Foot Locker Inc (FL)
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 | 7,988,000 | 8,108,000 | 8,531,000 | 8,620,000 | 8,733,000 | 8,229,000 | 7,709,000 | 7,651,000 | 7,590,000 | 8,063,000 | 8,528,000 | 8,773,000 | 9,016,000 | 8,744,000 | 8,480,000 | 8,479,000 | 8,646,000 | 8,922,000 | 9,046,000 | 9,060,000 |
| Total assets | US$ in thousands | 6,748,000 | 6,862,000 | 6,953,000 | 6,947,000 | 6,868,000 | 6,868,000 | 7,420,000 | 7,420,000 | 7,536,000 | 7,536,000 | 7,701,000 | 7,643,000 | 7,907,000 | 7,907,000 | 7,762,000 | 7,762,000 | 7,868,000 | 7,868,000 | 7,878,000 | 8,136,000 |
| Total asset turnover | 1.18 | 1.18 | 1.23 | 1.24 | 1.27 | 1.20 | 1.04 | 1.03 | 1.01 | 1.07 | 1.11 | 1.15 | 1.14 | 1.11 | 1.09 | 1.09 | 1.10 | 1.13 | 1.15 | 1.11 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,988,000K ÷ $6,748,000K
= 1.18
The total asset turnover of Foot Locker Inc has fluctuated over the past few years, ranging from a low of 1.01 in July 31, 2023, to a high of 1.27 in February 3, 2024. This ratio indicates how efficiently the company is using its assets to generate revenue. Generally, a higher total asset turnover ratio is favorable, as it suggests that the company is effectively utilizing its assets to generate sales.
The fluctuations in Foot Locker's total asset turnover may be influenced by various factors such as changes in sales volume, asset utilization, or asset management efficiency. It is important for investors and analysts to closely monitor this ratio over time to assess the company's operational performance and efficiency in utilizing its assets.
Peer comparison
Jan 31, 2025