Capri Holdings Ltd (CPRI)
Total asset turnover
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,134,000 | 5,231,000 | 5,306,000 | 5,434,000 | 5,594,000 | 5,774,000 | 5,891,000 | 5,773,000 | 5,664,000 | 5,377,000 | 5,061,000 | 4,857,000 | 4,043,000 | 4,036,000 | 4,302,000 | 4,640,000 | 5,533,000 | 5,685,000 | 5,500,700 | 5,278,600 |
| Total assets | US$ in thousands | 6,689,000 | 7,617,000 | 7,346,000 | 7,409,000 | 7,295,000 | 7,554,000 | 7,202,000 | 7,610,000 | 7,480,000 | 7,680,000 | 7,493,000 | 7,624,000 | 7,481,000 | 7,765,000 | 7,803,000 | 7,533,000 | 7,946,000 | 8,325,000 | 8,393,000 | 8,308,000 |
| Total asset turnover | 0.77 | 0.69 | 0.72 | 0.73 | 0.77 | 0.76 | 0.82 | 0.76 | 0.76 | 0.70 | 0.68 | 0.64 | 0.54 | 0.52 | 0.55 | 0.62 | 0.70 | 0.68 | 0.66 | 0.64 |
March 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,134,000K ÷ $6,689,000K
= 0.77
The total asset turnover ratio for Capri Holdings Ltd has fluctuated over the past several quarters, ranging from 0.52 to 0.82. This ratio measures how efficiently the company is generating sales revenue relative to its total assets.
A higher total asset turnover ratio indicates that the company is utilizing its assets more effectively to generate sales, while a lower ratio suggests inefficiency in asset utilization.
Capri Holdings' total asset turnover ratio has shown some volatility, but it appears to have generally remained within a moderate range. The variations in the ratio could be attributed to changes in the company's sales volume or asset base over the different reporting periods.
Overall, further analysis and comparison to industry benchmarks would be necessary to fully assess the efficiency of Capri Holdings' asset utilization and its performance relative to its peers.
Peer comparison
Mar 31, 2024