Burlington Stores Inc (BURL)
Total asset turnover
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,634,830 | 10,484,130 | 10,242,780 | 9,952,070 | 9,727,480 | 9,345,400 | 9,096,740 | 8,909,870 | 8,702,600 | 8,567,330 | 8,830,680 | 9,058,650 | 9,322,260 | 8,996,140 | 8,359,340 | 7,155,760 | 5,763,983 | 5,689,693 | 5,804,033 | 6,453,723 |
| Total assets | US$ in thousands | 8,770,410 | 8,442,860 | 7,821,440 | 7,695,250 | 7,706,840 | 7,493,700 | 6,915,540 | 7,003,880 | 7,269,600 | 7,101,510 | 6,733,360 | 6,933,480 | 7,089,510 | 7,277,830 | 6,992,500 | 7,051,040 | 6,781,090 | 6,908,800 | 6,369,930 | 6,640,680 |
| Total asset turnover | 1.21 | 1.24 | 1.31 | 1.29 | 1.26 | 1.25 | 1.32 | 1.27 | 1.20 | 1.21 | 1.31 | 1.31 | 1.31 | 1.24 | 1.20 | 1.01 | 0.85 | 0.82 | 0.91 | 0.97 |
February 1, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,634,830K ÷ $8,770,410K
= 1.21
Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets. For Burlington Stores Inc, the total asset turnover has shown fluctuations over the past few years.
From May 2, 2020, to January 30, 2021, the total asset turnover decreased from 0.97 to 0.85, indicating a decline in the company's ability to generate sales relative to its total assets. However, from May 1, 2021, to July 30, 2022, there was a significant improvement in total asset turnover, increasing from 1.01 to 1.31, suggesting that Burlington Stores Inc became more efficient in utilizing its assets to generate sales revenue during this period.
Subsequently, there were slight fluctuations in total asset turnover between October 29, 2022, and May 4, 2024, with values ranging from 1.21 to 1.31. The ratio dipped to 1.24 on November 2, 2024, but then declined to 1.21 on February 1, 2025.
Overall, the trend in Burlington Stores Inc's total asset turnover ratio indicates periods of both improvement and decline in the company's efficiency in generating sales revenue from its total assets. It is essential to monitor this ratio over time to assess the company's operational efficiency and asset utilization.
Peer comparison
Feb 1, 2025