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	9,642,930	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	9,377,540	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		1.03	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
= $9,642,930K ÷ $9,377,540K
= 1.03

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.