Oxford Industries Inc (OXM)

Total asset turnover

		Feb 28, 2025	Feb 29, 2024	Feb 3, 2024	Feb 28, 2023	Jan 28, 2023
Revenue	US$ in thousands	1,516,600	1,571,480	1,573,230	1,411,530	1,414,130
Total assets	US$ in thousands	1,289,800	1,097,840	1,097,840	1,188,660	1,188,660
Total asset turnover		1.18	1.43	1.43	1.19	1.19

February 28, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,516,600K ÷ $1,289,800K
= 1.18

Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its total assets. The ratio is calculated by dividing the company's total revenue by its average total assets.

Based on the provided data for Oxford Industries Inc, we observe fluctuation in the total asset turnover ratio over the years. The ratio was consistent at 1.19 for January and February 2023, indicating that the company was generating $1.19 in revenue for every $1 of total assets during that period.

However, there was a notable increase in the ratio to 1.43 in February 2024, suggesting that the company became more efficient in utilizing its assets to generate revenue. This could be attributed to improvements in operations or sales strategies.

Subsequently, the ratio decreased back to 1.18 in February 2025, indicating a potential decline in the efficiency of asset utilization for revenue generation compared to the previous year.

Overall, it is important for Oxford Industries Inc to closely monitor its total asset turnover ratio to ensure optimal utilization of assets in generating revenue and to identify opportunities for efficiency improvements in its operations.