Deckers Outdoor Corporation (DECK)
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 | 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 | 2,132,689 |
| Total assets | US$ in thousands | 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 | 1,765,120 |
| Total asset turnover | 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 | 1.21 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,923,585K ÷ $3,964,350K
= 1.24
The total asset turnover ratio for Deckers Outdoor Corporation has shown fluctuations over the analyzed period. The ratio has ranged from a low of 0.99 in December 2020 to a high of 1.42 in March 2023.
The average total asset turnover ratio for the period was approximately 1.24, indicating that, on average, the company generated $1.24 in revenue for every dollar of assets it held.
In more recent periods, the total asset turnover ratio has been trending upwards, reaching 1.37 in December 2024. This increase suggests that Deckers Outdoor Corporation has been able to more efficiently utilize its assets to generate revenue.
Overall, a total asset turnover ratio above 1 indicates that the company is effectively using its assets to generate sales. It is essential for investors and analysts to monitor this ratio over time to assess the company's efficiency in asset management and revenue generation.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Total Asset Turnover (Quarterly Data)