Foot Locker Inc (FL)
Total asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,988,000 | 8,159,000 | 8,168,000 | 8,759,000 | 8,761,000 |
| Total assets | US$ in thousands | 6,748,000 | 6,868,000 | 6,868,000 | 7,907,000 | 7,907,000 |
| Total asset turnover | 1.18 | 1.19 | 1.19 | 1.11 | 1.11 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,988,000K ÷ $6,748,000K
= 1.18
Total asset turnover is a key financial ratio that measures a company's ability to generate revenue from its assets. In the case of Foot Locker Inc, the total asset turnover ratio has been relatively stable over the past few years.
From January 28, 2023, to January 31, 2023, the total asset turnover ratio remained constant at 1.11. However, there was a slight increase to 1.19 from January 31, 2023, to January 31, 2024, and this level was maintained until February 3, 2024. Subsequently, there was a slight dip to 1.18 as of January 31, 2025.
Overall, the total asset turnover ratio for Foot Locker Inc indicates that the company has been efficient in utilizing its assets to generate revenue, with a slight improvement in the most recent period. This trend suggests management effectiveness in utilizing assets to drive sales, although further analysis of the company's operations and industry trends would provide a more comprehensive understanding of its performance.
Peer comparison
Jan 31, 2025