RH (RH)

Total asset turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022 Jan 29, 2022
Revenue (ttm) US$ in thousands 3,180,753 3,048,367 2,974,895 2,896,465 2,867,490 2,987,949 3,007,166 2,995,103 2,998,010 2,970,030 3,176,231 3,276,578 3,567,306 3,737,786 3,731,400 3,794,632 3,674,241 3,737,692 3,756,281 3,842,399
Total assets US$ in thousands 4,554,690 4,464,220 4,376,400 4,186,540 4,143,900 4,143,900 4,240,620 4,240,620 4,212,830 4,212,830 5,319,830 5,319,830 5,309,290 5,309,290 5,883,720 5,831,450 5,831,450 5,887,940 5,540,470 5,540,470
Total asset turnover 0.70 0.68 0.68 0.69 0.69 0.72 0.71 0.71 0.71 0.70 0.60 0.62 0.67 0.70 0.63 0.65 0.63 0.63 0.68 0.69

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,180,753K ÷ $4,554,690K
= 0.70

The total asset turnover for RH has fluctuated over the analyzed periods, ranging from 0.60 to 0.72. The ratio indicates how efficiently the company is generating sales from its total assets. A higher total asset turnover suggests that the company is effectively utilizing its assets to generate revenue.

RH's total asset turnover improved from 0.60 in April 30, 2023, to a peak of 0.72 in January 31, 2024, before stabilizing around 0.68 to 0.71 in the subsequent periods. This indicates that the company may have optimized its asset utilization during the peak period, leading to higher revenue generation per dollar of assets.

Overall, the fluctuating total asset turnover indicates varying levels of efficiency in generating sales from total assets, which may be influenced by factors such as operational performance, inventory management, and sales growth strategies. RH should continue monitoring and analyzing this ratio to optimize its asset efficiency and overall financial performance.


See also:

RH Total Asset Turnover (Quarterly Data)