Oxford Industries Inc (OXM)

Total asset turnover

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 3, 2024	Nov 30, 2023	Oct 28, 2023	Aug 31, 2023	Jul 29, 2023	May 31, 2023	Apr 29, 2023	Feb 28, 2023	Jan 28, 2023	Nov 30, 2022	Oct 29, 2022	Aug 31, 2022	Jul 30, 2022	May 31, 2022	Apr 30, 2022
Revenue (ttm)	US$ in thousands	1,516,601	1,530,524	1,626,928	1,533,672	1,462,118	1,478,008	1,493,898	1,587,365	1,682,588	1,644,753	1,609,518	1,502,454	1,393,634	1,374,580	1,352,926	1,392,474	1,432,022	1,368,508	1,308,663	1,203,811
Total assets	US$ in thousands	1,289,800	1,223,130	1,172,520	1,156,980	1,097,840	1,097,840	1,162,160	1,162,160	1,149,860	1,149,860	1,194,230	1,194,230	1,188,660	1,188,660	1,140,320	1,140,320	957,202	957,202	947,017	947,017
Total asset turnover		1.18	1.25	1.39	1.33	1.33	1.35	1.29	1.37	1.46	1.43	1.35	1.26	1.17	1.16	1.19	1.22	1.50	1.43	1.38	1.27

February 28, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,516,601K ÷ $1,289,800K
= 1.18

Oxford Industries Inc's total asset turnover has shown some fluctuation over the past few reporting periods. The ratio has ranged from a low of 1.16 to a high of 1.50, indicating variability in how efficiently the company is utilizing its assets to generate revenue. Overall, there seems to be a general downward trend in total asset turnover, with the ratio gradually decreasing from the peak observed in August 2022.

It is important for stakeholders to closely monitor this trend as a decreasing total asset turnover may suggest that Oxford Industries Inc is becoming less efficient in generating sales relative to the size of its asset base. Management may need to assess the company's operational efficiency and consider strategies to optimize asset utilization in order to improve overall financial performance.