Buckle Inc (BKE)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,217,690 | 1,261,100 | 1,261,100 | 1,345,190 | 1,345,190 |
| Total assets | US$ in thousands | 913,173 | 889,810 | 889,810 | 837,579 | 837,579 |
| Total asset turnover | 1.33 | 1.42 | 1.42 | 1.61 | 1.61 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,217,690K ÷ $913,173K
= 1.33
The total asset turnover ratio for Buckle Inc has been consistent at 1.61 in January 2023 and February 2023. However, the ratio decreased to 1.42 in January 2024 and remained the same in February 2024. In the most recent period, January 2025, the total asset turnover further declined to 1.33. This decreasing trend indicates that Buckle Inc's efficiency in generating sales revenue from its total assets has been gradually weakening. Further investigation into the company's asset management practices and sales performance may be necessary to improve its overall operational efficiency and profitability.
Peer comparison
Jan 31, 2025