Dick’s Sporting Goods Inc (DKS)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 13,442,850 | 13,502,590 | 14,321,580 | 13,890,340 | 13,899,980 | 13,170,230 | 12,503,320 | 12,303,100 | 12,102,220 | 12,475,290 | 12,856,580 | 12,973,260 | 13,078,850 | 12,594,560 | 12,090,930 | 11,832,270 | 12,251,700 | 12,486,180 | 12,146,910 | 12,180,570 |
| Total assets | US$ in thousands | 10,458,700 | 10,451,800 | 9,935,960 | 9,705,000 | 9,311,750 | 10,164,800 | 9,282,330 | 9,282,330 | 9,357,360 | 9,357,360 | 9,107,810 | 9,107,810 | 8,992,200 | 8,992,200 | 8,956,600 | 8,956,600 | 9,065,280 | 9,065,280 | 9,219,800 | 9,041,680 |
| Total asset turnover | 1.29 | 1.29 | 1.44 | 1.43 | 1.49 | 1.30 | 1.35 | 1.33 | 1.29 | 1.33 | 1.41 | 1.42 | 1.45 | 1.40 | 1.35 | 1.32 | 1.35 | 1.38 | 1.32 | 1.35 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $13,442,850K ÷ $10,458,700K
= 1.29
Based on the data provided, Dick’s Sporting Goods Inc's total asset turnover ratio has fluctuated over the periods analyzed. The total asset turnover ratio measures the efficiency of the company in generating sales revenue from its total assets.
The trend analysis of the total asset turnover ratio shows some variability with values ranging from 1.29 to 1.49. Generally, a higher total asset turnover ratio indicates that the company is more efficient in utilizing its assets to generate sales.
In the most recent period, the total asset turnover ratio was recorded at 1.29, which suggests that for every dollar of total assets, the company generated $1.29 in sales revenue. This lower ratio may indicate a decrease in the efficiency of asset utilization compared to the previous periods.
It is important for Dick’s Sporting Goods Inc to closely monitor its total asset turnover ratio to ensure optimal asset utilization and to identify any potential inefficiencies in the management of its assets. The company may need to evaluate strategies to improve asset turnover to enhance its overall financial performance.
Peer comparison
Jan 31, 2025