Designer Brands Inc (DBI)
Total asset turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,074,976 | 3,081,174 | 3,159,865 | 3,226,967 | 3,315,428 | 3,377,508 | 3,365,955 | 3,323,971 | 3,196,583 | 2,983,309 | 2,782,712 | 2,455,091 | 2,234,719 | 2,454,987 | 2,735,943 | 3,102,181 | 3,492,687 | 3,505,144 | 3,402,987 | 3,340,770 |
| Total assets | US$ in thousands | 2,076,230 | 2,132,580 | 2,147,340 | 2,134,500 | 2,009,620 | 2,171,380 | 2,102,440 | 2,087,740 | 2,014,630 | 2,093,940 | 1,946,050 | 2,032,460 | 1,976,600 | 2,226,720 | 2,273,260 | 2,437,840 | 2,465,070 | 2,536,980 | 2,557,250 | 2,549,170 |
| Total asset turnover | 1.48 | 1.44 | 1.47 | 1.51 | 1.65 | 1.56 | 1.60 | 1.59 | 1.59 | 1.42 | 1.43 | 1.21 | 1.13 | 1.10 | 1.20 | 1.27 | 1.42 | 1.38 | 1.33 | 1.31 |
February 3, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,074,976K ÷ $2,076,230K
= 1.48
Designer Brands Inc's total asset turnover ratio has shown fluctuations over the past few periods, ranging from 1.10 to 1.65. The ratio peaked at 1.65 in January 2023 and hit a low of 1.10 in January 2021. This indicates that, on average, the company generates $1.48 in sales for every $1 of total assets. A higher turnover ratio typically suggests that the company is effectively utilizing its assets to generate revenue. However, fluctuations in the ratio may indicate changes in the company's operating efficiency or sales volume relative to its asset base. Further analysis of the company's operations and industry dynamics would be needed to fully assess the implications of these variations in total asset turnover.
Peer comparison
Feb 3, 2024