Capri Holdings Ltd (CPRI)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 5,170,000 | 5,619,000 | 5,654,000 | 4,060,000 |
| Total assets | US$ in thousands | — | 6,689,000 | 7,295,000 | 7,480,000 | 7,481,000 |
| Total asset turnover | — | 0.77 | 0.77 | 0.76 | 0.54 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $—K ÷ $—K
= —
Total asset turnover is a financial ratio used to evaluate a company's efficiency in generating sales revenue from its total assets. In the case of Capri Holdings Ltd, the trend of total asset turnover has been generally increasing over the past few years.
As of March 31, 2021, the total asset turnover was 0.54, indicating that the company generated $0.54 in sales for every dollar of assets. This ratio improved significantly to 0.76 by March 31, 2022, suggesting that the company became more efficient in utilizing its assets to generate sales.
By March 31, 2023, the total asset turnover further increased to 0.77, and it remained the same at 0.77 by March 31, 2024. This stability in the ratio indicates that Capri Holdings Ltd continued to effectively utilize its assets to drive sales.
Unfortunately, the data for March 31, 2025 is unavailable. It would have been beneficial to assess whether the upward trend in total asset turnover continued, signifying continued efficiency in asset utilization for revenue generation.
Overall, the increasing trend in total asset turnover from 0.54 in 2021 to 0.77 in 2024 suggests that Capri Holdings Ltd has been improving its efficiency in generating sales from its assets, which is a positive indication of the company's operational effectiveness.
Peer comparison
Mar 31, 2025