Williams-Sonoma Inc (WSM)
Total asset turnover
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,750,650 | 7,924,790 | 8,263,710 | 8,538,640 | 8,674,420 | 8,722,370 | 8,577,340 | 8,388,140 | 8,245,940 | 8,043,370 | 7,760,370 | 7,302,810 | 6,788,980 | 6,335,840 | 6,013,770 | 5,893,800 | 5,899,730 | 5,890,850 | 5,805,360 | 5,709,720 |
| Total assets | US$ in thousands | 5,273,550 | 4,883,770 | 4,571,810 | 4,471,040 | 4,663,020 | 4,594,010 | 4,319,170 | 4,210,710 | 4,625,620 | 4,477,320 | 4,245,040 | 4,110,240 | 4,661,420 | 4,310,680 | 4,487,300 | 4,418,120 | 4,054,040 | 3,963,820 | 3,869,680 | 3,788,360 |
| Total asset turnover | 1.47 | 1.62 | 1.81 | 1.91 | 1.86 | 1.90 | 1.99 | 1.99 | 1.78 | 1.80 | 1.83 | 1.78 | 1.46 | 1.47 | 1.34 | 1.33 | 1.46 | 1.49 | 1.50 | 1.51 |
January 28, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,750,650K ÷ $5,273,550K
= 1.47
Williams-Sonoma Inc's total asset turnover has exhibited some fluctuations over the past few quarters. The total asset turnover ratio measures the company's ability to generate sales revenue from its assets. A higher ratio indicates more efficiency in asset utilization.
From the data provided, we can observe that the total asset turnover ratio ranged from a low of 1.33 to a high of 1.99 over the past 20 quarters. The highest ratio of 1.99 was recorded in both the Jul 31, 2022, and May 1, 2022, quarters, indicating strong asset utilization efficiency during those periods.
Overall, the average total asset turnover ratio for Williams-Sonoma Inc over the given time frame is approximately 1.63, suggesting that, on average, the company generates $1.63 in sales for every dollar of assets held. Investors and analysts may consider fluctuations in this ratio when assessing the company's operational efficiency and financial performance.