Ralph Lauren Corp Class A (RL)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,079,000 | 6,631,400 | 6,443,600 | 6,218,500 | 4,400,800 |
| Total assets | US$ in thousands | 7,047,300 | 6,602,600 | 6,789,500 | 7,724,700 | 7,887,500 |
| Total asset turnover | 1.00 | 1.00 | 0.95 | 0.81 | 0.56 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,079,000K ÷ $7,047,300K
= 1.00
Total asset turnover is a key financial ratio that measures a company's efficiency in generating sales revenue relative to its total assets. In the case of Ralph Lauren Corp Class A, the total asset turnover has shown a positive trend over the past five years.
As of March 31, 2021, the total asset turnover was 0.56, indicating that for every dollar of assets, the company generated $0.56 in sales. This ratio improved steadily over the following years, reaching 0.81 in 2022, 0.95 in 2023, and ultimately reaching 1.00 in both 2024 and 2025.
A total asset turnover of 1.00 implies that the company is generating sales revenue equal to its total assets, reflecting a high level of efficiency in asset utilization. This improvement suggests that Ralph Lauren Corp Class A has been effectively leveraging its assets to generate sales growth, which is a positive indicator of operational efficiency and potentially improved profitability.
Peer comparison
Mar 31, 2025