Sovos Brands Inc Asset Turnover Ratio (SOVO), as of fourth quarter 2023, current and historic results, rankings and more - CSIMarket
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Sovos Brands Inc  (NASDAQ: SOVO)
 

Sovos Brands Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Sovos Brands Inc asset turnover ratio, the ability of Sovos Brands Inc's assets to generate revenue in the fourth quarter 2023, increased sequentially to 0.86 in the fourth quarter (Dec 30 2023), yet the ratio remained below the average, as SOVO's position remain challenging.

Within sector 25 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 fourth quarter 2023 compared to the preceding quarter from 1138 to 1195.

Asset Turnover Ratio Definition



SOVO Asset Turnover Ratio (Dec 30 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Asset Change 6.71 % 1.54 % 0.96 % -1.8 % -1.38 %
Y / Y Revenue Change 11.6 % 23.26 % 9.76 % 20.42 % 38.5 %
Asset Turnover Ratio (TTM) 0.86 0.85 0.81 0.8 0.76
SOVO's Total Ranking # 1195 # 1138 # 1217 # 1217 # 1217
Seq. Asset Change 3.35 % 2.51 % -0.02 % 0.75 % -1.66 %
Seq. Revenue Change 13.59 % 18.82 % -14.27 % -3.55 % 25.46 %



Asset Turnover Ratio Company Ranking
Within: No.
Food Processing Industry # 26
Consumer Non Cyclical Sector # 84
Overall Market # 1195

Asset Turnover Ratio Statistics
High Average Low
11.46 9.45 5.3
(Dec 30 2023)   (Jun 25 2022)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 30 2023, within Consumer Non Cyclical Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 30 2023 Assets at quarter ending Dec 30 2023
Chs Inc   2.29 $ 44,214.819  Millions$ 19,320.075  Millions
Calavo Growers Inc  2.18 $ 872.220  Millions$ 400.909  Millions
Tofutti Brands Inc   2.16 $ 9.797  Millions$ 4.538  Millions
Lifeway Foods Inc   2.09 $ 159.441  Millions$ 76.132  Millions
Barfresh Food Group Inc   1.98 $ 8.090  Millions$ 4.085  Millions
The Vita Coco Company Inc   1.96 $ 492.729  Millions$ 251.790  Millions
South Dakota Soybean Processors Llc  1.94 $ 701.527  Millions$ 362.427  Millions
Vital Farms Inc   1.91 $ 471.326  Millions$ 247.080  Millions
Chase General Corp  1.88 $ 3.453  Millions$ 1.838  Millions
Reed s Inc   1.86 $ 40.712  Millions$ 21.848  Millions
National Beverage Corp   1.81 $ 1,181.078  Millions$ 651.879  Millions
Dole Plc  1.79 $ 8,245.268  Millions$ 4,596.800  Millions
Pilgrim s Pride Corporation  1.79 $ 17,361.401  Millions$ 9,722.048  Millions
Coffee Holding Co Inc   1.77 $ 69.328  Millions$ 39.103  Millions
Archer daniels midland Co  1.68 $ 93,935.000  Millions$ 56,006.250  Millions
The Marzetti Company  1.65 $ 1,864.827  Millions$ 1,128.512  Millions
Twinlab Consolidated Holdings Inc   1.65 $ 20.272  Millions$ 12.290  Millions
Coca cola Consolidated Inc   1.64 $ 6,653.711  Millions$ 4,056.114  Millions
Intelligent Hotel Group Ltd.  1.62 $ 0.510  Millions$ 0.316  Millions
Brc Inc   1.60 $ 395.448  Millions$ 246.605  Millions
Laird Superfood Inc   1.58 $ 33.313  Millions$ 21.043  Millions
Ricebran Technologies  1.57 $ 22.589  Millions$ 14.396  Millions
Srx Health Solutions Inc   1.56 $ 37.797  Millions$ 24.187  Millions
Niagen Bioscience Inc   1.55 $ 83.570  Millions$ 53.847  Millions
Zevia Pbc  1.53 $ 166.424  Millions$ 108.994  Millions
Splash Beverage Group Inc   1.52 $ 18.850  Millions$ 12.406  Millions
Usana Health Sciences Inc   1.51 $ 919.636  Millions$ 610.530  Millions
Edible Garden Ag Incorporated  1.49 $ 14.049  Millions$ 9.449  Millions
The Davey Tree Expert Company  1.48 $ 1,693.481  Millions$ 1,147.603  Millions
Flowers Foods Inc  1.47 $ 5,090.830  Millions$ 3,462.324  Millions



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