VF Corporation (VFC)

Total asset turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	9,504,690	10,454,700	11,612,500	11,841,800	9,238,830
Total assets	US$ in thousands	9,377,540	11,613,000	13,990,500	13,342,200	13,754,000
Total asset turnover		1.01	0.90	0.83	0.89	0.67

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $9,504,690K ÷ $9,377,540K
= 1.01

The total asset turnover ratio for VF Corporation has shown a fluctuating trend over the past five years. Starting at 0.67 in March 31, 2021, the ratio increased to 0.89 in 2022, reflecting an improvement in the company's efficiency in generating sales from its total assets. However, in the following year, the ratio decreased to 0.83 before recovering to 0.90 in March 31, 2024. The most recent data point as of March 31, 2025, indicates a further increase to 1.01, suggesting that VF Corporation is effectively utilizing its assets to generate revenue. Overall, the upward trend in the total asset turnover ratio indicates improving efficiency in asset management and sales generation for the company.