Walmart Inc (WMT)
Total asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 680,985,000 | 648,125,000 | 611,289,000 | 572,754,000 | 559,151,000 |
| Total assets | US$ in thousands | 260,823,000 | 252,399,000 | 243,457,000 | 244,860,000 | 252,496,000 |
| Total asset turnover | 2.61 | 2.57 | 2.51 | 2.34 | 2.21 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $680,985,000K ÷ $260,823,000K
= 2.61
The total asset turnover ratio for Walmart Inc has displayed a consistent upward trend over the past five years, increasing from 2.21 in January 2021 to 2.61 in January 2025. This indicates that the company is generating more revenue for every dollar invested in its total assets. A higher total asset turnover ratio suggests that Walmart is efficiently utilizing its assets to generate sales. The progressive improvement in this ratio reflects effective management of assets and could signify enhanced operational efficiency and productivity within the organization. This trend is generally viewed positively by investors and stakeholders as it signals an increasing ability of Walmart to generate sales from its asset base.
Peer comparison
Jan 31, 2025