Korn Ferry (KFY)
Total asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,761,090 | 2,795,500 | 2,863,840 | 2,643,460 | 1,819,950 |
| Total assets | US$ in thousands | 3,861,220 | 3,678,870 | 3,574,440 | 3,464,550 | 3,056,530 |
| Total asset turnover | 0.72 | 0.76 | 0.80 | 0.76 | 0.60 |
April 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,761,090K ÷ $3,861,220K
= 0.72
The analysis of Korn Ferry's total asset turnover over the specified period reveals several notable trends. As of April 30, 2021, the total asset turnover stood at 0.60, indicating that the company generated $0.60 in revenue for each dollar of assets employed. From this point, there was a marked improvement by April 30, 2022, with the ratio rising to 0.76, reflecting enhanced operational efficiency and better utilization of assets to generate revenue. The upward trend persisted into April 30, 2023, reaching a ratio of 0.80, which suggests continued optimization of asset deployment and potentially stronger revenue generation relative to asset base.
However, after reaching this peak, the ratio experienced a slight decline by April 30, 2024, decreasing back to 0.76. This reduction could imply a modest slowdown in asset efficiency, possibly due to increased investments in assets not yet fully contributing to revenue, or a shift in operational focus. The ratio further decreased to 0.72 by April 30, 2025, indicating a continuing decline in asset utilization efficiency over the most recent year.
Overall, the total asset turnover has demonstrated a strong improvement from 2021 to 2023, signifying more effective asset usage and strong operational performance during that period. The subsequent slight decline suggests a potential stabilization or sensitivity to investment cycles, market conditions, or strategic adjustments. Continuous monitoring of this ratio will be essential to understanding whether these recent declines are temporary or indicative of a longer-term trend.
Peer comparison
Apr 30, 2025