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John Bnfilippo & Son (John Bnfilippo & Son) Asset Turnover : 0.56 (As of Mar. 2024)


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What is John Bnfilippo & Son Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. John Bnfilippo & Son's Revenue for the three months ended in Mar. 2024 was $272 Mil. John Bnfilippo & Son's Total Assets for the quarter that ended in Mar. 2024 was $488 Mil. Therefore, John Bnfilippo & Son's Asset Turnover for the quarter that ended in Mar. 2024 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. John Bnfilippo & Son's annualized ROE % for the quarter that ended in Mar. 2024 was 17.14%. It is also linked to ROA % through Du Pont Formula. John Bnfilippo & Son's annualized ROA % for the quarter that ended in Mar. 2024 was 11.04%.


John Bnfilippo & Son Asset Turnover Historical Data

The historical data trend for John Bnfilippo & Son's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Bnfilippo & Son Asset Turnover Chart

John Bnfilippo & Son Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.20 2.13 2.26 2.29

John Bnfilippo & Son Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.54 0.55 0.64 0.56

Competitive Comparison of John Bnfilippo & Son's Asset Turnover

For the Packaged Foods subindustry, John Bnfilippo & Son's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Bnfilippo & Son's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, John Bnfilippo & Son's Asset Turnover distribution charts can be found below:

* The bar in red indicates where John Bnfilippo & Son's Asset Turnover falls into.



John Bnfilippo & Son Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

John Bnfilippo & Son's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=999.686/( (447.262+425.287)/ 2 )
=999.686/436.2745
=2.29

John Bnfilippo & Son's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=271.884/( (484.459+491.928)/ 2 )
=271.884/488.1935
=0.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


John Bnfilippo & Son  (NAS:JBSS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

John Bnfilippo & Son's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=53.908/314.5245
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(53.908 / 1087.536)*(1087.536 / 488.1935)*(488.1935/ 314.5245)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.96 %*2.2277*1.5522
=ROA %*Equity Multiplier
=11.04 %*1.5522
=17.14 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

John Bnfilippo & Son's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=53.908/488.1935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(53.908 / 1087.536)*(1087.536 / 488.1935)
=Net Margin %*Asset Turnover
=4.96 %*2.2277
=11.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


John Bnfilippo & Son Asset Turnover Related Terms

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John Bnfilippo & Son (John Bnfilippo & Son) Business Description

Traded in Other Exchanges
Address
1703 North Randall Road, Elgin, IL, USA, 60123
John B Sanfilippo & Son Inc is one of the processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts in the United States. These nuts are sold under a variety of private brands and under the Fisher, Orchard Valley Harvest, and Sunshine Country brand names. It also market and distribute, and in the majority of cases, manufacture or process, a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snacks and trail mixes, snack bites, sunflower kernels, dried fruit, corn snacks, sesame sticks and other sesame snack products under private brands and brand names.
Executives
Jeffrey T Sanfilippo director, officer: Exec VP Sales & Marketing 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
James J Sanfilippo other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Ellen Taaffe director 1703 N. RANDALL ROAD, ELGIN IL 60123
Sanfilippo Jasper Brian Jr officer: Exec VP, Assist. Secretary 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Lisa Evon other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
John E Sanfilippo other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Michael J Finn officer: VP, Corporate Controller 1703 N RANDALL ROAD, ELGIN IL 60123-7820
Gina M Lakatos officer: VP, General Counsel, Secretary 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Julia A Pronitcheva officer: SVP Human Resources 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mercedes Romero director 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Pamela Forbes Lieberman director 3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Daniel M Wright director 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mathias A Valentine director, officer: President 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Howard Brandeisky officer: VP, Global Marketing 1703 N. RANDALL ROAD, ELGIN IL 60123
Timothy R Donovan director 1703 N. RANDALL ROAD, ELGIN IL 60123

John Bnfilippo & Son (John Bnfilippo & Son) Headlines