Caleres Inc (CAL)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,722,682 | 2,780,047 | 2,736,229 | 2,814,816 | 2,917,522 | 2,916,464 | 2,914,874 | 2,815,704 | 2,716,289 | 2,717,190 | 2,717,889 | 2,853,413 | 2,989,182 | 3,031,078 | 3,073,176 | 3,010,034 | 2,891,056 | 2,831,988 | 2,877,814 | 2,926,624 |
| Total assets | US$ in thousands | 1,894,750 | 1,955,940 | 2,019,980 | 1,861,110 | 1,804,750 | 2,035,480 | 1,826,890 | 1,826,890 | 1,903,960 | 1,903,960 | 1,818,080 | 1,818,080 | 1,836,470 | 1,836,470 | 1,948,310 | 1,948,310 | 2,025,210 | 2,025,210 | 1,928,300 | 1,843,930 |
| Total asset turnover | 1.44 | 1.42 | 1.35 | 1.51 | 1.62 | 1.43 | 1.60 | 1.54 | 1.43 | 1.43 | 1.49 | 1.57 | 1.63 | 1.65 | 1.58 | 1.54 | 1.43 | 1.40 | 1.49 | 1.59 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,722,682K ÷ $1,894,750K
= 1.44
Caleres Inc's total asset turnover has exhibited fluctuations over the reported periods, ranging from a low of 1.35 to a high of 1.65. The total asset turnover ratio measures the company's efficiency in generating sales revenue relative to its total assets. A higher ratio indicates that the company is generating more sales from its assets.
The trend in Caleres Inc's total asset turnover shows some variability, with periods of increase and decrease. For instance, there was a notable increase from January 31, 2022, where the ratio was 1.59, to January 28, 2023, where it peaked at 1.65. This suggests that the company was able to utilize its assets more effectively to generate sales revenue during that period.
However, there are also instances where the total asset turnover ratio decreased, such as the decline from February 3, 2024, at 1.62, to July 31, 2024, at 1.35. This decline may indicate a decrease in sales relative to the total assets employed during that period, which could be a cause for further investigation.
Overall, monitoring the total asset turnover ratio can provide insights into Caleres Inc's operational efficiency and asset utilization. It is essential for the company's management to focus on optimizing the use of its assets to drive higher sales and improve overall financial performance.
Peer comparison
Jan 31, 2025