The Cooper Companies Inc. (COO)
Total asset turnover
Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 3,557,200 | 3,487,900 | 3,390,400 | 3,313,300 | 3,281,000 | 3,229,200 | 3,174,500 | 3,106,000 | 3,000,400 | 2,893,900 | 2,826,900 | 2,641,600 | 2,440,300 | 2,400,800 | 2,410,800 | 2,501,000 | 2,643,200 | 2,636,700 | 2,596,600 | 2,593,900 |
Total assets | US$ in thousands | 12,032,600 | 11,658,900 | 11,697,300 | 11,539,500 | 11,561,100 | 11,492,300 | 11,552,100 | 11,778,000 | 11,662,500 | 9,606,200 | 9,610,600 | 9,013,800 | 8,921,900 | 6,737,500 | 6,748,400 | 6,510,000 | 6,548,500 | 6,274,500 | 6,172,800 | 6,203,400 |
Total asset turnover | 0.30 | 0.30 | 0.29 | 0.29 | 0.28 | 0.28 | 0.27 | 0.26 | 0.26 | 0.30 | 0.29 | 0.29 | 0.27 | 0.36 | 0.36 | 0.38 | 0.40 | 0.42 | 0.42 | 0.42 |
January 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,557,200K ÷ $12,032,600K
= 0.30
The total asset turnover for Cooper Companies, Inc. has shown consistency over the previous quarters, ranging between 0.27 and 0.31. This ratio signifies the company's ability to generate sales revenue in relation to its total assets. With an average total asset turnover of approximately 0.29, it indicates that the company is generating $0.29 in sales for every dollar invested in total assets. The stability of this ratio suggests that Cooper Companies efficiently utilizes its assets to drive sales revenue, maintaining a steady performance in asset utilization over the recent quarters.
Peer comparison
Jan 31, 2024
Company name
Symbol
Total asset turnover
The Cooper Companies Inc.
COO
0.30
National Vision Holdings Inc
EYE
0.98
STAAR Surgical Company
STAA
0.66