Bath & Body Works Inc. (BBWI)
Total asset turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,118,000 | 7,175,000 | 7,203,000 | 7,253,000 | 7,300,000 | 7,438,000 | 7,510,000 | 9,197,000 | 9,306,000 | 11,098,000 | 12,442,000 | 11,542,000 | 11,726,000 | 11,614,000 | 11,357,000 | 9,078,000 | 10,053,000 | 10,198,000 | 10,296,000 | 13,240,000 |
| Total assets | US$ in thousands | 5,463,000 | 5,243,000 | 5,195,000 | 5,363,000 | 5,494,000 | 5,133,000 | 4,901,000 | 4,860,000 | 6,026,000 | 6,031,000 | 10,392,000 | 10,546,000 | 11,571,000 | 11,161,000 | 10,880,000 | 9,439,000 | 10,125,000 | 10,630,000 | 10,618,000 | 10,998,000 |
| Total asset turnover | 1.30 | 1.37 | 1.39 | 1.35 | 1.33 | 1.45 | 1.53 | 1.89 | 1.54 | 1.84 | 1.20 | 1.09 | 1.01 | 1.04 | 1.04 | 0.96 | 0.99 | 0.96 | 0.97 | 1.20 |
February 3, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,118,000K ÷ $5,463,000K
= 1.30
The total asset turnover ratio of Bath & Body Works Inc. has fluctuated over the past few years, ranging from 0.96 to 1.89. The ratio measures the company's ability to generate sales revenue from its total assets. A higher ratio typically indicates more efficient asset utilization.
From the data provided, the total asset turnover reached its peak at 1.89 in April 30, 2022, suggesting that the company generated $1.89 in sales for every $1 of assets it had. This high ratio could indicate effective management of assets to drive sales.
However, the ratio decreased to 0.96 in May 4, 2019 and remained below 1 for several quarters, indicating a decrease in efficiency in generating revenue from assets during that period. This could be due to various factors, such as increased asset base without corresponding revenue growth or poor asset management.
Overall, the trend in total asset turnover for Bath & Body Works Inc. shows variability, reflecting changes in the company's asset utilization efficiency over time. Monitoring this ratio can provide insights into the company's operational performance and effectiveness in deploying its assets to generate sales.
Peer comparison
Feb 3, 2024