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)
Based on: 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Starbucks Corp. net fixed asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Starbucks Corp. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2020 to 2021 and from 2021 to 2022. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Starbucks Corp. total asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net Fixed Asset Turnover
Oct 2, 2022 | Oct 3, 2021 | Sep 27, 2020 | Sep 29, 2019 | Sep 30, 2018 | Oct 1, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Net revenues | 32,250,300) | 29,060,600) | 23,518,000) | 26,508,600) | 24,719,500) | 22,386,800) | |
Property, plant and equipment, net | 6,560,500) | 6,369,500) | 6,241,400) | 6,431,700) | 5,929,100) | 4,919,500) | |
Long-term Activity Ratio | |||||||
Net fixed asset turnover1 | 4.92 | 4.56 | 3.77 | 4.12 | 4.17 | 4.55 | |
Benchmarks | |||||||
Net Fixed Asset Turnover, Competitors2 | |||||||
Carnival Corp. & plc | 0.31 | 0.05 | 0.15 | 0.55 | 0.53 | 0.51 | |
McDonald’s Corp. | 0.98 | 0.94 | 0.77 | 0.87 | 0.92 | — | |
Net Fixed Asset Turnover, Sector | |||||||
Consumer Services | 0.98 | 0.78 | 0.70 | 1.00 | 1.01 | — | |
Net Fixed Asset Turnover, Industry | |||||||
Consumer Discretionary | 3.17 | 3.00 | 2.95 | 3.23 | 3.19 | — |
Based on: 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01).
1 2022 Calculation
Net fixed asset turnover = Net revenues ÷ Property, plant and equipment, net
= 32,250,300 ÷ 6,560,500 = 4.92
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. | Starbucks Corp. net fixed asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Starbucks Corp., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
Oct 2, 2022 | Oct 3, 2021 | Sep 27, 2020 | Sep 29, 2019 | Sep 30, 2018 | Oct 1, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Net revenues | 32,250,300) | 29,060,600) | 23,518,000) | 26,508,600) | 24,719,500) | 22,386,800) | |
Property, plant and equipment, net | 6,560,500) | 6,369,500) | 6,241,400) | 6,431,700) | 5,929,100) | 4,919,500) | |
Operating lease, right-of-use asset | 8,015,600) | 8,236,000) | 8,134,100) | —) | —) | —) | |
Property, plant and equipment, net (including operating lease, right-of-use asset) | 14,576,100) | 14,605,500) | 14,375,500) | 6,431,700) | 5,929,100) | 4,919,500) | |
Long-term Activity Ratio | |||||||
Net fixed asset turnover (including operating lease, right-of-use asset)1 | 2.21 | 1.99 | 1.64 | 4.12 | 4.17 | 4.55 | |
Benchmarks | |||||||
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||
Carnival Corp. & plc | 0.30 | 0.05 | 0.14 | 0.55 | 0.53 | 0.51 | |
McDonald’s Corp. | 0.64 | 0.61 | 0.50 | 0.56 | 0.92 | — | |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | |||||||
Consumer Services | 0.74 | 0.59 | 0.52 | 0.83 | 1.01 | — | |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | |||||||
Consumer Discretionary | 2.50 | 2.37 | 2.35 | 2.81 | 3.19 | — |
Based on: 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01).
1 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net revenues ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= 32,250,300 ÷ 14,576,100 = 2.21
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Starbucks Corp. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2020 to 2021 and from 2021 to 2022. |
Total Asset Turnover
Oct 2, 2022 | Oct 3, 2021 | Sep 27, 2020 | Sep 29, 2019 | Sep 30, 2018 | Oct 1, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Net revenues | 32,250,300) | 29,060,600) | 23,518,000) | 26,508,600) | 24,719,500) | 22,386,800) | |
Total assets | 27,978,400) | 31,392,600) | 29,374,500) | 19,219,600) | 24,156,400) | 14,365,600) | |
Long-term Activity Ratio | |||||||
Total asset turnover1 | 1.15 | 0.93 | 0.80 | 1.38 | 1.02 | 1.56 | |
Benchmarks | |||||||
Total Asset Turnover, Competitors2 | |||||||
Carnival Corp. & plc | 0.24 | 0.04 | 0.10 | 0.46 | 0.45 | 0.43 | |
McDonald’s Corp. | 0.46 | 0.43 | 0.36 | 0.44 | 0.64 | — | |
Total Asset Turnover, Sector | |||||||
Consumer Services | 0.52 | 0.39 | 0.36 | 0.61 | 0.65 | — | |
Total Asset Turnover, Industry | |||||||
Consumer Discretionary | 0.96 | 0.89 | 0.84 | 0.94 | 0.96 | — |
Based on: 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01).
1 2022 Calculation
Total asset turnover = Net revenues ÷ Total assets
= 32,250,300 ÷ 27,978,400 = 1.15
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. | Starbucks Corp. total asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Equity Turnover
Oct 2, 2022 | Oct 3, 2021 | Sep 27, 2020 | Sep 29, 2019 | Sep 30, 2018 | Oct 1, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Net revenues | 32,250,300) | 29,060,600) | 23,518,000) | 26,508,600) | 24,719,500) | 22,386,800) | |
Shareholders’ equity (deficit) | (8,706,600) | (5,321,200) | (7,805,100) | (6,232,200) | 1,169,500) | 5,450,100) | |
Long-term Activity Ratio | |||||||
Equity turnover1 | — | — | — | — | 21.14 | 4.11 | |
Benchmarks | |||||||
Equity Turnover, Competitors2 | |||||||
Carnival Corp. & plc | 1.72 | 0.16 | 0.27 | 0.82 | 0.77 | 0.72 | |
McDonald’s Corp. | — | — | — | — | — | — | |
Equity Turnover, Sector | |||||||
Consumer Services | — | 24.39 | 9.81 | 6.26 | 3.34 | — | |
Equity Turnover, Industry | |||||||
Consumer Discretionary | 4.33 | 3.77 | 4.51 | 5.15 | 4.92 | — |
Based on: 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01).
1 2022 Calculation
Equity turnover = Net revenues ÷ Shareholders’ equity (deficit)
= 32,250,300 ÷ -8,706,600 = —
2 Click competitor name to see calculations.