Korn Ferry (KFY)
Total asset turnover
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,761,086 | 2,741,182 | 2,741,517 | 2,772,004 | 2,795,505 | 2,833,706 | 2,843,678 | 2,866,950 | 2,863,836 | 2,852,715 | 2,850,826 | 2,758,505 | 2,643,455 | 2,473,846 | 2,266,770 | 2,061,161 | 1,819,946 | 1,711,528 | 1,761,627 | 1,828,015 |
| Total assets | US$ in thousands | 3,861,220 | 3,649,660 | 3,526,650 | 3,447,570 | 3,678,870 | 3,556,320 | 3,360,960 | 3,313,470 | 3,574,440 | 3,406,190 | 3,261,740 | 3,204,080 | 3,464,550 | 3,336,100 | 3,117,490 | 2,942,480 | 3,056,530 | 2,863,470 | 2,692,640 | 2,618,100 |
| Total asset turnover | 0.72 | 0.75 | 0.78 | 0.80 | 0.76 | 0.80 | 0.85 | 0.87 | 0.80 | 0.84 | 0.87 | 0.86 | 0.76 | 0.74 | 0.73 | 0.70 | 0.60 | 0.60 | 0.65 | 0.70 |
April 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,761,086K ÷ $3,861,220K
= 0.72
The total asset turnover ratio of Korn Ferry demonstrates notable fluctuations over the analyzed period, reflecting the company's efficiency in generating revenue relative to its total assets. Beginning at a relatively moderate level of 0.70 as of July 31, 2020, the ratio declined through subsequent quarters, reaching a low of approximately 0.60 by January 31, 2021, and maintaining this level through April 30, 2021.
In the latter half of 2021 and into early 2022, the ratio steadily increased, signaling improved asset utilization. The most prominent rise is observed between July 31, 2022 (0.86) and October 31, 2022 (0.87), indicating enhanced efficiency in leveraging assets to generate revenue. The ratio continued on an upward trajectory into early 2023, peaking at 0.87 in October 2022 and slightly declining thereafter to 0.84 by January 31, 2023 and 0.80 by April 30, 2023.
Subsequently, the ratio experienced minor oscillations, remaining within a range of approximately 0.76 to 0.87. Notably, during the period from July 31, 2023 to October 31, 2024, the ratio hovered around 0.80–0.87, indicating relative stability in asset utilization. Towards the end of the observed timeframe, there is a slight downward trend, with the ratio decreasing to approximately 0.72 by April 30, 2025.
Overall, the trend suggests periods of both increased efficiency and relative stability in how Korn Ferry utilizes its assets to generate revenue. The initial decline indicates a phase of reduced asset utilization, followed by a recovery and stabilization at higher levels, before a modest decline resumes towards the most recent data. The fluctuations reflect potential changes in operational scale, strategic focus, or market conditions affecting asset deployment efficiency over time.
Peer comparison
Apr 30, 2025