Boot Barn Holdings Inc (BOOT)
Total asset turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,911,104 | 1,845,814 | 1,758,043 | 1,706,700 | 1,667,009 | 1,704,211 | 1,698,365 | 1,675,454 | 1,657,615 | 1,615,262 | 1,586,613 | 1,547,785 | 1,488,256 | 1,363,820 | 1,180,254 | 1,052,052 | 893,491 | 823,247 | 804,906 | 807,574 |
| Total assets | US$ in thousands | 2,018,020 | 2,013,020 | 1,866,780 | 1,774,460 | 1,836,010 | 1,673,500 | 1,578,210 | 1,506,470 | 1,517,380 | 1,512,450 | 1,485,940 | 1,321,220 | 1,199,860 | 1,187,980 | 1,037,420 | 950,495 | 933,581 | 892,172 | 864,306 | 903,453 |
| Total asset turnover | 0.95 | 0.92 | 0.94 | 0.96 | 0.91 | 1.02 | 1.08 | 1.11 | 1.09 | 1.07 | 1.07 | 1.17 | 1.24 | 1.15 | 1.14 | 1.11 | 0.96 | 0.92 | 0.93 | 0.89 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,911,104K ÷ $2,018,020K
= 0.95
Boot Barn Holdings Inc's total asset turnover has shown fluctuating trends over the last few years. Starting at 0.89 as of June 30, 2020, the total asset turnover ratio increased to 1.15 as of December 31, 2021, indicating an improvement in the company's efficiency in generating sales from its assets.
The ratio continued to rise to 1.24 as of March 31, 2022, reaching its peak over the period provided. This suggests that Boot Barn Holdings Inc was effectively utilizing its assets to generate revenue during that period. However, the ratio slightly decreased to 1.02 by December 31, 2023, and further dropped to 0.95 by March 31, 2025.
These declines in total asset turnover may indicate a potential decrease in sales generated from the total assets employed by the company. Overall, while the company's total asset turnover ratio has demonstrated some variability, it is essential to monitor this ratio closely to assess the company's operational efficiency in utilizing its assets to generate revenues effectively.
Peer comparison
Mar 31, 2025