0.910.991.00.99-0.53-0.941.00.89-0.53
0.990.16-0.910.35-0.80.990.940.080.88-0.910.991.00.99-0.55-0.941.00.9-0.55
1.00.24-0.950.42-0.781.00.970.150.93-0.921.00.990.99-0.66-0.950.990.93-0.66
-0.63-0.490.76-0.540.41-0.64-0.75-0.35-0.790.61-0.65-0.53-0.55-0.660.67-0.57-0.81.0
-0.96-0.020.95-0.240.91-0.96-0.890.06-0.820.95-0.96-0.94-0.94-0.950.67-0.93-0.940.67
0.990.21-0.910.35-0.771.00.950.090.9-0.890.991.01.00.99-0.57-0.930.91-0.57
0.920.33-0.890.26-0.730.930.9-0.010.87-0.820.920.890.90.93-0.8-0.940.91-0.8
-0.63-0.490.76-0.540.41-0.64-0.75-0.35-0.790.61-0.65-0.53-0.55-0.661.00.67-0.57-0.8
Click cells to compare fundamentals

About BBB Foods Financial Statements

BBB Foods stakeholders use historical fundamental indicators, such as BBB Foods' Asset Turnover, to determine how well the company is positioned to perform in the future. Although BBB Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in BBB Foods' assets and liabilities are reflected in the revenues and expenses on BBB Foods' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in BBB Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.35  4.83 
Asset Turnover 2.95  2.29 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether BBB Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BBB Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bbb Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bbb Foods Stock:
Check out the analysis of BBB Foods Correlation against competitors.
For information on how to trade BBB Stock refer to our How to Trade BBB Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BBB Foods. If investors know BBB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BBB Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.497
Earnings Share
(0.15)
Revenue Per Share
445.624
Quarterly Revenue Growth
0.275
The market value of BBB Foods is measured differently than its book value, which is the value of BBB that is recorded on the company's balance sheet. Investors also form their own opinion of BBB Foods' value that differs from its market value or its book value, called intrinsic value, which is BBB Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BBB Foods' market value can be influenced by many factors that don't directly affect BBB Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BBB Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if BBB Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BBB Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.