Burlington Stores Inc (BURL)
Total asset turnover
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 7,286,390 | 7,075,860 | 6,935,240 | 6,777,960 |
| Total assets | US$ in thousands | 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 | 5,593,860 | 5,507,590 | 5,046,440 | 5,065,240 |
| Total asset turnover | 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 | 1.30 | 1.28 | 1.37 | 1.34 |
February 3, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $9,727,480K ÷ $7,706,840K
= 1.26
The total asset turnover of Burlington Stores Inc has shown fluctuations over the past few years, ranging from 0.82 to 1.37. The ratio indicates how efficiently the company is generating sales from its total assets. A higher total asset turnover signifies that the company is effectively utilizing its assets to generate revenue.
During the most recent period, the total asset turnover was 1.26, which suggests that for every dollar of assets Burlington Stores Inc had, it generated $1.26 in sales. This figure has been relatively consistent over the last few quarters, hovering around 1.20 to 1.32, indicating a stable performance in asset utilization.
It is important for investors and analysts to monitor the total asset turnover trend over time to assess the company's operational efficiency and asset management strategies. Overall, the total asset turnover of Burlington Stores Inc reflects a relatively stable and efficient use of assets to generate revenue.
Peer comparison
Feb 3, 2024