Guess? Inc. (GES)
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 | 2,995,273 | 2,935,701 | 3,088,233 | 3,006,843 | 3,060,147 | 2,851,979 | 2,619,699 | 2,538,327 | 2,456,777 | 2,610,049 | 2,734,401 | 2,798,006 | 2,864,259 | 2,689,165 | 2,545,538 | 2,505,608 | 2,675,593 | 2,832,838 | 2,836,413 | 2,886,010 |
| Total assets | US$ in thousands | 2,766,680 | 2,794,660 | 2,776,640 | 2,748,640 | 2,590,020 | 2,590,020 | 2,478,780 | 2,478,780 | 2,489,160 | 2,489,160 | 2,440,720 | 2,440,720 | 2,425,450 | 2,425,450 | 2,316,620 | 2,316,620 | 2,316,670 | 2,316,670 | 2,250,010 | 2,555,630 |
| Total asset turnover | 1.08 | 1.05 | 1.11 | 1.09 | 1.18 | 1.10 | 1.06 | 1.02 | 0.99 | 1.05 | 1.12 | 1.15 | 1.18 | 1.11 | 1.10 | 1.08 | 1.15 | 1.22 | 1.26 | 1.13 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,995,273K ÷ $2,766,680K
= 1.08
Guess? Inc.'s total asset turnover indicates the efficiency with which the company utilizes its total assets to generate revenue. The trend in total asset turnover over the period from January 31, 2022, to January 31, 2025, shows fluctuations but generally maintains a range between 1.08 and 1.26.
The company experienced a peak in total asset turnover in April 30, 2022, at 1.26, signaling that Guess? Inc. was generating $1.26 in revenue for every $1 of total assets during that period. This suggests efficient asset utilization.
However, the total asset turnover later declined, reaching a low point of 0.99 on July 31, 2023, indicating a decrease in revenue generated per dollar of total assets. This may be a signal of less effective asset management or lower sales efficiency during that particular period.
Thereafter, the total asset turnover showed some recovery, hovering between 1.02 and 1.18 until January 31, 2025, indicating a moderate improvement in asset utilization efficiency. The latest reported total asset turnover figure on January 31, 2025, stands at 1.08.
Overall, while there have been fluctuations in total asset turnover for Guess? Inc. over the given period, the company generally appears to be efficiently utilizing its assets to generate revenue, with some fluctuations possibly reflecting changes in business operations or market conditions. Further analysis in conjunction with other financial metrics would provide a more comprehensive understanding of the company's performance.