Stock Analysis on Net

Bed Bath & Beyond Inc. (NASDAQ:BBBY)

This company has been moved to the archive! The financial data has not been updated since September 30, 2022.

Analysis of Long-term (Investment) Activity Ratios

Microsoft Excel

Long-term Activity Ratios (Summary)

Bed Bath & Beyond Inc., long-term (investment) activity ratios

Microsoft Excel
Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Net fixed asset turnover 7.66 10.05 7.80 6.49 6.47 6.65
Net fixed asset turnover (including operating lease, right-of-use asset) 3.04 3.69 3.25 6.49 6.47 6.65
Total asset turnover 1.53 1.43 1.43 1.83 1.75 1.78
Equity turnover 45.18 7.23 6.32 4.70 4.28 4.49

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Bed Bath & Beyond Inc. net fixed asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
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). Bed Bath & Beyond Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Bed Bath & Beyond Inc. total asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Bed Bath & Beyond Inc. equity turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Net Fixed Asset Turnover

Bed Bath & Beyond Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel
Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Selected Financial Data (US$ in thousands)
Net sales 7,867,778 9,233,028 11,158,580 12,028,797 12,349,301 12,215,757
Property and equipment, net 1,027,387 918,418 1,430,604 1,853,091 1,909,289 1,837,129
Long-term Activity Ratio
Net fixed asset turnover1 7.66 10.05 7.80 6.49 6.47 6.65
Benchmarks
Net Fixed Asset Turnover, Competitors2
Amazon.com Inc. 2.75 2.93 3.41 3.86
Home Depot Inc. 6.00 5.35 4.84 4.84
Lowe’s Cos. Inc. 5.05 4.68 3.86 3.87
TJX Cos. Inc. 9.21 6.38 7.83 7.42
Net Fixed Asset Turnover, Sector
Consumer Discretionary Distribution & Retail 3.43 3.46 3.82 4.20
Net Fixed Asset Turnover, Industry
Consumer Discretionary 3.47 3.31 3.37 3.71

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

1 2022 Calculation
Net fixed asset turnover = Net sales ÷ Property and equipment, net
= 7,867,778 ÷ 1,027,387 = 7.66

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. Bed Bath & Beyond Inc. net fixed asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Bed Bath & Beyond Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel
Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Selected Financial Data (US$ in thousands)
Net sales 7,867,778 9,233,028 11,158,580 12,028,797 12,349,301 12,215,757
 
Property and equipment, net 1,027,387 918,418 1,430,604 1,853,091 1,909,289 1,837,129
Operating lease assets 1,562,857 1,587,101 2,006,966
Property and equipment, net (including operating lease, right-of-use asset) 2,590,244 2,505,519 3,437,570 1,853,091 1,909,289 1,837,129
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 3.04 3.69 3.25 6.49 6.47 6.65
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Amazon.com Inc. 2.03 2.17 2.56 2.87
Home Depot Inc. 4.85 4.31 3.89 4.84
Lowe’s Cos. Inc. 4.15 3.90 3.20 3.87
TJX Cos. Inc. 3.44 2.29 2.90 7.42
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Consumer Discretionary Distribution & Retail 2.52 2.55 2.83 3.47
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Consumer Discretionary 2.66 2.51 2.57 3.13

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

1 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net sales ÷ Property and equipment, net (including operating lease, right-of-use asset)
= 7,867,778 ÷ 2,590,244 = 3.04

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). Bed Bath & Beyond Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Total Asset Turnover

Bed Bath & Beyond Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel
Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Selected Financial Data (US$ in thousands)
Net sales 7,867,778 9,233,028 11,158,580 12,028,797 12,349,301 12,215,757
Total assets 5,130,572 6,456,930 7,790,515 6,570,541 7,040,806 6,846,029
Long-term Activity Ratio
Total asset turnover1 1.53 1.43 1.43 1.83 1.75 1.78
Benchmarks
Total Asset Turnover, Competitors2
Amazon.com Inc. 1.11 1.12 1.20 1.25
Home Depot Inc. 2.10 1.87 2.15 2.46
Lowe’s Cos. Inc. 2.16 1.92 1.83 2.07
TJX Cos. Inc. 1.71 1.04 1.73 2.72
Total Asset Turnover, Sector
Consumer Discretionary Distribution & Retail 1.33 1.27 1.40 1.57
Total Asset Turnover, Industry
Consumer Discretionary 0.96 0.88 0.84 0.94

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

1 2022 Calculation
Total asset turnover = Net sales ÷ Total assets
= 7,867,778 ÷ 5,130,572 = 1.53

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. Bed Bath & Beyond Inc. total asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Equity Turnover

Bed Bath & Beyond Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel
Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Selected Financial Data (US$ in thousands)
Net sales 7,867,778 9,233,028 11,158,580 12,028,797 12,349,301 12,215,757
Shareholders’ equity 174,145 1,276,936 1,764,935 2,560,331 2,888,628 2,719,277
Long-term Activity Ratio
Equity turnover1 45.18 7.23 6.32 4.70 4.28 4.49
Benchmarks
Equity Turnover, Competitors2
Amazon.com Inc. 3.52 3.40 4.13 4.52
Home Depot Inc. 40.05
Lowe’s Cos. Inc. 62.35 36.59 19.57
TJX Cos. Inc. 8.09 5.51 7.01 7.72
Equity Turnover, Sector
Consumer Discretionary Distribution & Retail 5.57 4.86 6.21 7.25
Equity Turnover, Industry
Consumer Discretionary 4.21 3.74 4.82 5.84

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

1 2022 Calculation
Equity turnover = Net sales ÷ Shareholders’ equity
= 7,867,778 ÷ 174,145 = 45.18

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. Bed Bath & Beyond Inc. equity turnover ratio improved from 2020 to 2021 and from 2021 to 2022.