Dick’s Sporting Goods Inc (DKS)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,442,800 | 13,017,800 | 12,984,400 | 12,368,200 | 12,284,800 |
| Total assets | US$ in thousands | 10,458,700 | 9,311,750 | 9,311,750 | 8,992,200 | 8,992,200 |
| Total asset turnover | 1.29 | 1.40 | 1.39 | 1.38 | 1.37 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $13,442,800K ÷ $10,458,700K
= 1.29
The total asset turnover ratio for Dick’s Sporting Goods Inc has been showing a consistent trend of improvement from January 28, 2023, to January 31, 2025. The ratio increased from 1.37 to 1.29, indicating that the company generated $1.29 in sales for every dollar of assets invested. This improvement suggests that Dick’s Sporting Goods Inc has been more efficient in utilizing its assets to generate revenues over time. However, the slight decrease in the ratio from 1.40 on February 3, 2024, to 1.29 on January 31, 2025, may indicate a potential dip in asset utilization efficiency, which warrants further investigation to identify factors affecting the company's performance.
Peer comparison
Jan 31, 2025