Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
YUM! Brands Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | YUM! Brands Inc. net fixed asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | YUM! Brands Inc. total asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | YUM! Brands Inc. equity turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Net Fixed Asset Turnover
YUM! Brands Inc., net fixed asset turnover calculation, comparison to benchmarks
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 13,105) | 13,279) | 13,084) | 13,633) | 12,626) | |
| Property, plant and equipment, net | 4,189) | 4,498) | 4,459) | 4,250) | 4,042) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 3.13 | 2.95 | 2.93 | 3.21 | 3.12 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Carnival Corp. & plc | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Net fixed asset turnover = Revenues ÷ Property, plant and equipment, net
= 13,105 ÷ 4,189 = 3.13
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | YUM! Brands Inc. net fixed asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Total Asset Turnover
YUM! Brands Inc., total asset turnover calculation, comparison to benchmarks
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 13,105) | 13,279) | 13,084) | 13,633) | 12,626) | |
| Total assets | 8,075) | 8,345) | 8,695) | 9,011) | 8,834) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 1.62 | 1.59 | 1.50 | 1.51 | 1.43 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Carnival Corp. & plc | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Total asset turnover = Revenues ÷ Total assets
= 13,105 ÷ 8,075 = 1.62
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | YUM! Brands Inc. total asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Equity Turnover
YUM! Brands Inc., equity turnover calculation, comparison to benchmarks
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 13,105) | 13,279) | 13,084) | 13,633) | 12,626) | |
| Shareholders’ equity, YUM! Brands, Inc. | 911) | 1,547) | 2,166) | 2,154) | 1,823) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 14.39 | 8.58 | 6.04 | 6.33 | 6.93 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Airbnb Inc. | — | — | — | — | — | |
| Booking Holdings Inc. | — | — | — | — | — | |
| Carnival Corp. & plc | — | — | — | — | — | |
| Chipotle Mexican Grill Inc. | — | — | — | — | — | |
| McDonald’s Corp. | — | — | — | — | — | |
| Starbucks Corp. | — | — | — | — | — | |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Equity turnover = Revenues ÷ Shareholders’ equity, YUM! Brands, Inc.
= 13,105 ÷ 911 = 14.39
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | YUM! Brands Inc. equity turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |