Analysis of Geographic Areas
Sysco Corp. operates in 5 regions: United States; Canada; United Kingdom; France; and Other.
Area Asset Turnover
Sysco Corp., asset turnover by geographic area
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 15.35 | 16.77 | 16.89 | 13.53 | 12.81 | 14.36 |
| Canada | 16.46 | 17.41 | 15.10 | 10.98 | 12.40 | 13.94 |
| United Kingdom | 10.19 | 11.20 | 11.48 | 6.20 | 9.73 | 11.58 |
| France | 5.56 | 5.30 | 4.65 | 3.39 | 3.96 | 4.79 |
| Other | 11.85 | 12.11 | 12.56 | 8.86 | 10.26 | 12.08 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Canada | Canada area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| United Kingdom | United Kingdom area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| France | France area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Other | Other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
Sysco Corp.; United States; area asset turnover calculation
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Sales | 63,931) | 62,404) | 56,511) | 42,610) | 42,804) | 48,257) |
| Plant and equipment at cost, less accumulated depreciation | 4,165) | 3,721) | 3,346) | 3,148) | 3,341) | 3,362) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 15.35 | 16.77 | 16.89 | 13.53 | 12.81 | 14.36 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
1 2024 Calculation
Area asset turnover = Sales ÷ Plant and equipment at cost, less accumulated depreciation
= 63,931 ÷ 4,165 = 15.35
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Canada
Sysco Corp.; Canada; area asset turnover calculation
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Sales | 5,993) | 5,828) | 5,094) | 3,907) | 4,105) | 4,660) |
| Plant and equipment at cost, less accumulated depreciation | 364) | 335) | 337) | 356) | 331) | 334) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 16.46 | 17.41 | 15.10 | 10.98 | 12.40 | 13.94 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
1 2024 Calculation
Area asset turnover = Sales ÷ Plant and equipment at cost, less accumulated depreciation
= 5,993 ÷ 364 = 16.46
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: United Kingdom
Sysco Corp.; United Kingdom; area asset turnover calculation
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Sales | 3,760) | 3,340) | 2,859) | 1,707) | 2,482) | 3,134) |
| Plant and equipment at cost, less accumulated depreciation | 369) | 298) | 249) | 275) | 255) | 271) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 10.19 | 11.20 | 11.48 | 6.20 | 9.73 | 11.58 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
1 2024 Calculation
Area asset turnover = Sales ÷ Plant and equipment at cost, less accumulated depreciation
= 3,760 ÷ 369 = 10.19
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: France
Sysco Corp.; France; area asset turnover calculation
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Sales | 1,712) | 1,591) | 1,413) | 1,098) | 1,223) | 1,582) |
| Plant and equipment at cost, less accumulated depreciation | 308) | 300) | 304) | 323) | 309) | 330) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 5.56 | 5.30 | 4.65 | 3.39 | 3.96 | 4.79 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
1 2024 Calculation
Area asset turnover = Sales ÷ Plant and equipment at cost, less accumulated depreciation
= 1,712 ÷ 308 = 5.56
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | France | France area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other
Sysco Corp.; Other; area asset turnover calculation
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Sales | 3,448) | 3,162) | 2,759) | 1,976) | 2,280) | 2,481) |
| Plant and equipment at cost, less accumulated depreciation | 291) | 261) | 220) | 223) | 222) | 205) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 11.85 | 12.11 | 12.56 | 8.86 | 10.26 | 12.08 |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
1 2024 Calculation
Area asset turnover = Sales ÷ Plant and equipment at cost, less accumulated depreciation
= 3,448 ÷ 291 = 11.85
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Sales
Sysco Corp., sales by geographic area
US$ in millions
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 63,931) | 62,404) | 56,511) | 42,610) | 42,804) | 48,257) |
| Canada | 5,993) | 5,828) | 5,094) | 3,907) | 4,105) | 4,660) |
| United Kingdom | 3,760) | 3,340) | 2,859) | 1,707) | 2,482) | 3,134) |
| France | 1,712) | 1,591) | 1,413) | 1,098) | 1,223) | 1,582) |
| Other | 3,448) | 3,162) | 2,759) | 1,976) | 2,280) | 2,481) |
| Total | 78,844) | 76,325) | 68,636) | 51,298) | 52,893) | 60,114) |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).
Plant and equipment at cost, less accumulated depreciation
Sysco Corp., plant and equipment at cost, less accumulated depreciation by geographic area
US$ in millions
| Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | |
|---|---|---|---|---|---|---|
| United States | 4,165) | 3,721) | 3,346) | 3,148) | 3,341) | 3,362) |
| Canada | 364) | 335) | 337) | 356) | 331) | 334) |
| United Kingdom | 369) | 298) | 249) | 275) | 255) | 271) |
| France | 308) | 300) | 304) | 323) | 309) | 330) |
| Other | 291) | 261) | 220) | 223) | 222) | 205) |
| Total | 5,497) | 4,915) | 4,456) | 4,326) | 4,459) | 4,502) |
Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).