Scholastic Corporation (SCHL)

Total asset turnover

May 31, 2025 May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021
Revenue US$ in thousands 1,625,500 1,589,700 1,704,000 1,642,900 1,300,300
Total assets US$ in thousands 1,950,100 1,671,200 1,868,300 1,940,800 2,008,300
Total asset turnover 0.83 0.95 0.91 0.85 0.65

May 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,625,500K ÷ $1,950,100K
= 0.83

The total asset turnover ratio for Scholastic Corporation demonstrates a consistent upward trend over the analyzed period from May 31, 2021, to May 31, 2025. Specifically, the ratio increased from 0.65 in 2021 to 0.85 in 2022, indicating an improved efficiency in generating sales from the company's asset base. This upward movement continued, reaching 0.91 in 2023 and further improving to 0.95 in 2024, which suggests that the company has been increasingly effective at leveraging its assets to produce revenue. However, there is a decline noted in the ratio to 0.83 in 2025, slightly below the 2024 peak, yet still higher than the figures from 2021 through 2022. Overall, the trend reflects a general enhancement in asset utilization efficiency over the five-year period, with a brief decline in the most recent year.


Peer comparison

May 31, 2025

Company name
Symbol
Total asset turnover
Scholastic Corporation
SCHL
0.83
John Wiley & Sons
WLY
0.62