Covetrus Inc. Asset Turnover Ratio (CVET), as of second quarter 2022, current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Covetrus Inc.  (NASDAQ: CVET)
 

Covetrus Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Covetrus Inc. asset turnover ratio, the ability of Covetrus Inc.'s assets to generate revenue in the second quarter 2022, increased sequentially to 1.41 in the second quarter (Jun 30 2022), yet the ratio remained below the average, as CVET's position remain challenging.

Within sector 14 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2022 compared to the preceding quarter from 251 to 1770.

Asset Turnover Ratio Definition


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CVET Asset Turnover Ratio (Jun 30 2022)
II. Quarter		 (Mar 31 2022)
I. Quarter		 (Dec 31 2021)
IV. Quarter		 (Sep 30 2021)
III. Quarter		 (Jun 30 2021)
II. Quarter
Y / Y Asset Change -1.21 % 0.09 % -8.16 % -2.71 % -2.71 %
Y / Y Revenue Change 2.35 % 4.17 % 0.09 % 3.2 % 15.89 %
Asset Turnover Ratio (TTM) 1.41 1.4 1.39 1.36 1.34
CVET's Total Ranking # 1770 # 251 # 1766 # 532 # 1763
Seq. Asset Change -1.95 % 1.8 % -0.82 % -0.21 % -0.66 %
Seq. Revenue Change 6.01 % 2.32 % -3.44 % -2.27 % 7.89 %



Asset Turnover Ratio Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 15
Retail Sector # 159
Overall Market # 1770

Asset Turnover Ratio Statistics
High Average Low
7.88 6.85 3.84
(Mar 31 2022)   (Jun 30 2020)




CVET Company Profile • Back to CVET Efficiency Comparisons • Compare CVET Asset Turnover Ratio to its Competitors



Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2022, within Retail Sector Asset Turnover Ratio Revenues for 12 Months ending Jun 30 2022 Assets at quarter ending Jun 30 2022
United Natural Foods inc   3.70 $ 28,928.000  Millions$ 7,826.500  Millions
Addvantage Technologies Group Inc   3.48 $ 89.965  Millions$ 25.869  Millions
Costco Wholesale Corp  3.48 $ 217,538.000  Millions$ 62,586.750  Millions
Sysco Corporation  3.12 $ 68,635.524  Millions$ 21,984.748  Millions
Lazydays Holdings Inc   3.09 $ 1,709.705  Millions$ 552.667  Millions
Kroger Co  3.08 $ 150,628.000  Millions$ 48,862.250  Millions
Bj s Wholesale Club Holdings Inc   3.07 $ 18,222.176  Millions$ 5,944.096  Millions
Autonation Inc   2.97 $ 26,583.800  Millions$ 8,937.425  Millions
Arko Corp   2.93 $ 8,536.302  Millions$ 2,910.356  Millions
Pc Connection Inc   2.93 $ 3,168.395  Millions$ 1,080.440  Millions
Lulu s Fashion Lounge Holdings Inc   2.93 $ 445.574  Millions$ 152.319  Millions
Wayfair inc   2.91 $ 12,649.856  Millions$ 4,347.554  Millions
Albertsons Companies Inc   2.89 $ 79,690.200  Millions$ 27,571.325  Millions
Sonic Automotive Inc   2.86 $ 13,219.756  Millions$ 4,627.691  Millions
Kaspien Holdings Inc   2.82 $ 133.904  Millions$ 47.460  Millions
Rite Aid Corp  2.72 $ 24,421.853  Millions$ 8,985.373  Millions
Ingles Markets Incorporated  2.64 $ 5,562.272  Millions$ 2,108.979  Millions
Best Buy Co Inc   2.61 $ 44,536.000  Millions$ 17,069.000  Millions
Group 1 Automotive Inc  2.61 $ 14,761.100  Millions$ 5,662.350  Millions
Domino s Pizza Inc   2.61 $ 4,417.534  Millions$ 1,695.206  Millions
Casey s General Stores Inc   2.61 $ 14,225.244  Millions$ 5,459.731  Millions
Travelcenters Of America Inc   2.59 $ 9,349.589  Millions$ 3,615.729  Millions
Winmark Corporation  2.57 $ 79.648  Millions$ 31.049  Millions
Us Foods Holding Corp   2.49 $ 32,154.000  Millions$ 12,907.750  Millions
Evo Transportation and Energy Services Inc   2.44 $ 306.370  Millions$ 125.782  Millions
Stitch Fix Inc   2.40 $ 2,072.812  Millions$ 863.963  Millions
The Alkaline Water Company Inc   2.38 $ 63.377  Millions$ 26.596  Millions
Envela Corporation  2.38 $ 171.806  Millions$ 72.267  Millions
Walmart Inc   2.35 $ 577,823.000  Millions$ 245,763.000  Millions
Shift Technologies Inc   2.32 $ 819.328  Millions$ 353.186  Millions



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