Steven Madden Ltd (SHOO)
Total asset turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 2,282,927 | 2,220,323 | 2,148,380 | 2,070,129 | 1,981,582 | 1,932,511 | 1,936,422 | 2,026,109 | 2,122,009 | 2,229,847 | 2,201,946 | 2,064,851 | 1,866,142 | 1,640,628 | 1,458,753 | 1,203,671 | 1,201,814 | 1,268,472 | 1,423,719 | 1,730,536 |
Total assets | US$ in thousands | 1,411,770 | 1,457,130 | 1,375,060 | 1,304,150 | 1,347,940 | 1,292,230 | 1,270,240 | 1,205,120 | 1,257,990 | 1,226,240 | 1,313,290 | 1,278,530 | 1,355,540 | 1,300,060 | 1,173,140 | 1,168,940 | 1,137,760 | 1,104,410 | 1,132,390 | 1,145,900 |
Total asset turnover | 1.62 | 1.52 | 1.56 | 1.59 | 1.47 | 1.50 | 1.52 | 1.68 | 1.69 | 1.82 | 1.68 | 1.62 | 1.38 | 1.26 | 1.24 | 1.03 | 1.06 | 1.15 | 1.26 | 1.51 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,282,927K ÷ $1,411,770K
= 1.62
Steven Madden Ltd's total asset turnover has shown some fluctuations over the past few years, starting at 1.51 in March 2020 and reaching a peak of 1.82 in September 2022. The ratio then decreased to 1.47 by December 2023 and fluctuated between 1.52 and 1.68 until December 2024. A total asset turnover ratio above 1 indicates that the company is generating more in sales than it has in total assets, suggesting efficient asset utilization. Despite the fluctuations, the company's ability to generate sales from its assets remains relatively strong over the period analyzed.
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
Steven Madden Ltd
SHOO
1.62
Caleres Inc
CAL
1.56
Skechers USA Inc
SKX
1.06
Wolverine World Wide Inc
WWW
1.06