Dave & Buster’s Entertainment (PLAY)

Total asset turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 4, 2024	Jan 31, 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	2,132,700	2,162,100	2,308,200	2,218,000	2,067,900	2,046,100	1,945,000	2,075,400	2,201,161	2,192,813	2,176,019	2,031,551	1,936,149	1,841,897	1,811,792	1,702,062	1,558,491	1,436,967	1,349,776	1,384,312
Total assets	US$ in thousands	4,015,800	3,941,100	3,833,900	3,785,300	3,754,400	3,754,400	3,697,800	3,697,800	3,729,400	3,729,400	3,694,400	3,761,000	3,761,000	3,685,090	3,685,090	3,650,740	2,443,100	2,443,100	2,345,790	2,345,790
Total asset turnover		0.53	0.55	0.60	0.59	0.55	0.54	0.53	0.56	0.59	0.59	0.59	0.54	0.51	0.50	0.49	0.47	0.64	0.59	0.58	0.59

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,132,700K ÷ $4,015,800K
= 0.53

The total asset turnover ratio measures a company's efficiency in generating sales from its total assets. For Dave & Buster’s Entertainment, the total asset turnover has fluctuated over the periods provided, ranging from 0.47 to 0.64.

The trend shows some variability, but generally indicates that the company is able to generate sales volume relative to its total assets. A higher ratio indicates better asset utilization, as seen in periods where the ratio is above 0.55.

It is worth noting that a low or decreasing total asset turnover ratio can suggest inefficiency in asset management or potential underperformance in generating sales. Therefore, monitoring this ratio over time can provide insights into the company's operational efficiency and effectiveness in utilizing its assets to drive revenue.