Stock Analysis on Net
Stock Analysis on Net

Kraft Heinz Co. (NASDAQ:KHC)

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Beginner level

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)

Kraft Heinz Co., long-term (investment) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Net fixed asset turnover 3.75 3.70 3.54 3.66 3.65 3.69 3.71 3.64 3.61 3.60 3.68 3.78 3.84 3.93 3.96 4.12 4.14 3.49 2.81
Total asset turnover 0.26 0.24 0.25 0.25 0.25 0.25 0.25 0.22 0.21 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.18 0.15
Equity turnover 0.52 0.49 0.48 0.49 0.50 0.50 0.51 0.40 0.40 0.40 0.40 0.45 0.45 0.46 0.46 0.46 0.46 0.39 0.32

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-13), 10-Q (filing date: 2019-08-13), 10-K (filing date: 2019-06-07), 10-Q (filing date: 2018-11-02), 10-Q (filing date: 2018-08-03), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-16), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-04), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-23), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-05), 10-K (filing date: 2016-03-03), 10-Q (filing date: 2015-11-06), 10-Q (filing date: 2015-08-10), S-4/A (filing date: 2015-05-18).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Kraft Heinz Co.’s net fixed asset turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Kraft Heinz Co.’s total asset turnover ratio deteriorated from Q4 2019 to Q1 2020 but then improved from Q1 2020 to Q2 2020 exceeding Q4 2019 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Kraft Heinz Co.’s equity turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Net Fixed Asset Turnover

Kraft Heinz Co., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Selected Financial Data (US$ in millions)
Net sales 6,648  6,157  6,536  6,076  6,406  5,959  6,891  6,383  6,690  6,304  6,877  6,314  6,677  6,364  6,857  6,267  6,793  6,570  7,124  6,120  2,616  2,478 
Property, plant and equipment, net 6,777  6,813  7,055  6,926  7,023  7,031  7,078  7,216  7,258  7,267  7,120  6,934  6,808  6,693  6,688  6,490  6,423  6,434  6,524  6,432  2,253  2,266 
Long-term Activity Ratio
Net fixed asset turnover1 3.75 3.70 3.54 3.66 3.65 3.69 3.71 3.64 3.61 3.60 3.68 3.78 3.84 3.93 3.96 4.12 4.14 3.49 2.81
Benchmarks
Net Fixed Asset Turnover, Competitors2
Mondelēz International Inc. 3.09 3.23 2.96 3.09 3.00 3.02 3.06 3.11 3.15 2.99 2.98 3.01 3.03 3.09 3.15 3.13 3.20 3.32 3.54

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-13), 10-Q (filing date: 2019-08-13), 10-K (filing date: 2019-06-07), 10-Q (filing date: 2018-11-02), 10-Q (filing date: 2018-08-03), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-16), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-04), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-23), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-05), 10-K (filing date: 2016-03-03), 10-Q (filing date: 2015-11-06), 10-Q (filing date: 2015-08-10), S-4/A (filing date: 2015-05-18).

1 Q2 2020 Calculation
Net fixed asset turnover = (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019) ÷ Property, plant and equipment, net
= (6,648 + 6,157 + 6,536 + 6,076) ÷ 6,777 = 3.75

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. Kraft Heinz Co.’s net fixed asset turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Total Asset Turnover

Kraft Heinz Co., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Selected Financial Data (US$ in millions)
Net sales 6,648  6,157  6,536  6,076  6,406  5,959  6,891  6,383  6,690  6,304  6,877  6,314  6,677  6,364  6,857  6,267  6,793  6,570  7,124  6,120  2,616  2,478 
Total assets 98,306  104,073  101,450  102,822  103,201  103,562  103,461  119,730  121,896  120,787  120,232  120,051  119,416  120,802  120,480  121,080  121,684  123,273  122,973  121,792  36,062  36,293 
Long-term Activity Ratio
Total asset turnover1 0.26 0.24 0.25 0.25 0.25 0.25 0.25 0.22 0.21 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.18 0.15
Benchmarks
Total Asset Turnover, Competitors2
Mondelēz International Inc. 0.40 0.41 0.40 0.40 0.40 0.40 0.41 0.41 0.42 0.41 0.41 0.41 0.41 0.42 0.42 0.42 0.43 0.44 0.47

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-13), 10-Q (filing date: 2019-08-13), 10-K (filing date: 2019-06-07), 10-Q (filing date: 2018-11-02), 10-Q (filing date: 2018-08-03), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-16), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-04), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-23), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-05), 10-K (filing date: 2016-03-03), 10-Q (filing date: 2015-11-06), 10-Q (filing date: 2015-08-10), S-4/A (filing date: 2015-05-18).

1 Q2 2020 Calculation
Total asset turnover = (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019) ÷ Total assets
= (6,648 + 6,157 + 6,536 + 6,076) ÷ 98,306 = 0.26

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. Kraft Heinz Co.’s total asset turnover ratio deteriorated from Q4 2019 to Q1 2020 but then improved from Q1 2020 to Q2 2020 exceeding Q4 2019 level.

Equity Turnover

Kraft Heinz Co., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Selected Financial Data (US$ in millions)
Net sales 6,648  6,157  6,536  6,076  6,406  5,959  6,891  6,383  6,690  6,304  6,877  6,314  6,677  6,364  6,857  6,267  6,793  6,570  7,124  6,120  2,616  2,478 
Shareholders’ equity 49,040  51,009  51,623  51,673  51,543  51,703  51,657  65,385  65,677  66,248  66,034  58,759  58,333  57,732  57,358  57,642  57,826  58,043  57,685  58,811  6,739  6,810 
Long-term Activity Ratio
Equity turnover1 0.52 0.49 0.48 0.49 0.50 0.50 0.51 0.40 0.40 0.40 0.40 0.45 0.45 0.46 0.46 0.46 0.46 0.39 0.32
Benchmarks
Equity Turnover, Competitors2
Mondelēz International Inc. 0.99 1.01 0.95 0.96 0.98 1.00 1.01 1.03 1.05 0.99 0.99 0.99 0.99 1.01 1.03 0.96 0.98 1.02 1.06

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-08-13), 10-Q (filing date: 2019-08-13), 10-K (filing date: 2019-06-07), 10-Q (filing date: 2018-11-02), 10-Q (filing date: 2018-08-03), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-16), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-04), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-23), 10-Q (filing date: 2016-11-04), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-05), 10-K (filing date: 2016-03-03), 10-Q (filing date: 2015-11-06), 10-Q (filing date: 2015-08-10), S-4/A (filing date: 2015-05-18).

1 Q2 2020 Calculation
Equity turnover = (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019) ÷ Shareholders’ equity
= (6,648 + 6,157 + 6,536 + 6,076) ÷ 49,040 = 0.52

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. Kraft Heinz Co.’s equity turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.