Deckers Outdoor Corporation (DECK)
Total asset turnover
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 4,985,610 | 4,287,760 | 3,627,290 | 3,150,340 | 2,545,640 |
Total assets | US$ in thousands | 3,570,250 | 3,135,580 | 2,556,200 | 2,332,250 | 2,167,700 |
Total asset turnover | 1.40 | 1.37 | 1.42 | 1.35 | 1.17 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,985,610K ÷ $3,570,250K
= 1.40
Deckers Outdoor Corporation's total asset turnover has shown a generally increasing trend over the past five years, rising from 1.17 in March 31, 2021, to 1.40 in March 31, 2025. This indicates that the company is generating more revenue relative to its total assets each year, reflecting an improvement in efficiency in utilizing its assets to generate sales. The peak total asset turnover of 1.42 in March 31, 2023, suggests a particularly effective asset utilization during that period. Overall, the increasing trend in total asset turnover demonstrates Deckers Outdoor Corporation's ability to efficiently generate sales from its asset base over the years, which is a positive indication of operational efficiency and effective resource management.
Peer comparison
Mar 31, 2025