Stock Analysis on Net
Stock Analysis on Net

Walgreens Boots Alliance Inc. (NASDAQ:WBA)

This company has been moved to the archive! The financial data has not been updated since July 9, 2020.

Analysis of Long-term (Investment) Activity Ratios 

Microsoft Excel

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Long-term Activity Ratios (Summary)

Walgreens Boots Alliance Inc., long-term (investment) activity ratios

Microsoft Excel
Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Net fixed asset turnover 10.15 9.46 8.67 8.19 6.87 6.23
Total asset turnover 2.02 1.93 1.79 1.61 1.50 2.05
Equity turnover 5.82 5.06 4.30 3.93 3.35 3.73

Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Walgreens Boots Alliance Inc. net fixed asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Walgreens Boots Alliance Inc. total asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Walgreens Boots Alliance Inc. equity turnover ratio improved from 2017 to 2018 and from 2018 to 2019.

Net Fixed Asset Turnover

Walgreens Boots Alliance Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Selected Financial Data (US$ in millions)
Sales 136,866 131,537 118,214 117,351 103,444 76,392
Property, plant and equipment, net 13,478 13,911 13,642 14,335 15,068 12,257
Long-term Activity Ratio
Net fixed asset turnover1 10.15 9.46 8.67 8.19 6.87 6.23
Benchmarks
Net Fixed Asset Turnover, Competitors2
Costco Wholesale Corp. 7.03 — — — — —
Dollar General Corp. 8.63 — — — — —
Target Corp. 2.92 — — — — —
Walmart Inc. 4.58 — — — — —
Net Fixed Asset Turnover, Sector
Consumer Staples Distribution & Retail 4.71 — — — — —
Net Fixed Asset Turnover, Industry
Consumer Staples 4.46 — — — — —

Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).

1 2019 Calculation
Net fixed asset turnover = Sales ÷ Property, plant and equipment, net
= 136,866 ÷ 13,478 = 10.15

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. Walgreens Boots Alliance Inc. net fixed asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019.

Total Asset Turnover

Walgreens Boots Alliance Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Selected Financial Data (US$ in millions)
Sales 136,866 131,537 118,214 117,351 103,444 76,392
Total assets 67,598 68,124 66,009 72,688 68,782 37,182
Long-term Activity Ratio
Total asset turnover1 2.02 1.93 1.79 1.61 1.50 2.05
Benchmarks
Total Asset Turnover, Competitors2
Costco Wholesale Corp. 3.29 — — — — —
Dollar General Corp. 1.94 — — — — —
Target Corp. 1.80 — — — — —
Walmart Inc. 2.33 — — — — —
Total Asset Turnover, Sector
Consumer Staples Distribution & Retail 2.38 — — — — —
Total Asset Turnover, Industry
Consumer Staples 1.43 — — — — —

Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).

1 2019 Calculation
Total asset turnover = Sales ÷ Total assets
= 136,866 ÷ 67,598 = 2.02

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. Walgreens Boots Alliance Inc. total asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019.

Equity Turnover

Walgreens Boots Alliance Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel
Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Selected Financial Data (US$ in millions)
Sales 136,866 131,537 118,214 117,351 103,444 76,392
Total Walgreens Boots Alliance, Inc. shareholders’ equity 23,512 26,007 27,466 29,880 30,861 20,457
Long-term Activity Ratio
Equity turnover1 5.82 5.06 4.30 3.93 3.35 3.73
Benchmarks
Equity Turnover, Competitors2
Costco Wholesale Corp. 9.80 — — — — —
Dollar General Corp. 3.99 — — — — —
Target Corp. 6.59 — — — — —
Walmart Inc. 7.04 — — — — —
Equity Turnover, Sector
Consumer Staples Distribution & Retail 7.20 — — — — —
Equity Turnover, Industry
Consumer Staples 5.45 — — — — —

Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).

1 2019 Calculation
Equity turnover = Sales ÷ Total Walgreens Boots Alliance, Inc. shareholders’ equity
= 136,866 ÷ 23,512 = 5.82

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. Walgreens Boots Alliance Inc. equity turnover ratio improved from 2017 to 2018 and from 2018 to 2019.