Stock Analysis on Net
Stock Analysis on Net

Deckers Outdoor Corp. (NYSE:DECK)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 5, 2024.

Common-Size Balance Sheet: Assets

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Deckers Outdoor Corp., common-size consolidated balance sheet: assets

Microsoft Excel
Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018
Cash and cash equivalents
Trade accounts receivable, net of allowances
Inventories
Prepaid expenses
Other current assets
Income tax receivable
Current assets
Property and equipment, net of accumulated depreciation
Operating lease assets
Goodwill
Other intangible assets, net of accumulated amortization
Deferred tax assets, net
Other assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31).

Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibited notable fluctuations. It increased from 34.01% in 2018 to a peak of 50.25% in 2021, indicating enhanced liquidity during this period. Subsequently, it declined to 36.17% in 2022 but experienced a slight recovery to 38.41% in 2023, suggesting a stabilization of cash holdings after the previous peak.
Trade Accounts Receivable, Net of Allowances
This item showed moderate variability, starting at 11.37% in 2018, rising to 12.51% in 2019, decreasing to a low of 9.95% in 2021, then increasing again to 12.98% in 2022 before slightly dropping to 11.8% in 2023. The oscillation indicates changes in credit sales and collections efficiency across years.
Inventories
Inventories as a percentage of total assets declined steadily from 23.7% in 2018 to 12.84% in 2021, reflecting improved inventory management or sales efficiency during that period. However, there was a significant increase to 21.73% in 2022, followed by a slight decrease to 20.85% in 2023, which may point toward accumulation of stock or changes in supply chain dynamics.
Prepaid Expenses
This category remained relatively stable but with a slight decreasing trend until 2021, dropping from 1.4% in 2018 to 0.78%, then increasing again to 1.32% by 2023. The minor fluctuations suggest limited variability in prepaid expenditures relative to total assets.
Other Current Assets
Other current assets increased from 1.39% in 2018 to 2.37% in 2022, before a modest decline to 2.17% in 2023. The overall upward trend indicates a growing proportion of assets in miscellaneous current items, which may require further investigation for quality and liquidity.
Income Tax Receivable
This item generally remained low and volatile, with small peaks such as 0.46% in 2020 and 0.78% in 2022, but dropping to 0.19% by 2023. Such fluctuations are typical depending on tax payments and receivable timings.
Current Assets
Current assets consistently constituted the majority of total assets, ranging from 67.65% in 2020 to a high of 76.75% in 2019, and remaining relatively stable near 75% in the later years. The dominance of current assets highlights a liquid asset structure.
Property and Equipment, Net
This category showed a steady decline from 17.41% in 2018 to 9.51% in 2021, suggesting divestment or depreciation exceeding new acquisitions. A slight increase to 10.43% by 2023 indicates minor reinvestment or asset additions in recent years.
Operating Lease Assets
Data for operating lease assets began in 2020 at 13.8%, sharply decreasing to 8.34% by 2023. This decline may reflect changes in lease accounting standards or reduced leasing activity.
Goodwill
Goodwill steadily declined from 1.11% in 2018 to 0.55% in 2023, indicating potential impairments or no significant acquisition-related goodwill additions during this period.
Other Intangible Assets, Net
Other intangible assets decreased consistently from 4.58% in 2018 to 1.47% in 2023, reflecting ongoing amortization and limited new intangible asset recognition.
Deferred Tax Assets, Net
Deferred tax assets decreased from 3.04% in 2018 to a low of 1.6% in 2020 but rebounded to 2.84% by 2023. This variability may correspond to changes in taxable income and tax strategies.
Other Assets
Other assets fluctuated around low percentages, generally between 1.41% and 2.46%, without a clear directional trend, indicating minor impact on overall asset composition.
Long-term Assets
Long-term assets decreased from 27.97% in 2018 to 23.25% in 2019, then spiked to 32.35% in 2020 before stabilizing around 24-25% in subsequent years. The 2020 increase is partly attributable to the recognition of operating lease assets. Overall, long-term assets have lower proportions compared to current assets.
Total Assets
The total assets are consistently represented as 100% each year, serving as the basis for the relative percentages discussed.