Chewy Inc (CHWY)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 11,861,270 | 11,470,870 | 11,470,950 | 11,469,120 | 11,457,190 | 11,446,430 | 11,307,320 | 11,168,910 | 11,100,020 | 11,030,710 | 11,076,780 | 11,046,850 | 10,974,160 | 10,729,360 | 10,476,800 | 10,200,330 | 9,922,980 | 9,819,190 | 9,675,470 | 9,632,860 |
| Total assets | US$ in thousands | 3,014,530 | 2,957,900 | 2,957,900 | 3,102,490 | 3,102,490 | 3,201,050 | 3,201,050 | 3,420,930 | 3,186,850 | 2,936,480 | 2,936,480 | 2,904,010 | 2,904,010 | 2,738,340 | 2,515,080 | 2,519,820 | 2,491,160 | 2,491,160 | 2,368,510 | 2,190,040 |
| Total asset turnover | 3.93 | 3.88 | 3.88 | 3.70 | 3.69 | 3.58 | 3.53 | 3.26 | 3.48 | 3.76 | 3.77 | 3.80 | 3.78 | 3.92 | 4.17 | 4.05 | 3.98 | 3.94 | 4.09 | 4.40 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $11,861,270K ÷ $3,014,530K
= 3.93
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. A higher total asset turnover indicates that the company is more efficient in utilizing its assets to generate sales.
Based on the data provided, Chewy Inc's total asset turnover ranged from 3.26 to 4.40 over the period from May 1, 2022, to January 31, 2025. The trend in total asset turnover shows some fluctuations but generally remained above 3.00, indicating that Chewy Inc was able to generate sales revenue relative to its total assets during this period.
The highest total asset turnover of 4.40 was observed on May 1, 2022, while the lowest was 3.26 on January 31, 2024. The company experienced some variability in total asset turnover over time, suggesting changes in its asset utilization efficiency.
Overall, Chewy Inc's total asset turnover ratio demonstrates that the company effectively used its assets to generate sales revenue, although the fluctuations in the ratio over time may warrant further investigation into the company's asset management strategies.
Peer comparison
Jan 31, 2025