Caleres Inc (CAL)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,722,680 | 2,815,640 | 2,817,290 | 2,968,140 | 2,966,830 |
| Total assets | US$ in thousands | 1,894,750 | 1,804,750 | 1,804,750 | 1,836,470 | 1,836,470 |
| Total asset turnover | 1.44 | 1.56 | 1.56 | 1.62 | 1.62 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,722,680K ÷ $1,894,750K
= 1.44
To analyze Caleres Inc's total asset turnover, we look at how efficiently the company generates revenue from its total assets. The total asset turnover ratio provides insight into the effectiveness of the company in utilizing its assets to generate sales.
Based on the data provided, Caleres Inc's total asset turnover ratio has been relatively consistent over the years. The ratio was 1.62 as of January 28, 2023, and remained the same on January 31, 2023. It then decreased slightly to 1.56 as of January 31, 2024, and maintained this level on February 3, 2024. By January 31, 2025, the total asset turnover ratio decreased further to 1.44.
A total asset turnover ratio of above 1 indicates that the company is generating more revenue per dollar of assets invested. However, the downward trend in Caleres Inc's total asset turnover ratio over the period may suggest a decrease in the efficiency of its asset utilization in generating sales. Further analysis of the company's operations and asset management may be warranted to understand the factors contributing to this trend and to identify potential areas for improvement.
Peer comparison
Jan 31, 2025