VF Corporation (VFC)

Total asset turnover

Mar 31, 2025 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
Revenue (ttm) US$ in thousands 7,499,160 9,877,750 10,004,120 10,280,410 10,459,450 10,820,470 11,390,860 11,437,220 11,612,480 11,697,530 11,791,240 11,908,880 11,841,840 11,599,850 10,947,010 10,357,090 9,238,820 8,758,570 9,171,780 9,956,730
Total assets US$ in thousands 10,554,200 12,219,600 11,541,400 11,613,000 12,616,500 13,142,400 14,043,900 13,990,500 14,313,300 13,784,100 13,211,800 13,342,200 13,536,300 13,889,100 13,550,400 13,754,000 13,744,300 12,941,300 12,479,000
Total asset turnover 0.94 0.82 0.89 0.90 0.86 0.87 0.81 0.83 0.82 0.86 0.90 0.89 0.86 0.79 0.76 0.67 0.64 0.71 0.80

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,499,160K ÷ $—K
= —

Total asset turnover for VF Corporation has shown a fluctuating trend over the past few years. The ratio increased steadily from 0.80 in June 2020 to reach its peak at 0.94 in December 2024. This indicates that the company generated $0.94 in sales for every $1 of assets during that period. However, it is worth noting that there was a dip in the ratio in September 2020, December 2020, and March 2021, suggesting that the company's asset utilization and efficiency in generating sales were not optimal during those quarters. Overall, the upward trend in total asset turnover from 2020 to 2024 reflects improvements in VF Corporation's ability to generate revenue relative to its total assets.