Shoe Carnival Inc (SCVL)
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 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,202,885 | 1,220,115 | 1,193,399 | 1,180,617 | 1,200,166 | 1,214,612 | 1,229,058 | 1,190,328 | 1,151,598 | 1,147,762 | 1,143,926 | 1,204,403 | 1,264,880 | 1,286,369 | 1,307,858 | 1,283,724 | 1,255,434 | 1,256,537 | 1,300,605 | 1,339,414 |
| Total assets | US$ in thousands | 1,124,130 | 1,124,430 | 1,115,030 | 1,092,580 | 1,042,020 | 1,134,740 | 1,023,470 | 1,023,470 | 1,043,200 | 1,043,200 | 976,629 | 976,629 | 989,781 | 989,781 | 966,336 | 966,336 | 914,515 | 914,515 | 861,734 | 812,264 |
| Total asset turnover | 1.07 | 1.09 | 1.07 | 1.08 | 1.15 | 1.07 | 1.20 | 1.16 | 1.10 | 1.10 | 1.17 | 1.23 | 1.28 | 1.30 | 1.35 | 1.33 | 1.37 | 1.37 | 1.51 | 1.65 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,202,885K ÷ $1,124,130K
= 1.07
Shoe Carnival Inc's total asset turnover has shown a declining trend over the reported periods. It was at a relatively high level of 1.65 as of January 31, 2022, indicating that the company generated $1.65 in sales for every dollar of assets. However, this ratio decreased to 1.07 by January 31, 2025.
A decreasing total asset turnover may suggest a decrease in the efficiency of utilizing assets to generate sales. This could result from factors such as ineffective asset management, declining sales, or inefficient operations. It's important for the company to closely monitor and address the factors contributing to this decline to improve operational efficiency and profitability in the future.
Peer comparison
Jan 31, 2025