The Gap, Inc. (GAP)
Total asset turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,086,000 | 14,889,000 | 15,616,000 | 16,670,000 | 13,800,000 |
| Total assets | US$ in thousands | 11,885,000 | 11,044,000 | 11,386,000 | 12,761,000 | 13,769,000 |
| Total asset turnover | 1.27 | 1.35 | 1.37 | 1.31 | 1.00 |
February 1, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $15,086,000K ÷ $11,885,000K
= 1.27
The total asset turnover ratio of The Gap, Inc. has shown an increasing trend over the past five years, indicating the company's improved efficiency in generating sales from its total assets. From 1.00 in January 30, 2021, the ratio has steadily increased to 1.27 by February 1, 2025. This suggests that the company has been able to generate more revenue relative to its total assets, which is a positive sign of operational efficiency and asset utilization. The higher total asset turnover ratio signifies that The Gap, Inc. is effectively using its assets to generate sales and potentially indicating better management of inventory, receivables, and investments.
Peer comparison
Feb 1, 2025