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)
Estée Lauder Cos. Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-K (filing date: 2020-08-28), 10-Q (filing date: 2020-05-01), 10-Q (filing date: 2020-02-06), 10-Q (filing date: 2019-10-31), 10-K (filing date: 2019-08-23), 10-Q (filing date: 2019-05-01), 10-Q (filing date: 2019-02-05), 10-Q (filing date: 2018-10-31), 10-K (filing date: 2018-08-24), 10-Q (filing date: 2018-05-02), 10-Q (filing date: 2018-02-02), 10-Q (filing date: 2017-11-01), 10-K (filing date: 2017-08-25), 10-Q (filing date: 2017-05-03), 10-Q (filing date: 2017-02-02), 10-Q (filing date: 2016-11-02), 10-K (filing date: 2016-08-24), 10-Q (filing date: 2016-05-03), 10-Q (filing date: 2016-02-05), 10-Q (filing date: 2015-11-02), 10-K (filing date: 2015-08-20), 10-Q (filing date: 2015-05-05), 10-Q (filing date: 2015-02-05), 10-Q (filing date: 2014-11-04).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Estée Lauder Cos. Inc.’s net fixed asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
| 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). | Estée Lauder Cos. Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Estée Lauder Cos. Inc.’s total asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Estée Lauder Cos. Inc.’s equity turnover ratio improved from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Net Fixed Asset Turnover
Estée Lauder Cos. Inc., net fixed asset turnover calculation (quarterly data)
| Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net sales | 2,430 | 3,345 | 4,624 | 3,895 | 3,590 | 3,744 | 4,005 | 3,524 | 3,295 | 3,370 | 3,744 | 3,274 | 2,894 | 2,857 | 3,208 | 2,865 | 2,646 | 2,657 | 3,125 | 2,835 | 2,524 | 2,581 | 3,045 | 2,631 | |||||||
| Property, plant and equipment, net | 2,055 | 2,092 | 2,086 | 2,018 | 2,068 | 1,891 | 1,859 | 1,838 | 1,823 | 1,726 | 1,728 | 1,695 | 1,671 | 1,576 | 1,563 | 1,569 | 1,583 | 1,511 | 1,497 | 1,469 | 1,490 | 1,398 | 1,434 | 1,444 | |||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 6.96 | 7.39 | 7.60 | 7.55 | 7.19 | 7.70 | 7.64 | 7.58 | 7.51 | 7.70 | 7.39 | 7.22 | 7.08 | 7.35 | 7.28 | 7.20 | 7.11 | 7.38 | 7.39 | 7.48 | 7.23 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||
| Colgate-Palmolive Co. | — | — | 4.58 | 4.56 | 4.18 | 4.20 | 4.06 | 4.04 | 4.01 | 4.04 | 4.03 | 3.84 | 3.80 | 3.82 | 3.86 | 3.91 | 3.96 | 4.01 | 4.05 | 4.12 | 4.22 | — | — | — | |||||||
| Kimberly-Clark Corp. | — | — | 2.56 | 2.61 | 2.48 | 2.58 | 2.55 | 2.58 | 2.58 | 2.63 | 2.63 | 2.53 | 2.46 | 2.49 | 2.51 | 2.51 | 2.54 | 2.53 | 2.55 | 2.56 | 2.62 | — | — | — | |||||||
| Nike Inc. | 7.69 | 8.63 | 8.74 | 8.63 | 8.25 | 8.26 | 8.30 | 8.31 | 8.17 | 8.21 | 8.44 | 8.41 | 8.61 | 8.94 | 9.40 | 9.24 | 9.20 | 9.59 | 9.69 | 9.97 | 10.16 | — | — | — | |||||||
Based on: 10-K (filing date: 2020-08-28), 10-Q (filing date: 2020-05-01), 10-Q (filing date: 2020-02-06), 10-Q (filing date: 2019-10-31), 10-K (filing date: 2019-08-23), 10-Q (filing date: 2019-05-01), 10-Q (filing date: 2019-02-05), 10-Q (filing date: 2018-10-31), 10-K (filing date: 2018-08-24), 10-Q (filing date: 2018-05-02), 10-Q (filing date: 2018-02-02), 10-Q (filing date: 2017-11-01), 10-K (filing date: 2017-08-25), 10-Q (filing date: 2017-05-03), 10-Q (filing date: 2017-02-02), 10-Q (filing date: 2016-11-02), 10-K (filing date: 2016-08-24), 10-Q (filing date: 2016-05-03), 10-Q (filing date: 2016-02-05), 10-Q (filing date: 2015-11-02), 10-K (filing date: 2015-08-20), 10-Q (filing date: 2015-05-05), 10-Q (filing date: 2015-02-05), 10-Q (filing date: 2014-11-04).
1 Q4 2020 Calculation
Net fixed asset turnover
= (Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020
+ Net salesQ1 2020)
÷ Property, plant and equipment, net
= (2,430 + 3,345 + 4,624 + 3,895)
÷ 2,055 = 6.96
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. | Estée Lauder Cos. Inc.’s net fixed asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Estée Lauder Cos. Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
| Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net sales | 2,430 | 3,345 | 4,624 | 3,895 | 3,590 | 3,744 | 4,005 | 3,524 | 3,295 | 3,370 | 3,744 | 3,274 | 2,894 | 2,857 | 3,208 | 2,865 | 2,646 | 2,657 | 3,125 | 2,835 | 2,524 | 2,581 | 3,045 | 2,631 | |||||||
| Property, plant and equipment, net | 2,055 | 2,092 | 2,086 | 2,018 | 2,068 | 1,891 | 1,859 | 1,838 | 1,823 | 1,726 | 1,728 | 1,695 | 1,671 | 1,576 | 1,563 | 1,569 | 1,583 | 1,511 | 1,497 | 1,469 | 1,490 | 1,398 | 1,434 | 1,444 | |||||||
| Operating lease right-of-use assets | 2,282 | 2,446 | 2,517 | 2,516 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Property, plant and equipment, net (including operating lease, right-of-use asset) | 4,337 | 4,538 | 4,603 | 4,534 | 2,068 | 1,891 | 1,859 | 1,838 | 1,823 | 1,726 | 1,728 | 1,695 | 1,671 | 1,576 | 1,563 | 1,569 | 1,583 | 1,511 | 1,497 | 1,469 | 1,490 | 1,398 | 1,434 | 1,444 | |||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 3.30 | 3.41 | 3.44 | 3.36 | 7.19 | 7.70 | 7.64 | 7.58 | 7.51 | 7.70 | 7.39 | 7.22 | 7.08 | 7.35 | 7.28 | 7.20 | 7.11 | 7.38 | 7.39 | 7.48 | 7.23 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||||||||||||||||||||||||||
| Nike Inc. | 4.70 | 5.37 | 5.40 | 5.35 | 8.25 | 8.26 | 8.30 | 8.31 | 8.17 | 8.21 | 8.44 | 8.41 | 8.61 | 8.94 | 9.40 | 9.24 | 9.20 | 9.59 | 9.69 | 9.97 | 10.16 | — | — | — | |||||||
Based on: 10-K (filing date: 2020-08-28), 10-Q (filing date: 2020-05-01), 10-Q (filing date: 2020-02-06), 10-Q (filing date: 2019-10-31), 10-K (filing date: 2019-08-23), 10-Q (filing date: 2019-05-01), 10-Q (filing date: 2019-02-05), 10-Q (filing date: 2018-10-31), 10-K (filing date: 2018-08-24), 10-Q (filing date: 2018-05-02), 10-Q (filing date: 2018-02-02), 10-Q (filing date: 2017-11-01), 10-K (filing date: 2017-08-25), 10-Q (filing date: 2017-05-03), 10-Q (filing date: 2017-02-02), 10-Q (filing date: 2016-11-02), 10-K (filing date: 2016-08-24), 10-Q (filing date: 2016-05-03), 10-Q (filing date: 2016-02-05), 10-Q (filing date: 2015-11-02), 10-K (filing date: 2015-08-20), 10-Q (filing date: 2015-05-05), 10-Q (filing date: 2015-02-05), 10-Q (filing date: 2014-11-04).
1 Q4 2020 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020
+ Net salesQ1 2020)
÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= (2,430 + 3,345 + 4,624 + 3,895)
÷ 4,337 = 3.30
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). | Estée Lauder Cos. Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Total Asset Turnover
Estée Lauder Cos. Inc., total asset turnover calculation (quarterly data)
| Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net sales | 2,430 | 3,345 | 4,624 | 3,895 | 3,590 | 3,744 | 4,005 | 3,524 | 3,295 | 3,370 | 3,744 | 3,274 | 2,894 | 2,857 | 3,208 | 2,865 | 2,646 | 2,657 | 3,125 | 2,835 | 2,524 | 2,581 | 3,045 | 2,631 | |||||||
| Total assets | 17,781 | 18,363 | 17,937 | 15,431 | 13,156 | 12,931 | 12,676 | 12,543 | 12,567 | 12,772 | 12,604 | 12,202 | 11,568 | 11,445 | 11,212 | 9,348 | 9,223 | 8,816 | 8,582 | 8,425 | 8,239 | 8,095 | 7,857 | 7,664 | |||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||
| Total asset turnover1 | 0.80 | 0.84 | 0.88 | 0.99 | 1.13 | 1.13 | 1.12 | 1.11 | 1.09 | 1.04 | 1.01 | 1.00 | 1.02 | 1.01 | 1.01 | 1.21 | 1.22 | 1.26 | 1.29 | 1.30 | 1.31 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||
| Colgate-Palmolive Co. | — | — | 1.05 | 1.06 | 1.04 | 1.03 | 1.17 | 1.20 | 1.28 | 1.24 | 1.25 | 1.19 | 1.22 | 1.20 | 1.21 | 1.22 | 1.25 | 1.22 | 1.24 | 1.26 | 1.34 | — | — | — | |||||||
| Kimberly-Clark Corp. | — | — | 1.17 | 1.20 | 1.21 | 1.23 | 1.20 | 1.21 | 1.27 | 1.27 | 1.27 | 1.21 | 1.21 | 1.21 | 1.21 | 1.23 | 1.25 | 1.22 | 1.24 | 1.24 | 1.25 | — | — | — | |||||||
| Nike Inc. | 1.19 | 1.57 | 1.53 | 1.52 | 1.65 | 1.69 | 1.68 | 1.66 | 1.62 | 1.56 | 1.44 | 1.45 | 1.48 | 1.46 | 1.48 | 1.56 | 1.51 | 1.52 | 1.39 | 1.49 | 1.42 | — | — | — | |||||||
Based on: 10-K (filing date: 2020-08-28), 10-Q (filing date: 2020-05-01), 10-Q (filing date: 2020-02-06), 10-Q (filing date: 2019-10-31), 10-K (filing date: 2019-08-23), 10-Q (filing date: 2019-05-01), 10-Q (filing date: 2019-02-05), 10-Q (filing date: 2018-10-31), 10-K (filing date: 2018-08-24), 10-Q (filing date: 2018-05-02), 10-Q (filing date: 2018-02-02), 10-Q (filing date: 2017-11-01), 10-K (filing date: 2017-08-25), 10-Q (filing date: 2017-05-03), 10-Q (filing date: 2017-02-02), 10-Q (filing date: 2016-11-02), 10-K (filing date: 2016-08-24), 10-Q (filing date: 2016-05-03), 10-Q (filing date: 2016-02-05), 10-Q (filing date: 2015-11-02), 10-K (filing date: 2015-08-20), 10-Q (filing date: 2015-05-05), 10-Q (filing date: 2015-02-05), 10-Q (filing date: 2014-11-04).
1 Q4 2020 Calculation
Total asset turnover
= (Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020
+ Net salesQ1 2020)
÷ Total assets
= (2,430 + 3,345 + 4,624 + 3,895)
÷ 17,781 = 0.80
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. | Estée Lauder Cos. Inc.’s total asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Equity Turnover
Estée Lauder Cos. Inc., equity turnover calculation (quarterly data)
| Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||
| Net sales | 2,430 | 3,345 | 4,624 | 3,895 | 3,590 | 3,744 | 4,005 | 3,524 | 3,295 | 3,370 | 3,744 | 3,274 | 2,894 | 2,857 | 3,208 | 2,865 | 2,646 | 2,657 | 3,125 | 2,835 | 2,524 | 2,581 | 3,045 | 2,631 | |||||||
| Stockholders’ equity, The Estée Lauder Companies Inc. | 3,935 | 4,329 | 4,574 | 4,530 | 4,386 | 4,588 | 4,306 | 4,406 | 4,688 | 4,711 | 4,565 | 4,731 | 4,384 | 4,119 | 3,793 | 3,657 | 3,572 | 3,812 | 3,604 | 3,490 | 3,643 | 3,855 | 3,818 | 3,780 | |||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||
| Equity turnover1 | 3.63 | 3.57 | 3.47 | 3.36 | 3.39 | 3.18 | 3.30 | 3.16 | 2.92 | 2.82 | 2.80 | 2.59 | 2.70 | 2.81 | 3.00 | 3.09 | 3.15 | 2.92 | 3.07 | 3.15 | 2.96 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | |||||||||||||||||||||||||||||||
| Colgate-Palmolive Co. | — | — | 59.47 | — | 134.13 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Kimberly-Clark Corp. | — | — | 70.31 | — | — | — | — | — | — | — | — | 58.38 | 29.03 | 70.35 | 178.19 | 133.89 | — | 60.86 | 93.47 | 168.59 | — | — | — | — | |||||||
| Nike Inc. | 4.64 | 4.56 | 4.36 | 4.33 | 4.33 | 4.32 | 4.36 | 4.15 | 3.71 | 3.61 | 2.95 | 2.86 | 2.77 | 2.67 | 2.72 | 2.71 | 2.64 | 2.59 | 2.34 | 2.41 | 2.41 | — | — | — | |||||||
Based on: 10-K (filing date: 2020-08-28), 10-Q (filing date: 2020-05-01), 10-Q (filing date: 2020-02-06), 10-Q (filing date: 2019-10-31), 10-K (filing date: 2019-08-23), 10-Q (filing date: 2019-05-01), 10-Q (filing date: 2019-02-05), 10-Q (filing date: 2018-10-31), 10-K (filing date: 2018-08-24), 10-Q (filing date: 2018-05-02), 10-Q (filing date: 2018-02-02), 10-Q (filing date: 2017-11-01), 10-K (filing date: 2017-08-25), 10-Q (filing date: 2017-05-03), 10-Q (filing date: 2017-02-02), 10-Q (filing date: 2016-11-02), 10-K (filing date: 2016-08-24), 10-Q (filing date: 2016-05-03), 10-Q (filing date: 2016-02-05), 10-Q (filing date: 2015-11-02), 10-K (filing date: 2015-08-20), 10-Q (filing date: 2015-05-05), 10-Q (filing date: 2015-02-05), 10-Q (filing date: 2014-11-04).
1 Q4 2020 Calculation
Equity turnover
= (Net salesQ4 2020
+ Net salesQ3 2020
+ Net salesQ2 2020
+ Net salesQ1 2020)
÷ Stockholders’ equity, The Estée Lauder Companies Inc.
= (2,430 + 3,345 + 4,624 + 3,895)
÷ 3,935 = 3.63
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. | Estée Lauder Cos. Inc.’s equity turnover ratio improved from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |