Caleres Inc (CAL)

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 2,816,517 2,816,158 2,852,512 2,895,309 2,967,062 2,950,092 2,935,760 2,872,990 2,776,602 2,666,277 2,529,860 2,355,776 2,115,012 2,243,877 2,388,743 2,639,752 2,920,416 2,249,503 1,473,096 748,492
Total assets US$ in thousands 1,804,750 1,826,890 1,903,960 1,818,080 1,836,470 1,948,310 2,025,210 1,928,300 1,843,930 1,874,560 1,832,900 1,802,820 1,867,050 2,027,060 2,112,390 2,223,680 2,431,710 2,471,210 2,644,390 2,493,070
Total asset turnover 1.56 1.54 1.50 1.59 1.62 1.51 1.45 1.49 1.51 1.42 1.38 1.31 1.13 1.11 1.13 1.19 1.20 0.91 0.56 0.30

February 3, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,816,517K ÷ $1,804,750K
= 1.56

Total asset turnover measures how efficiently a company is utilizing its assets to generate revenue. A higher total asset turnover indicates that the company is generating more revenue per dollar of assets.

For Caleres Inc, the total asset turnover has varied over the past 20 quarters, ranging from a low of 0.30 to a high of 1.62. The trend fluctuates with some quarters showing improvements and others experiencing slight declines.

The company's total asset turnover ratio was relatively strong in the most recent quarter at 1.56, implying that Caleres Inc generated $1.56 in revenue for every $1 of assets. This indicates effective asset utilization and efficient revenue generation.

Overall, despite fluctuations, Caleres Inc has maintained a generally healthy total asset turnover ratio, suggesting that the company is effectively managing its assets to generate revenue over the analyzed periods. Future monitoring of this ratio will be key to understanding if the company's asset efficiency continues to trend positively.


Peer comparison

Feb 3, 2024