Bath & Body Works Inc. (BBWI)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,307,000 | 7,118,000 | 7,429,000 | 7,560,000 | 7,212,000 |
| Total assets | US$ in thousands | 4,872,000 | 5,463,000 | 5,463,000 | 5,494,000 | 5,494,000 |
| Total asset turnover | 1.50 | 1.30 | 1.36 | 1.38 | 1.31 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,307,000K ÷ $4,872,000K
= 1.50
Total asset turnover is a vital financial ratio that indicates how efficiently a company utilizes its assets to generate sales revenue. Bath & Body Works Inc.'s total asset turnover has shown some fluctuations over the years based on the provided data.
In January 28, 2023, the total asset turnover was 1.31, indicating that for every $1 of assets the company had, it generated $1.31 in sales. This ratio increased to 1.38 by January 31, 2023, suggesting improved asset utilization efficiency.
By January 31, 2024, the total asset turnover slightly decreased to 1.36, showing a minor decline in asset efficiency compared to the prior period. However, the ratio decreased further to 1.30 by February 3, 2024, reflecting a potential decrease in sales generated per dollar of assets in that period.
The total asset turnover significantly improved to 1.50 by January 31, 2025, indicating that the company managed to generate more sales per dollar of assets than in the previous periods. This suggests a more efficient utilization of assets in generating revenue.
Overall, Bath & Body Works Inc.'s total asset turnover ratio has shown variability over time, with fluctuations indicating changes in asset efficiency and effectiveness in generating sales revenue.
Peer comparison
Jan 31, 2025