Lululemon Athletica Inc. (LULU)

Total asset turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Revenue (ttm)	US$ in thousands	10,588,130	10,181,730	10,987,150	10,820,290	10,815,620	9,819,680	8,826,760	8,623,330	9,190,950	9,773,070	9,420,800	9,276,900	8,373,390	7,205,950	6,962,520	7,234,740	7,510,760	7,337,340	7,174,500	6,496,010
Total assets	US$ in thousands	7,603,290	7,083,670	6,744,140	6,828,500	7,091,940	7,091,940	6,022,260	6,022,260	5,992,460	5,992,460	5,571,540	5,607,040	5,607,040	5,309,440	5,309,440	4,920,710	4,697,210	4,697,210	4,942,480	4,942,480
Total asset turnover		1.39	1.44	1.63	1.58	1.53	1.38	1.47	1.43	1.53	1.63	1.69	1.65	1.49	1.36	1.31	1.47	1.60	1.56	1.45	1.31

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,588,130K ÷ $7,603,290K
= 1.39

The total asset turnover ratio of Lululemon Athletica Inc. has been fluctuating over the past few years. It stood at 1.31 on January 30, 2022, increased to 1.60 on May 1, 2022, and then fluctuated between 1.31 and 1.69 until January 31, 2023. From April 30, 2023, to July 31, 2024, the ratio consistently stayed above 1.50 with the highest value being 1.69. However, by January 31, 2025, the total asset turnover ratio decreased to 1.39. Overall, the trend indicates that Lululemon Athletica Inc. has been effectively utilizing its assets to generate sales during this period, with some fluctuations along the way.