Kohls Corp (KSS)
Total asset turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,132,000 | 17,199,000 | 17,430,000 | 17,634,000 | 17,794,000 | 18,287,000 | 18,625,000 | 19,000,000 | 15,554,000 | 15,261,000 | 14,628,000 | 13,777,000 | 16,004,000 | 16,695,000 | 17,428,000 | 18,219,000 | 19,878,000 | 19,848,000 | 19,842,000 | 20,087,000 |
| Total assets | US$ in thousands | 14,009,000 | 15,467,000 | 14,794,000 | 14,710,000 | 14,345,000 | 16,234,000 | 15,623,000 | 15,253,000 | 15,054,000 | 15,951,000 | 15,506,000 | 14,689,000 | 15,337,000 | 15,444,000 | 15,235,000 | 15,869,000 | 14,555,000 | 15,739,000 | 14,542,000 | 14,466,000 |
| Total asset turnover | 1.22 | 1.11 | 1.18 | 1.20 | 1.24 | 1.13 | 1.19 | 1.25 | 1.03 | 0.96 | 0.94 | 0.94 | 1.04 | 1.08 | 1.14 | 1.15 | 1.37 | 1.26 | 1.36 | 1.39 |
February 3, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $17,132,000K ÷ $14,009,000K
= 1.22
The total asset turnover ratio for Kohls Corp has shown some fluctuations over the past few quarters, ranging from 0.94 to 1.39. Total asset turnover measures the efficiency of a company in generating sales from its total assets. A higher total asset turnover ratio indicates that the company is effectively utilizing its assets to generate revenue.
In the most recent period, the total asset turnover ratio was 1.22, showing an improvement from the previous quarter. This suggests that Kohls Corp was able to generate $1.22 in sales for every dollar of assets it owns. However, it is important to note that the ratio trended lower in the preceding quarters before rebounding.
Overall, Kohls Corp's total asset turnover ratio has been relatively strong, with some variability in performance. Investors and stakeholders should continue to monitor this ratio along with other financial metrics to assess the company's operational efficiency and effectiveness in asset utilization.
Peer comparison
Feb 3, 2024