Dave & Buster’s Entertainment (PLAY)

Total asset turnover

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Revenue (ttm)	US$ in thousands	2,065,800	2,035,652	2,050,484	2,003,725	1,877,325	1,668,361	1,520,082	1,432,751	1,243,626	1,035,659	840,158	527,081	436,512	666,849	857,149	1,150,915	1,354,691	1,339,317	1,322,104	1,296,693
Total assets	US$ in thousands	3,754,400	3,697,800	3,729,400	3,694,400	3,761,000	3,685,090	3,650,740	2,443,100	2,345,790	2,350,720	2,384,500	2,317,980	2,352,820	2,385,060	2,619,970	2,563,350	2,370,140	2,298,190	2,234,080	2,164,890
Total asset turnover		0.55	0.55	0.55	0.54	0.50	0.45	0.42	0.59	0.53	0.44	0.35	0.23	0.19	0.28	0.33	0.45	0.57	0.58	0.59	0.60

February 4, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,065,800K ÷ $3,754,400K
= 0.55

Dave & Buster’s Entertainment's total asset turnover has shown fluctuations over the past several quarters. The ratio measures the company's efficiency in generating sales revenue from its total assets.

The total asset turnover ratio has ranged between 0.19 and 0.60 over the past 21 quarters. It experienced a gradual increase from 0.19 in January 2021 to 0.59 in May 2022 before reaching its highest point of 0.60 in May 2019.

While the ratio peaked in May 2019, it has generally shown a downward trend since then, with occasional fluctuations. However, in recent quarters, there has been some stabilization with the ratio hovering around the 0.50 to 0.55 range from April 2023 to February 2024.

Overall, the total asset turnover indicates that Dave & Buster’s has been able to generate sales efficiently relative to its total assets, although there have been periods of lower efficiency in utilizing its assets to generate revenue. Continued monitoring and analysis of this ratio can provide insights into the company's operational efficiency and asset utilization.