Deckers Outdoor Corporation (DECK)
Total asset turnover
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 4,985,607 | 4,923,585 | 4,656,735 | 4,437,325 | 4,287,769 | 4,119,582 | 3,904,912 | 3,688,616 | 3,627,286 | 3,571,722 | 3,413,832 | 3,260,120 | 3,150,337 | 2,975,518 | 2,865,528 | 2,767,151 | 2,545,642 | 2,359,364 | 2,220,339 | 2,139,019 |
Total assets | US$ in thousands | 3,570,250 | 3,964,350 | 3,398,140 | 3,306,220 | 3,135,580 | 3,347,460 | 2,848,530 | 2,847,900 | 2,556,200 | 2,809,290 | 2,466,350 | 2,513,250 | 2,332,250 | 2,547,570 | 2,410,430 | 2,291,260 | 2,167,700 | 2,387,850 | 2,050,350 | 1,848,570 |
Total asset turnover | 1.40 | 1.24 | 1.37 | 1.34 | 1.37 | 1.23 | 1.37 | 1.30 | 1.42 | 1.27 | 1.38 | 1.30 | 1.35 | 1.17 | 1.19 | 1.21 | 1.17 | 0.99 | 1.08 | 1.16 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,985,607K ÷ $3,570,250K
= 1.40
Deckers Outdoor Corporation's total asset turnover ratio has shown fluctuation over the period from June 30, 2020, to March 31, 2025. The ratio measures the efficiency of the company in generating sales revenue from its total assets. Generally, a higher total asset turnover ratio indicates better asset utilization.
The ratio started at 1.16 on June 30, 2020, and decreased to 0.99 by December 31, 2020, indicating a drop in efficiency in generating sales from assets during that period. However, from March 31, 2021, there was a notable improvement in the ratio, reaching peaks of 1.42 on March 31, 2023, and 1.40 on March 31, 2025.
The highest ratio achieved indicates that Deckers Outdoor Corporation was able to generate $1.40 in sales for every $1 of assets owned. The overall trend suggests that the company's efficiency in utilizing its assets to generate revenue has been improving, with some fluctuations along the way. This upward trend in total asset turnover ratio reflects positively on the company's operational efficiency and asset management strategies.
Peer comparison
Mar 31, 2025
See also:
Deckers Outdoor Corporation Total Asset Turnover (Quarterly Data)