PVH Corp (PVH)

Total asset turnover

		Feb 28, 2025	Feb 29, 2024	Feb 4, 2024	Feb 28, 2023	Jan 29, 2023
Revenue	US$ in thousands	8,652,900	9,217,700	9,217,700	9,024,200	9,024,200
Total assets	US$ in thousands	11,033,200	11,172,900	11,172,900	11,768,300	11,768,300
Total asset turnover		0.78	0.83	0.83	0.77	0.77

February 28, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $8,652,900K ÷ $11,033,200K
= 0.78

The total asset turnover ratio for PVH Corp has remained relatively stable over the period analyzed. In January and February of 2023, and in February of 2025, the total asset turnover was 0.77, indicating that the company generated $0.77 in sales revenue for every dollar of assets it possessed.

There was a slight improvement in asset turnover in February of 2024, where the ratio increased to 0.83, suggesting that the company became more efficient in utilizing its assets to generate sales revenue. However, this improvement was not sustained as the ratio reverted back to 0.78 in February of 2025.

Overall, the company's ability to generate sales from its total assets has been relatively consistent, with minor fluctuations observed. Further investigation into the factors influencing these fluctuations could provide insight into the company's operational efficiency and asset utilization strategies.