Chewy Inc (CHWY)
Operating return on assets (Operating ROA)
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 102,695 | 67,344 | 18,634 | -21,248 | 14,072 | 23,357 | 61,671 | 55,753 | -23,148 | -54,642 | -92,483 | -72,178 | 12,608 | 12,228 | -3,857 | -90,464 | -172,662 | -219,133 | -269,942 | -252,726 |
| Total assets | US$ in thousands | 2,957,900 | 3,102,490 | 3,201,050 | 3,186,850 | 2,936,480 | 2,904,010 | 2,738,340 | 2,519,820 | 2,491,160 | 2,368,510 | 2,190,040 | 2,086,280 | 2,195,480 | 2,018,360 | 1,898,530 | 1,740,910 | 1,643,240 | 1,144,840 | 1,123,370 | 932,321 |
| Operating ROA | 3.47% | 2.17% | 0.58% | -0.67% | 0.48% | 0.80% | 2.25% | 2.21% | -0.93% | -2.31% | -4.22% | -3.46% | 0.57% | 0.61% | -0.20% | -5.20% | -10.51% | -19.14% | -24.03% | -27.11% |
October 27, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $102,695K ÷ $2,957,900K
= 3.47%
Operating return on assets (operating ROA) is a key financial ratio that indicates how efficiently a company generates profits from its assets used in its core operations. Analyzing the trend of Chewy Inc's operating ROA over the past few quarters reveals the following:
1. Positive Turnaround: Chewy Inc experienced a positive trend in operating ROA from negative percentages in the first quarter of 2020 to reaching a peak of 3.47% in the most recent quarter, indicating a significant improvement in the company's operational efficiency and profitability.
2. Volatility: The operating ROA of Chewy Inc has shown volatility over the periods analyzed, with fluctuations from negative figures to positive figures. This volatility could be a result of various factors affecting the company's operating performance, such as changes in sales, expenses, or asset utilization.
3. Recovery and Stability: The recent quarters show a consistent positive trend in operating ROA, signaling a potential recovery and stabilization in Chewy Inc's operational profitability. This trend suggests that the company is effectively managing its assets to generate returns for its operations.
4. Long-term Performance: Looking at the longer-term perspective, Chewy Inc has made significant progress in improving its operating ROA compared to the substantial negative percentages reported in previous years. This improvement reflects the company's efforts to enhance operational efficiency and profitability over time.
Overall, Chewy Inc's operating return on assets has displayed a positive turnaround and improvement in recent quarters, indicating enhanced operational efficiency and better utilization of assets to generate profits. Tracking this ratio over time can provide valuable insights into the company's operational performance and effectiveness in utilizing its assets.
Peer comparison
Oct 27, 2024