Academy Sports Outdoors Inc (ASO)
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 | 5,933,450 | 6,051,360 | 6,502,860 | 6,351,660 | 6,374,290 | 6,162,540 | 5,939,470 | 5,925,300 | 5,910,830 | 6,074,250 | 6,248,990 | 6,359,300 | 6,468,680 | 6,409,100 | 6,338,360 | 6,312,170 | 6,638,880 | 6,760,430 | 6,677,470 | 6,791,110 |
| Total assets | US$ in thousands | 4,900,960 | 5,091,780 | 4,874,360 | 4,873,880 | 4,676,710 | 4,703,820 | 4,921,270 | 4,921,270 | 4,675,420 | 4,675,420 | 4,641,930 | 4,641,930 | 4,595,440 | 4,595,440 | 4,782,460 | 4,782,460 | 4,653,970 | 4,653,970 | 4,719,160 | 4,584,940 |
| Total asset turnover | 1.21 | 1.19 | 1.33 | 1.30 | 1.36 | 1.31 | 1.21 | 1.20 | 1.26 | 1.30 | 1.35 | 1.37 | 1.41 | 1.39 | 1.33 | 1.32 | 1.43 | 1.45 | 1.41 | 1.48 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,933,450K ÷ $4,900,960K
= 1.21
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. For Academy Sports Outdoors Inc, the total asset turnover ratio has fluctuated over the past few years.
Starting from January 31, 2022, the ratio was 1.48, indicating that the company generated $1.48 in revenue for every dollar of assets. The ratio then decreased to 1.41 by April 30, 2022 but saw slight increases and decreases in the following quarters, reaching a low point of 1.20 on October 28, 2023.
After that dip, there was some fluctuation in the ratio until a notable increase to 1.36 on February 3, 2024. However, the ratio dropped again to 1.19 by October 31, 2024, before showing a slight recovery to 1.21 by January 31, 2025.
Overall, the trend suggests that Academy Sports Outdoors Inc's efficiency in generating sales from its assets has seen some variability, with periods of improvement and decline. This ratio is important in assessing the company's operational efficiency and effectiveness in utilizing its resources to drive revenue.
Peer comparison
Jan 31, 2025