Academy Sports Outdoors Inc (ASO)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,933,450 | 6,112,570 | 6,159,290 | 6,395,070 | 6,347,110 |
| Total assets | US$ in thousands | 4,900,960 | 4,676,710 | 4,676,710 | 4,595,440 | 4,595,440 |
| Total asset turnover | 1.21 | 1.31 | 1.32 | 1.39 | 1.38 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,933,450K ÷ $4,900,960K
= 1.21
The total asset turnover of Academy Sports Outdoors Inc has been relatively stable over the past few years, ranging from 1.21 to 1.39. The company's total asset turnover decreased slightly from 1.39 in January 2023 to 1.31 in February 2024, showing a temporary dip in efficiency in generating sales from its total assets. However, it rebounded to 1.21 by January 31, 2025.
Overall, the total asset turnover ratio indicates that Academy Sports Outdoors Inc is effectively utilizing its assets to generate sales revenue, with an average ratio of approximately 1.32 during the period under consideration. This suggests that the company is efficiently managing its assets to drive its business operations and generate revenue.
Peer comparison
Jan 31, 2025