Lululemon Athletica Inc. (LULU)

Total asset turnover

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Revenue	US$ in thousands	10,588,100	9,619,280	9,586,750	8,110,520	8,149,170
Total assets	US$ in thousands	6,931,740	7,091,940	7,091,940	5,607,040	5,607,040
Total asset turnover		1.53	1.36	1.35	1.45	1.45

January 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $10,588,100K ÷ $6,931,740K
= 1.53

Total asset turnover measures how efficiently a company utilizes its assets to generate revenue. A higher total asset turnover indicates better asset utilization.

Looking at the data provided, we observe that Lululemon Athletica Inc.'s total asset turnover has remained relatively stable over the periods presented. At the beginning of the period, the total asset turnover was 1.45, indicating that for every dollar of assets, the company generated $1.45 in revenue. This ratio then decreased slightly to 1.35 in January 28, 2024, and increased to 1.36 in January 31, 2024.

In the most recent period, January 31, 2025, the total asset turnover improved significantly to 1.53. This increase suggests that Lululemon has become more efficient in using its assets to generate revenue, which is a positive sign.

Overall, Lululemon Athletica Inc.'s total asset turnover reflects a reasonable level of efficiency in generating revenue from its assets. The increasing trend in recent periods indicates improved asset utilization, which could lead to greater profitability and shareholder value in the future.