Analysis of Long-term (Investment) Activity Ratios
Quarterly Data
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)
Best Buy Co. Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Best Buy Co. Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| 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). | Best Buy Co. Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Best Buy Co. Inc. total asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Best Buy Co. Inc. equity turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Net Fixed Asset Turnover
Best Buy Co. Inc., net fixed asset turnover calculation (quarterly data)
| Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Revenue | 10,587) | 10,329) | 10,647) | 16,365) | 11,910) | 11,849) | 11,637) | 16,937) | 11,853) | 9,910) | 8,562) | 15,196) | 9,764) | 9,536) | 9,142) | 14,801) | 9,590) | 9,379) | 9,109) | 15,363) | 9,320) | 8,940) | 8,528) | 13,482) | 8,945) | 8,533) | 8,443) | ||||||||
| Property and equipment, net | 2,373) | 2,319) | 2,251) | 2,250) | 2,256) | 2,226) | 2,233) | 2,260) | 2,265) | 2,277) | 2,291) | 2,328) | 2,359) | 2,361) | 2,334) | 2,510) | 2,525) | 2,432) | 2,385) | 2,421) | 2,352) | 2,327) | 2,287) | 2,293) | 2,298) | 2,295) | 2,332) | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 20.20 | 21.24 | 22.55 | 23.00 | 23.20 | 23.48 | 22.54 | 20.91 | 20.10 | 19.07 | 18.79 | 18.74 | 18.33 | 18.24 | 18.39 | 17.08 | 17.20 | 17.75 | 17.92 | 17.41 | 17.12 | 17.14 | 17.27 | 17.18 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 2.82 | 2.78 | 2.75 | 2.75 | 2.83 | 2.80 | 2.84 | 2.93 | 3.11 | 3.32 | 3.45 | 3.41 | 3.48 | 3.72 | 3.81 | 3.86 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 6.23 | 6.15 | 6.06 | 6.00 | 5.92 | 5.83 | 5.73 | 5.35 | 5.27 | 5.10 | 4.94 | 4.84 | 4.94 | 4.91 | 4.92 | 4.84 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 5.55 | 5.10 | 5.05 | 5.05 | 5.03 | 4.97 | 4.95 | 4.68 | 4.57 | 4.32 | 4.00 | 3.86 | 3.91 | 3.94 | 3.95 | 3.87 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 8.84 | 9.21 | 9.43 | 9.21 | 8.84 | 8.46 | 7.46 | 6.38 | 6.67 | 6.61 | 7.08 | 7.83 | 7.74 | 7.94 | 7.88 | 7.42 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
1 Q3 2023 Calculation
Net fixed asset turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Property and equipment, net
= (10,587 + 10,329 + 10,647 + 16,365)
÷ 2,373 = 20.20
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. | Best Buy Co. Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Best Buy Co. Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
| Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Revenue | 10,587) | 10,329) | 10,647) | 16,365) | 11,910) | 11,849) | 11,637) | 16,937) | 11,853) | 9,910) | 8,562) | 15,196) | 9,764) | 9,536) | 9,142) | 14,801) | 9,590) | 9,379) | 9,109) | 15,363) | 9,320) | 8,940) | 8,528) | 13,482) | 8,945) | 8,533) | 8,443) | ||||||||
| Property and equipment, net | 2,373) | 2,319) | 2,251) | 2,250) | 2,256) | 2,226) | 2,233) | 2,260) | 2,265) | 2,277) | 2,291) | 2,328) | 2,359) | 2,361) | 2,334) | 2,510) | 2,525) | 2,432) | 2,385) | 2,421) | 2,352) | 2,327) | 2,287) | 2,293) | 2,298) | 2,295) | 2,332) | ||||||||
| Operating lease assets | 2,799) | 2,796) | 2,704) | 2,654) | 2,688) | 2,670) | 2,563) | 2,612) | 2,692) | 2,770) | 2,631) | 2,709) | 2,751) | 2,774) | 2,708) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | ||||||||
| Property and equipment, net (including operating lease, right-of-use asset) | 5,172) | 5,115) | 4,955) | 4,904) | 4,944) | 4,896) | 4,796) | 4,872) | 4,957) | 5,047) | 4,922) | 5,037) | 5,110) | 5,135) | 5,042) | 2,510) | 2,525) | 2,432) | 2,385) | 2,421) | 2,352) | 2,327) | 2,287) | 2,293) | 2,298) | 2,295) | 2,332) | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 9.27 | 9.63 | 10.25 | 10.55 | 10.59 | 10.68 | 10.50 | 9.70 | 9.18 | 8.61 | 8.75 | 8.66 | 8.46 | 8.39 | 8.51 | 17.08 | 17.20 | 17.75 | 17.92 | 17.41 | 17.12 | 17.14 | 17.27 | 17.18 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 2.07 | 2.04 | 2.03 | 2.03 | 2.10 | 2.09 | 2.13 | 2.17 | 2.30 | 2.51 | 2.61 | 2.56 | 2.59 | 2.80 | 2.85 | 2.87 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 4.95 | 4.95 | 4.90 | 4.85 | 4.79 | 4.70 | 4.63 | 4.31 | 4.29 | 4.14 | 3.96 | 3.89 | 3.95 | 3.90 | 3.93 | 4.84 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 4.62 | 4.17 | 4.15 | 4.15 | 4.12 | 4.14 | 4.11 | 3.90 | 3.79 | 3.59 | 3.31 | 3.20 | 3.23 | 3.24 | 3.25 | 3.87 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 3.38 | 3.45 | 3.47 | 3.44 | 3.19 | 3.02 | 2.66 | 2.29 | 2.38 | 2.38 | 2.58 | 2.90 | 2.84 | 2.86 | 2.86 | 7.42 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
1 Q3 2023 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Property and equipment, net (including operating lease, right-of-use asset)
= (10,587 + 10,329 + 10,647 + 16,365)
÷ 5,172 = 9.27
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). | Best Buy Co. Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Total Asset Turnover
Best Buy Co. Inc., total asset turnover calculation (quarterly data)
| Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Revenue | 10,587) | 10,329) | 10,647) | 16,365) | 11,910) | 11,849) | 11,637) | 16,937) | 11,853) | 9,910) | 8,562) | 15,196) | 9,764) | 9,536) | 9,142) | 14,801) | 9,590) | 9,379) | 9,109) | 15,363) | 9,320) | 8,940) | 8,528) | 13,482) | 8,945) | 8,533) | 8,443) | ||||||||
| Total assets | 17,021) | 15,419) | 15,251) | 17,504) | 20,102) | 18,579) | 17,705) | 19,067) | 21,202) | 17,412) | 15,605) | 15,591) | 16,926) | 14,978) | 14,550) | 12,901) | 15,000) | 11,993) | 12,082) | 13,049) | 14,785) | 13,444) | 12,955) | 13,856) | 14,542) | 13,254) | 12,901) | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Total asset turnover1 | 2.82 | 3.19 | 3.33 | 2.96 | 2.60 | 2.81 | 2.84 | 2.48 | 2.15 | 2.49 | 2.76 | 2.80 | 2.55 | 2.88 | 2.95 | 3.32 | 2.90 | 3.60 | 3.54 | 3.23 | 2.72 | 2.97 | 3.05 | 2.84 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 1.14 | 1.13 | 1.13 | 1.11 | 1.17 | 1.16 | 1.16 | 1.12 | 1.20 | 1.23 | 1.30 | 1.20 | 1.23 | 1.25 | 1.34 | 1.25 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 2.05 | 2.05 | 1.99 | 2.10 | 2.02 | 2.04 | 1.95 | 1.87 | 1.88 | 1.88 | 1.91 | 2.15 | 2.12 | 2.12 | 2.13 | 2.46 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 2.04 | 2.04 | 1.92 | 2.16 | 1.93 | 1.92 | 1.84 | 1.92 | 1.68 | 1.55 | 1.62 | 1.83 | 1.80 | 1.76 | 1.66 | 2.07 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 1.73 | 1.83 | 1.80 | 1.71 | 1.52 | 1.50 | 1.25 | 1.04 | 1.06 | 1.27 | 1.45 | 1.73 | 1.67 | 1.75 | 1.76 | 2.72 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
1 Q3 2023 Calculation
Total asset turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Total assets
= (10,587 + 10,329 + 10,647 + 16,365)
÷ 17,021 = 2.82
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. | Best Buy Co. Inc. total asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Equity Turnover
Best Buy Co. Inc., equity turnover calculation (quarterly data)
| Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | Jan 28, 2017 | Oct 29, 2016 | Jul 30, 2016 | Apr 30, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Revenue | 10,587) | 10,329) | 10,647) | 16,365) | 11,910) | 11,849) | 11,637) | 16,937) | 11,853) | 9,910) | 8,562) | 15,196) | 9,764) | 9,536) | 9,142) | 14,801) | 9,590) | 9,379) | 9,109) | 15,363) | 9,320) | 8,940) | 8,528) | 13,482) | 8,945) | 8,533) | 8,443) | ||||||||
| Equity | 2,993) | 2,892) | 2,767) | 3,020) | 4,278) | 4,335) | 4,158) | 4,587) | 4,086) | 3,778) | 3,410) | 3,479) | 3,125) | 3,285) | 3,354) | 3,306) | 3,012) | 3,186) | 3,420) | 3,612) | 4,152) | 4,347) | 4,499) | 4,709) | 4,261) | 4,319) | 4,426) | ||||||||
| Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
| Equity turnover1 | 16.01 | 17.03 | 18.35 | 17.14 | 12.23 | 12.06 | 12.11 | 10.30 | 11.14 | 11.50 | 12.63 | 12.54 | 13.84 | 13.11 | 12.79 | 12.97 | 14.42 | 13.55 | 12.49 | 11.67 | 9.70 | 9.18 | 8.78 | 8.37 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 3.03 | 3.19 | 3.40 | 3.52 | 3.65 | 3.70 | 3.57 | 3.40 | 3.80 | 3.86 | 4.06 | 4.13 | 4.20 | 4.36 | 4.54 | 4.52 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 121.18 | 655.02 | — | — | 142.70 | 69.80 | 80.86 | 40.05 | 81.84 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | — | — | — | — | — | — | 212.01 | 62.35 | 20.95 | 18.46 | 43.17 | 36.59 | 29.20 | 27.19 | 22.15 | 19.57 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 8.70 | 9.20 | 8.91 | 8.09 | 7.08 | 6.75 | 6.16 | 5.51 | 6.00 | 7.24 | 7.78 | 7.01 | 7.33 | 7.55 | 7.71 | 7.72 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
1 Q3 2023 Calculation
Equity turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Equity
= (10,587 + 10,329 + 10,647 + 16,365)
÷ 2,993 = 16.01
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. | Best Buy Co. Inc. equity turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |