Analysis of Long-term (Investment) Activity Ratios
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)
e.l.f. Beauty, Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | e.l.f. Beauty, Inc. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| 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). | e.l.f. Beauty, Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | e.l.f. Beauty, Inc. total asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | e.l.f. Beauty, Inc. equity turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Fixed Asset Turnover
e.l.f. Beauty, Inc., net fixed asset turnover calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Property and equipment, net, including finance lease assets | 13,974) | 8,119) | 11,241) | 14,870) | 19,265) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 73.27 | 71.29 | 34.89 | 21.39 | 14.68 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Procter & Gamble Co. | 3.79 | 3.74 | 3.78 | 3.51 | 3.43 | |
| Net Fixed Asset Turnover, Sector | ||||||
| Household & Personal Products | — | 3.77 | 3.80 | 3.52 | 3.44 | |
| Net Fixed Asset Turnover, Industry | ||||||
| Consumer Staples | — | 5.28 | 5.33 | 5.19 | 4.49 | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 2024 Calculation
Net fixed asset turnover = Net sales ÷ Property and equipment, net, including finance lease assets
= 1,023,932 ÷ 13,974 = 73.27
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. | e.l.f. Beauty, Inc. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
e.l.f. Beauty, Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Property and equipment, net, including finance lease assets | 13,974) | 8,119) | 11,241) | 14,870) | 19,265) | |
| Operating lease assets (included in Other assets) | 27,415) | 14,071) | 18,218) | 22,691) | 13,668) | |
| Property and equipment, net, including finance lease assets (including operating lease, right-of-use asset) | 41,389) | 22,190) | 29,459) | 37,561) | 32,933) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 24.74 | 26.09 | 13.31 | 8.47 | 8.59 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||
| Procter & Gamble Co. | 3.65 | 3.61 | 3.65 | 3.38 | 3.29 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | ||||||
| Household & Personal Products | — | 3.64 | 3.67 | 3.39 | 3.30 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | ||||||
| Consumer Staples | — | 4.77 | 4.79 | 4.66 | 4.00 | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 2024 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net sales ÷ Property and equipment, net, including finance lease assets (including operating lease, right-of-use asset)
= 1,023,932 ÷ 41,389 = 24.74
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). | e.l.f. Beauty, Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Total Asset Turnover
e.l.f. Beauty, Inc., total asset turnover calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Total assets | 1,129,247) | 595,601) | 494,632) | 487,393) | 453,104) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.91 | 0.97 | 0.79 | 0.65 | 0.62 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Procter & Gamble Co. | 0.69 | 0.68 | 0.68 | 0.64 | 0.59 | |
| Total Asset Turnover, Sector | ||||||
| Household & Personal Products | — | 0.68 | 0.68 | 0.64 | 0.59 | |
| Total Asset Turnover, Industry | ||||||
| Consumer Staples | — | 1.55 | 1.50 | 1.44 | 1.34 | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 2024 Calculation
Total asset turnover = Net sales ÷ Total assets
= 1,023,932 ÷ 1,129,247 = 0.91
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. | e.l.f. Beauty, Inc. total asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Equity Turnover
e.l.f. Beauty, Inc., equity turnover calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Stockholders’ equity | 642,572) | 411,017) | 312,429) | 269,646) | 242,171) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 1.59 | 1.41 | 1.26 | 1.18 | 1.17 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Procter & Gamble Co. | 1.67 | 1.75 | 1.72 | 1.64 | 1.53 | |
| Equity Turnover, Sector | ||||||
| Household & Personal Products | — | 1.75 | 1.72 | 1.64 | 1.52 | |
| Equity Turnover, Industry | ||||||
| Consumer Staples | — | 6.44 | 6.01 | 5.80 | 5.65 | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 2024 Calculation
Equity turnover = Net sales ÷ Stockholders’ equity
= 1,023,932 ÷ 642,572 = 1.59
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. | e.l.f. Beauty, Inc. equity turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |