Acuity Fixed Asset Turnover from 2010 to 2024

AYI Stock  USD 303.09  4.12  1.38%   
Acuity Brands' Fixed Asset Turnover is decreasing with very volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 9.71. For the period between 2010 and 2024, Acuity Brands, Fixed Asset Turnover quarterly trend regression had mean deviation of  1.35 and range of 7.7139. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
12.639026
Current Value
9.71
Quarterly Volatility
1.99167409
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Acuity Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Acuity Brands' main balance sheet or income statement drivers, such as Interest Expense of 4.3 M, Selling General Administrative of 1.5 B or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0022 or PTB Ratio of 2.42. Acuity financial statements analysis is a perfect complement when working with Acuity Brands Valuation or Volatility modules.
  
Check out the analysis of Acuity Brands Correlation against competitors.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.

Latest Acuity Brands' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Acuity Brands over the last few years. It is Acuity Brands' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Acuity Brands' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

Acuity Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.87
Geometric Mean12.70
Coefficient Of Variation15.48
Mean Deviation1.35
Median12.86
Standard Deviation1.99
Sample Variance3.97
Range7.7139
R-Value(0.09)
Mean Square Error4.24
R-Squared0.01
Significance0.75
Slope(0.04)
Total Sum of Squares55.53

Acuity Fixed Asset Turnover History

2024 9.71
2023 12.64
2022 13.28
2021 14.49
2020 12.86
2019 12.3
2018 13.24

About Acuity Brands Financial Statements

Investors use fundamental indicators, such as Acuity Brands' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Acuity Brands' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 12.64  9.71 

Currently Active Assets on Macroaxis

When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out the analysis of Acuity Brands Correlation against competitors.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acuity Brands. If investors know Acuity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.434
Dividend Share
0.58
Earnings Share
13.43
Revenue Per Share
124.365
Quarterly Revenue Growth
0.022
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.