Burlington Stores Inc (BURL)
Total asset turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,634,800 | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 |
| Total assets | US$ in thousands | 8,770,410 | 7,706,840 | 7,269,600 | 7,089,510 | 6,781,090 |
| Total asset turnover | 1.21 | 1.26 | 1.20 | 1.31 | 0.85 |
February 1, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $10,634,800K ÷ $8,770,410K
= 1.21
The total asset turnover ratio for Burlington Stores Inc has shown fluctuations over the past five years. Starting at 0.85 in January 30, 2021, the ratio increased to 1.31 by January 29, 2022, indicating that the company generated $1.31 in sales for every dollar of assets during that period. However, by January 28, 2023, the ratio decreased to 1.20 before picking up again to 1.26 by February 3, 2024, and then slightly dropping to 1.21 by February 1, 2025.
Overall, the trend suggests that the company has been effectively utilizing its assets to generate sales, with the ratio consistently above 1. However, the fluctuations indicate potential changes in how efficiently the company is utilizing its assets over time, which may warrant further investigation into the company's operational efficiency and asset management strategies.
Peer comparison
Feb 1, 2025