PVH Corp (PVH)

Total asset turnover

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 4, 2024	Nov 30, 2023	Oct 29, 2023	Aug 31, 2023	Jul 30, 2023	May 31, 2023	Apr 30, 2023	Feb 28, 2023	Jan 29, 2023	Nov 30, 2022	Oct 30, 2022	Aug 31, 2022	Jul 31, 2022	May 31, 2022	May 1, 2022
Revenue (ttm)	US$ in thousands	8,652,900	8,771,200	9,006,000	9,294,600	9,705,600	9,422,700	9,139,800	8,934,800	8,729,800	9,011,500	9,293,200	9,416,100	9,539,000	9,182,300	8,825,600	8,667,500	8,509,400	8,807,100	9,104,800	9,314,600
Total assets	US$ in thousands	11,033,200	11,241,300	11,237,700	10,788,700	11,172,900	11,172,900	11,167,100	11,167,100	11,542,400	11,542,400	11,491,200	11,491,200	11,768,300	11,768,300	11,405,900	11,405,900	11,922,300	11,922,300	11,889,300	11,889,300
Total asset turnover		0.78	0.78	0.80	0.86	0.87	0.84	0.82	0.80	0.76	0.78	0.81	0.82	0.81	0.78	0.77	0.76	0.71	0.74	0.77	0.78

February 28, 2025 calculation

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

Total asset turnover ratio measures how efficiently a company utilizes its assets to generate revenue. PVH Corp's total asset turnover fluctuated over the given periods, ranging from 0.71 to 0.87. The ratio reached its lowest point in August 31, 2022, indicating that the company generated $0.71 of revenue for every $1 of assets during that period.

There was a general upward trend in the total asset turnover ratio from 2022 to 2024, with a few fluctuations. The ratio improved to its highest point of 0.87 on February 29, 2024, indicating that the company became more efficient in generating revenue from its assets.

However, by the end of February 2025, the total asset turnover ratio returned to 0.78. Overall, the trend suggests that PVH Corp improved its asset utilization efficiency over the analyzed period, albeit with some variability. Further investigation into the company's asset management and revenue generation strategies may provide deeper insights into these fluctuations.