Walgreens Fixed Asset Turnover from 2010 to 2024

WBA Stock  USD 8.66  0.36  4.34%   
Walgreens Boots' Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 7.71 this year. From 2010 to 2024 Walgreens Boots Fixed Asset Turnover quarterly data regression line had arithmetic mean of  6.47 and r-squared of  0.14. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
4.90427793
Current Value
7.71
Quarterly Volatility
2.05015903
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Walgreens Boots financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Walgreens Boots' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 506.1 M or Total Revenue of 155 B, as well as many indicators such as Price To Sales Ratio of 0.0514, Dividend Yield of 0.17 or PTB Ratio of 0.73. Walgreens financial statements analysis is a perfect complement when working with Walgreens Boots Valuation or Volatility modules.
  
Check out the analysis of Walgreens Boots Correlation against competitors.

Latest Walgreens Boots' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Walgreens Boots Alliance over the last few years. It is Walgreens Boots' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Walgreens Boots' 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  

Walgreens Fixed Asset Turnover Regression Statistics

Arithmetic Mean6.47
Geometric Mean6.14
Coefficient Of Variation31.70
Mean Deviation1.75
Median6.23
Standard Deviation2.05
Sample Variance4.20
Range5.977
R-Value(0.38)
Mean Square Error3.88
R-Squared0.14
Significance0.17
Slope(0.17)
Total Sum of Squares58.84

Walgreens Fixed Asset Turnover History

2024 7.71
2023 4.9
2022 4.18
2021 4.02
2020 3.88
2019 3.48
2018 8.91

About Walgreens Boots Financial Statements

Walgreens Boots stakeholders use historical fundamental indicators, such as Walgreens Boots' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Walgreens Boots investors may analyze each financial statement separately, they are all interrelated. For example, changes in Walgreens Boots' assets and liabilities are reflected in the revenues and expenses on Walgreens Boots' 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 Walgreens Boots Alliance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.90  7.71 

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' 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 Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out the analysis of Walgreens Boots Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
1.915
Dividend Share
1.23
Earnings Share
(10.01)
Revenue Per Share
171.079
Quarterly Revenue Growth
0.06
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.