Carter’s Inc (CRI)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,844,020 | 2,811,464 | 2,843,417 | 2,878,969 | 2,911,867 | 2,964,819 | 2,990,695 | 3,070,682 | 3,150,547 | 3,294,716 | 3,361,194 | 3,420,196 | 3,425,819 | 3,353,810 | 3,345,468 | 3,133,951 | 2,993,623 | 3,120,152 | 3,196,123 | 3,409,921 |
| Total assets | US$ in thousands | 2,433,170 | 2,378,380 | 2,355,520 | 2,285,520 | 2,378,610 | 2,319,810 | 2,288,470 | 2,283,330 | 2,439,720 | 2,597,950 | 2,560,650 | 2,948,080 | 3,188,000 | 3,294,260 | 3,315,930 | 3,310,470 | 3,392,580 | 3,281,620 | 3,412,630 | 3,153,500 |
| Total asset turnover | 1.17 | 1.18 | 1.21 | 1.26 | 1.22 | 1.28 | 1.31 | 1.34 | 1.29 | 1.27 | 1.31 | 1.16 | 1.07 | 1.02 | 1.01 | 0.95 | 0.88 | 0.95 | 0.94 | 1.08 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,844,020K ÷ $2,433,170K
= 1.17
Carter’s Inc has shown varying levels of total asset turnover over the past several quarters. The total asset turnover ratio measures how efficiently a company utilizes its assets to generate revenue.
From March 31, 2020, to December 31, 2020, the total asset turnover decreased from 1.08 to 0.88, indicating a decline in the company's ability to generate revenue from its assets during this period. This could be due to various factors such as reduced sales or inefficient asset utilization.
However, from March 31, 2021, to June 30, 2022, the total asset turnover showed an increasing trend, reaching a peak of 1.31 on June 30, 2022. This improvement suggests that Carter’s Inc became more efficient in converting its assets into revenue during this period.
Subsequently, the total asset turnover ratio fluctuated slightly between June 30, 2022, and December 31, 2024, ranging from 1.17 to 1.34. These fluctuations could be influenced by changes in the company's sales volume, asset base, or operational efficiency.
Overall, the trend in total asset turnover for Carter’s Inc indicates both fluctuations and improvements in asset utilization efficiency over the reviewed periods. Monitoring this ratio can provide insights into the company's operational performance and efficiency in generating revenue from its assets.
Peer comparison
Dec 31, 2024