Total Asset Turnover
since 2005
Calculation
Deckers Outdoor Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net sales1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Mar 31, 2023 | 1.42 | = | 3,627,286) | ÷ | 2,556,203) |
| Mar 31, 2022 | 1.35 | = | 3,150,339) | ÷ | 2,332,250) |
| Mar 31, 2021 | 1.17 | = | 2,545,641) | ÷ | 2,167,705) |
| Mar 31, 2020 | 1.21 | = | 2,132,689) | ÷ | 1,765,118) |
| Mar 31, 2019 | 1.42 | = | 2,020,437) | ÷ | 1,427,206) |
| Mar 31, 2018 | 1.51 | = | 1,903,339) | ÷ | 1,264,379) |
| Mar 31, 2017 | 1.50 | = | 1,790,147) | ÷ | 1,191,780) |
| Mar 31, 2016 | 1.47 | = | 1,875,197) | ÷ | 1,278,068) |
| Mar 31, 2015 | 1.55 | = | 1,817,057) | ÷ | 1,169,933) |
| Dec 31, 2014 | 0.28 | = | 294,716) | ÷ | 1,064,204) |
| Dec 31, 2013 | 1.24 | = | 1,556,618) | ÷ | 1,259,729) |
| Dec 31, 2012 | 1.32 | = | 1,414,398) | ÷ | 1,068,064) |
| Dec 31, 2011 | 1.20 | = | 1,377,283) | ÷ | 1,146,196) |
| Dec 31, 2010 | 1.24 | = | 1,000,989) | ÷ | 808,994) |
| Dec 31, 2009 | 1.36 | = | 813,177) | ÷ | 599,043) |
| Dec 31, 2008 | 1.43 | = | 689,445) | ÷ | 483,721) |
| Dec 31, 2007 | 1.21 | = | 448,929) | ÷ | 370,032) |
| Dec 31, 2006 | 1.22 | = | 304,423) | ÷ | 249,973) |
| Dec 31, 2005 | 1.26 | = | 264,760) | ÷ | 209,626) |
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), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Revenue and asset growth have expanded significantly over the analyzed period. Net sales increased from $264.8 million in 2005 to $3.63 billion by March 31, 2023, while total assets grew from $209.6 million to $2.56 billion. This simultaneous expansion indicates a substantial increase in the scale of operations.
- Long-term Asset Efficiency (2005–2013)
- Between 2005 and 2013, the total asset turnover ratio exhibited relative stability, generally fluctuating between 1.20 and 1.43. This consistency suggests that the organization maintained a steady relationship between its asset base and its ability to generate sales during this growth phase.
- The 2014 Performance Contraction
- A significant and isolated decline in asset turnover is observed on December 31, 2014, where the ratio dropped to 0.28. This sharp decrease is directly linked to a reported contraction in net sales for that period, representing a stark departure from the established multi-year trend.
- Efficiency Optimization (2015–2019)
- A strong recovery followed the 2014 decline, with the asset turnover ratio reaching a peak of 1.55 in 2015. From 2015 through 2019, the ratio remained elevated, consistently staying above 1.40 (with the exception of 2019 at 1.42), indicating a period of high asset productivity and optimized utilization.
- Recent Volatility and Recovery (2020–2023)
- A downward trend occurred between 2020 and 2021, with the ratio falling to 1.21 and then 1.17. This decline indicates a temporary reduction in the efficiency of assets in generating revenue. However, a subsequent recovery is evident, with the ratio rising to 1.35 in 2022 and 1.42 in 2023, coinciding with a rapid acceleration in net sales.
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Comparison to Competitors
Deckers Outdoor Corp., total asset turnover, long-term trends, comparison to competitors
| Deckers Outdoor Corp. | lululemon athletica inc. | Nike Inc. | |
|---|---|---|---|
| Mar 31, 2023 | 1.42 | 1.45 | 1.36 |
| Mar 31, 2022 | 1.35 | 1.27 | 1.16 |
| Mar 31, 2021 | 1.17 | 1.05 | 1.18 |
| Mar 31, 2020 | 1.21 | 1.21 | 1.19 |
| Mar 31, 2019 | 1.42 | 1.58 | 1.65 |
| Mar 31, 2018 | 1.51 | 1.33 | 1.62 |
| Mar 31, 2017 | 1.50 | 1.41 | 1.48 |
| Mar 31, 2016 | 1.47 | 1.57 | 1.51 |
| Mar 31, 2015 | 1.55 | 1.39 | 1.42 |
| Dec 31, 2014 | 0.28 | 1.27 | 1.50 |
| Dec 31, 2013 | 1.24 | 1.30 | 1.44 |
| Dec 31, 2012 | 1.32 | 1.36 | 1.56 |
| Dec 31, 2011 | 1.20 | 1.43 | 1.39 |
| Dec 31, 2010 | 1.24 | 1.47 | 1.32 |
| Dec 31, 2009 | 1.36 | 1.67 | 1.45 |
| Dec 31, 2008 | 1.43 | 1.77 | 1.50 |
| Dec 31, 2007 | 1.21 | — | 1.53 |
| Dec 31, 2006 | 1.22 | — | 1.52 |
| Dec 31, 2005 | 1.26 | — | 1.56 |
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), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Consumer Durables & Apparel)
Deckers Outdoor Corp., total asset turnover, long-term trends, comparison to sector (consumer durables & apparel)
| Deckers Outdoor Corp. | Consumer Durables & Apparel | |
|---|---|---|
| Mar 31, 2023 | 1.42 | 1.38 |
| Mar 31, 2022 | 1.35 | 1.17 |
| Mar 31, 2021 | 1.17 | 1.17 |
| Mar 31, 2020 | 1.21 | 1.20 |
| Mar 31, 2019 | 1.42 | 1.64 |
| Mar 31, 2018 | 1.51 | 1.59 |
| Mar 31, 2017 | 1.50 | 1.47 |
| Mar 31, 2016 | 1.47 | 1.52 |
| Mar 31, 2015 | 1.55 | 1.42 |
| Dec 31, 2014 | 0.28 | 1.48 |
| Dec 31, 2013 | 1.24 | 1.43 |
| Dec 31, 2012 | 1.32 | 1.55 |
| Dec 31, 2011 | 1.20 | 1.39 |
| Dec 31, 2010 | 1.24 | 1.32 |
| Dec 31, 2009 | 1.36 | 1.45 |
| Dec 31, 2008 | 1.43 | 1.50 |
| Dec 31, 2007 | 1.21 | 1.53 |
| Dec 31, 2006 | 1.22 | 1.52 |
| Dec 31, 2005 | 1.26 | 1.56 |
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), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Deckers Outdoor Corp., total asset turnover, long-term trends, comparison to industry (consumer discretionary)
| Deckers Outdoor Corp. | Consumer Discretionary | |
|---|---|---|
| Mar 31, 2023 | 1.42 | 0.97 |
| Mar 31, 2022 | 1.35 | 0.96 |
| Mar 31, 2021 | 1.17 | 0.88 |
| Mar 31, 2020 | 1.21 | 0.84 |
| Mar 31, 2019 | 1.42 | 0.94 |
| Mar 31, 2018 | 1.51 | 0.96 |
| Mar 31, 2017 | 1.50 | 0.93 |
| Mar 31, 2016 | 1.47 | 0.96 |
| Mar 31, 2015 | 1.55 | 0.98 |
| Dec 31, 2014 | 0.28 | 1.02 |
| Dec 31, 2013 | 1.24 | 1.04 |
| Dec 31, 2012 | 1.32 | 1.06 |
| Dec 31, 2011 | 1.20 | 1.08 |
| Dec 31, 2010 | 1.24 | 1.04 |
| Dec 31, 2009 | 1.36 | 0.94 |
| Dec 31, 2008 | 1.43 | 0.96 |
| Dec 31, 2007 | 1.21 | 0.88 |
| Dec 31, 2006 | 1.22 | 0.82 |
| Dec 31, 2005 | 1.26 | 0.85 |
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), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).