Analysis of Geographic Areas
Walmart Inc. operates in 2 regions: U.S. operations and Non-U.S. operations.
Area Asset Turnover
Walmart Inc., asset turnover by geographic area
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
|---|---|---|---|---|---|---|
| U.S. operations | 5.24 | 5.02 | 4.63 | 4.83 | 4.67 | 4.44 |
| Non-U.S. operations | 4.49 | 5.38 | 3.03 | 4.04 | 3.59 | 3.76 |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. operations | U.S. operations area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Non-U.S. operations | Non-U.S. operations area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Area Asset Turnover: U.S. operations
Walmart Inc.; U.S. operations; area asset turnover calculation
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 470,295) | 436,649) | 402,532) | 392,265) | 380,580) | 367,784) |
| Long-lived assets | 89,795) | 87,068) | 86,944) | 81,144) | 81,478) | 82,746) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 5.24 | 5.02 | 4.63 | 4.83 | 4.67 | 4.44 |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
1 2022 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 470,295 ÷ 89,795 = 5.24
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. operations | U.S. operations area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: Non-U.S. operations
Walmart Inc.; Non-U.S. operations; area asset turnover calculation
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 102,459) | 122,502) | 121,432) | 122,140) | 119,763) | 118,089) |
| Long-lived assets | 22,829) | 22,780) | 40,105) | 30,251) | 33,340) | 31,432) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 4.49 | 5.38 | 3.03 | 4.04 | 3.59 | 3.76 |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
1 2022 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 102,459 ÷ 22,829 = 4.49
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Non-U.S. operations | Non-U.S. operations area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Revenues
Walmart Inc., revenues by geographic area
US$ in millions
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
|---|---|---|---|---|---|---|
| U.S. operations | 470,295) | 436,649) | 402,532) | 392,265) | 380,580) | 367,784) |
| Non-U.S. operations | 102,459) | 122,502) | 121,432) | 122,140) | 119,763) | 118,089) |
| Total | 572,754) | 559,151) | 523,964) | 514,405) | 500,343) | 485,873) |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).
Long-lived assets
Walmart Inc., long-lived assets by geographic area
US$ in millions
| Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
|---|---|---|---|---|---|---|
| U.S. operations | 89,795) | 87,068) | 86,944) | 81,144) | 81,478) | 82,746) |
| Non-U.S. operations | 22,829) | 22,780) | 40,105) | 30,251) | 33,340) | 31,432) |
| Total | 112,624) | 109,848) | 127,049) | 111,395) | 114,818) | 114,178) |
Based on: 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31).