Victoria's Secret & Co (VSCO)

Total asset turnover

Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021
Revenue (ttm) US$ in thousands 6,083,000 6,029,000 6,093,000 6,198,000 6,285,000 6,459,000 6,585,000 6,688,000
Total assets US$ in thousands 4,600,000 4,687,000 4,525,000 4,405,000 4,711,000 4,142,000 4,072,000 4,065,000 4,344,000 4,369,000 4,658,000
Total asset turnover 1.32 1.29 1.35 1.41 1.33 1.56 1.62 1.65

February 3, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,083,000K ÷ $4,600,000K
= 1.32

Total asset turnover is a financial ratio that measures a company's ability to generate sales from its assets. It indicates how efficiently a company is utilizing its assets to generate revenue.

Analyzing Victoria's Secret & Co's total asset turnover ratio over the past 11 quarters, we observe fluctuations in the ratio. The ratio ranges from 1.29 to 1.65, with an average of approximately 1.44.

A total asset turnover ratio above 1 indicates that the company is generating more in sales than the value of its total assets. In the case of Victoria's Secret & Co, the consistently above 1 ratios suggest that the company is effectively utilizing its assets to generate revenue.

The increasing trend in total asset turnover from 1.29 in Oct 2023 to 1.65 in Apr 2022 indicates an improvement in the company's efficiency in generating sales from its assets.

Overall, Victoria's Secret & Co's total asset turnover ratio indicates efficient asset utilization and effective management in generating revenue.


Peer comparison

Feb 3, 2024

Company name
Symbol
Total asset turnover
Victoria's Secret & Co
VSCO
1.32
Bath & Body Works Inc.
BBWI
1.30