Boot Barn Holdings Inc (BOOT)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,911,100 | 1,667,010 | 1,657,620 | 1,488,260 | 893,491 |
| Total assets | US$ in thousands | 2,018,020 | 1,705,590 | 1,517,380 | 1,199,860 | 933,581 |
| Total asset turnover | 0.95 | 0.98 | 1.09 | 1.24 | 0.96 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,911,100K ÷ $2,018,020K
= 0.95
The total asset turnover for Boot Barn Holdings Inc has shown fluctuations over the past five years. The ratio increased from 0.96 in March 2021 to 1.24 in March 2022, indicating a more efficient utilization of assets to generate revenue. However, there was a slight dip in the ratio to 1.09 in March 2023, followed by a further decline to 0.98 in March 2024, suggesting a decrease in the company's ability to generate sales relative to its total assets during those periods. In the most recent fiscal year ending March 31, 2025, the total asset turnover ratio decreased to 0.95, indicating a continued decrease in efficiency in generating sales from its total assets. Overall, the trend suggests some variability in the company's asset utilization efficiency, which may warrant further investigation into the factors influencing the fluctuations in the total asset turnover ratio.
Peer comparison
Mar 31, 2025