Abercrombie & Fitch Company (ANF)

Total asset turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Revenue (ttm) US$ in thousands 4,948,590 4,816,580 5,060,520 4,982,980 5,018,680 4,501,115 3,983,550 3,763,114 3,542,678 3,807,143 4,071,608 4,115,698 4,159,788 3,765,069 3,370,350 3,303,028 3,584,294 3,940,553 4,040,622 4,133,020
Total assets US$ in thousands 3,299,890 3,269,870 3,049,560 2,970,080 2,974,230 2,974,230 2,897,650 2,897,650 2,796,710 2,796,710 2,558,080 2,558,080 2,713,100 2,713,100 2,693,990 2,693,990 2,734,090 2,734,090 2,607,300 2,939,490
Total asset turnover 1.50 1.47 1.66 1.68 1.69 1.51 1.37 1.30 1.27 1.36 1.59 1.61 1.53 1.39 1.25 1.23 1.31 1.44 1.55 1.41

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,948,590K ÷ $3,299,890K
= 1.50

Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its total assets. It indicates how efficiently the company is utilizing its assets to generate sales.

Based on the provided data for Abercrombie & Fitch Company, the total asset turnover ratio fluctuated over the period analyzed. It started at 1.41 on January 31, 2022, increased to a peak of 1.69 on February 3, 2024, and then experienced some fluctuations but generally remained within a range.

A higher total asset turnover ratio generally indicates that the company is efficient in using its assets to generate sales. The trend of total asset turnover for Abercrombie & Fitch Company suggests variations in how effectively the company is generating revenue from its assets.

It's essential to further analyze the reasons behind these fluctuations, evaluate industry benchmarks, and compare with competitors to gain a deeper understanding of Abercrombie & Fitch's performance in efficiently utilizing its total assets to drive sales.