Macy’s Inc (M)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 23,006,000 | 23,374,000 | 26,846,000 | 26,788,000 | 26,826,000 | 23,731,000 | 20,636,000 | 20,771,000 | 20,906,000 | 24,152,000 | 27,455,000 | 27,749,000 | 28,043,000 | 25,321,000 | 22,572,000 | 22,644,000 | 26,106,000 | 28,955,000 | 28,774,000 | 28,487,000 |
| Total assets | US$ in thousands | 16,402,000 | 17,293,000 | 15,833,000 | 16,449,000 | 16,246,000 | 17,423,000 | 18,111,000 | 18,111,000 | 16,304,000 | 16,304,000 | 16,868,000 | 16,868,000 | 16,866,000 | 16,866,000 | 18,230,000 | 18,230,000 | 16,342,000 | 16,342,000 | 16,972,000 | 17,590,000 |
| Total asset turnover | 1.40 | 1.35 | 1.70 | 1.63 | 1.65 | 1.36 | 1.14 | 1.15 | 1.28 | 1.48 | 1.63 | 1.65 | 1.66 | 1.50 | 1.24 | 1.24 | 1.60 | 1.77 | 1.70 | 1.62 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $23,006,000K ÷ $16,402,000K
= 1.40
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. Macy’s Inc has shown fluctuations in its total asset turnover ratio over the past few years. The ratio increased steadily from 1.62 in January 2022 to a peak of 1.77 in July 2022. However, in the following periods, the ratio decreased, reaching 1.14 in October 2023. There was a slight recovery in the ratio in the following periods, showing a varying trend. As of January 31, 2025, Macy’s Inc had a total asset turnover ratio of 1.40, indicating that the company generated $1.40 in revenue for every dollar of assets during that period. The fluctuating nature of the ratio suggests changes in Macy’s efficiency in utilizing its assets to generate sales over the years.
Peer comparison
Jan 31, 2025