Total Asset Turnover
since 2005
Calculation
Williams-Sonoma Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Jan 28, 2024 | 1.47 | = | 7,750,652) | ÷ | 5,273,548) |
| Jan 29, 2023 | 1.86 | = | 8,674,417) | ÷ | 4,663,016) |
| Jan 30, 2022 | 1.78 | = | 8,245,936) | ÷ | 4,625,620) |
| Jan 31, 2021 | 1.46 | = | 6,783,189) | ÷ | 4,661,424) |
| Feb 2, 2020 | 1.45 | = | 5,898,008) | ÷ | 4,054,042) |
| Feb 3, 2019 | 2.02 | = | 5,671,593) | ÷ | 2,812,844) |
| Jan 28, 2018 | 1.90 | = | 5,292,359) | ÷ | 2,785,749) |
| Jan 29, 2017 | 2.05 | = | 5,083,812) | ÷ | 2,476,879) |
| Jan 31, 2016 | 2.06 | = | 4,976,090) | ÷ | 2,417,427) |
| Feb 1, 2015 | 2.02 | = | 4,698,719) | ÷ | 2,330,277) |
| Feb 2, 2014 | 1.88 | = | 4,387,889) | ÷ | 2,336,734) |
| Feb 3, 2013 | 1.85 | = | 4,042,870) | ÷ | 2,187,679) |
| Jan 29, 2012 | 1.81 | = | 3,720,895) | ÷ | 2,060,838) |
| Jan 30, 2011 | 1.64 | = | 3,504,158) | ÷ | 2,131,762) |
| Jan 31, 2010 | 1.49 | = | 3,102,704) | ÷ | 2,079,169) |
| Feb 1, 2009 | 1.74 | = | 3,361,472) | ÷ | 1,935,464) |
| Feb 3, 2008 | 1.88 | = | 3,944,934) | ÷ | 2,093,854) |
| Jan 28, 2007 | 1.82 | = | 3,727,513) | ÷ | 2,048,331) |
| Jan 29, 2006 | 1.79 | = | 3,538,947) | ÷ | 1,981,620) |
| Jan 30, 2005 | 1.80 | = | 3,136,931) | ÷ | 1,745,545) |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
1 US$ in thousands
The analysis of recent annual financial data reveals several notable trends in the company's operational and asset utilization performance.
- Net Revenues
- Net revenues exhibit a generally upward trajectory over the observed periods, increasing from approximately $3.14 billion in early 2005 to a peak exceeding $8.24 billion by early 2022. Notably, there is a slight decline in the latest year observed, dropping to around $7.75 billion. This trend suggests sustained revenue growth over the long term with some volatility in the most recent year.
- Total Assets
- Total assets have also grown over time, beginning near $1.75 billion in 2005 and rising steadily to over $5.27 billion by 2024. There is a significant increase observed between 2019 and 2020, where assets jump from about $2.81 billion to over $4.05 billion, indicating considerable asset expansion or acquisition during that period. Afterward, the asset base remains elevated around the $4.6–5.2 billion range.
- Total Asset Turnover
- Total asset turnover, which measures the efficiency of asset use in generating revenue, fluctuates across the dataset. Initially, it remains relatively stable between 1.79 and 1.88 until 2008, then declines sharply to a low of 1.45 by 2020. This decline suggests that despite asset growth, efficiency in revenue generation from these assets decreased temporarily. However, the ratio recovers somewhat afterward, reaching 1.86 in 2023 before dipping again to 1.47 in 2024. These fluctuations point to changing operational efficiencies or shifts in the business model impacting asset productivity.
In summary, the company has expanded its asset base significantly while achieving sustained revenue growth over the long term. Nevertheless, the efficiency with which assets generate revenue has experienced variability, including a notable dip around 2020 followed by partial recovery. The recent decline in both net revenues and asset turnover in 2024 may warrant further investigation to understand underlying causes and potential operational challenges.
Comparison to Competitors
Williams-Sonoma Inc., total asset turnover, long-term trends, comparison to competitors
| Williams-Sonoma Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Jan 28, 2024 | 1.47 | 1.02 | 1.99 | 2.07 | 1.82 |
| Jan 29, 2023 | 1.86 | 1.09 | 2.06 | 2.22 | 1.76 |
| Jan 30, 2022 | 1.78 | 1.11 | 2.10 | 2.16 | 1.71 |
| Jan 31, 2021 | 1.46 | 1.12 | 1.87 | 1.92 | 1.04 |
| Feb 2, 2020 | 1.45 | 1.20 | 2.15 | 1.83 | 1.73 |
| Feb 3, 2019 | 2.02 | 1.25 | 2.46 | 2.07 | 2.72 |
| Jan 28, 2018 | 1.90 | 1.43 | 2.27 | 1.94 | 2.55 |
| Jan 29, 2017 | 2.05 | 1.35 | 2.20 | 1.89 | 2.58 |
| Jan 31, 2016 | 2.06 | 1.63 | 2.08 | 1.89 | 2.69 |
| Feb 1, 2015 | 2.02 | 1.64 | 2.08 | 1.77 | 2.61 |
| Feb 2, 2014 | 1.88 | 1.63 | 1.95 | 1.63 | 2.69 |
| Feb 3, 2013 | 1.85 | 1.85 | 1.82 | 1.55 | 2.72 |
| Jan 29, 2012 | 1.81 | 1.88 | 1.74 | 1.50 | 2.80 |
| Jan 30, 2011 | 1.64 | 1.90 | 1.69 | 1.45 | 2.75 |
| Jan 31, 2010 | 1.49 | 1.82 | 1.62 | 1.43 | 2.72 |
| Feb 1, 2009 | 1.74 | 1.77 | 1.73 | 1.48 | 3.08 |
| Feb 3, 2008 | 1.88 | 2.31 | 1.75 | 1.56 | 2.83 |
| Jan 28, 2007 | 1.82 | 2.29 | 1.74 | 1.69 | 2.86 |
| Jan 29, 2006 | 1.79 | 2.45 | 1.83 | 1.75 | 2.92 |
| Jan 30, 2005 | 1.80 | 2.30 | 1.88 | 1.72 | 2.94 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Williams-Sonoma Inc., total asset turnover, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Williams-Sonoma Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Jan 28, 2024 | 1.47 | 1.20 |
| Jan 29, 2023 | 1.86 | 1.30 |
| Jan 30, 2022 | 1.78 | 1.33 |
| Jan 31, 2021 | 1.46 | 1.27 |
| Feb 2, 2020 | 1.45 | 1.40 |
| Feb 3, 2019 | 2.02 | 1.57 |
| Jan 28, 2018 | 1.90 | 1.71 |
| Jan 29, 2017 | 2.05 | 1.67 |
| Jan 31, 2016 | 2.06 | 1.86 |
| Feb 1, 2015 | 2.02 | 1.86 |
| Feb 2, 2014 | 1.88 | 1.80 |
| Feb 3, 2013 | 1.85 | 1.83 |
| Jan 29, 2012 | 1.81 | 1.78 |
| Jan 30, 2011 | 1.64 | 1.74 |
| Jan 31, 2010 | 1.49 | 1.68 |
| Feb 1, 2009 | 1.74 | 1.74 |
| Feb 3, 2008 | 1.88 | 1.81 |
| Jan 28, 2007 | 1.82 | 1.84 |
| Jan 29, 2006 | 1.79 | 1.92 |
| Jan 30, 2005 | 1.80 | 1.93 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).
Comparison to Industry (Consumer Discretionary)
Williams-Sonoma Inc., total asset turnover, long-term trends, comparison to industry (consumer discretionary)
| Williams-Sonoma Inc. | Consumer Discretionary | |
|---|---|---|
| Jan 28, 2024 | 1.47 | 0.93 |
| Jan 29, 2023 | 1.86 | 0.97 |
| Jan 30, 2022 | 1.78 | 0.96 |
| Jan 31, 2021 | 1.46 | 0.88 |
| Feb 2, 2020 | 1.45 | 0.84 |
| Feb 3, 2019 | 2.02 | 0.94 |
| Jan 28, 2018 | 1.90 | 0.96 |
| Jan 29, 2017 | 2.05 | 0.93 |
| Jan 31, 2016 | 2.06 | 0.96 |
| Feb 1, 2015 | 2.02 | 0.98 |
| Feb 2, 2014 | 1.88 | 1.02 |
| Feb 3, 2013 | 1.85 | 1.04 |
| Jan 29, 2012 | 1.81 | 1.06 |
| Jan 30, 2011 | 1.64 | 1.08 |
| Jan 31, 2010 | 1.49 | 1.04 |
| Feb 1, 2009 | 1.74 | 0.94 |
| Feb 3, 2008 | 1.88 | 0.96 |
| Jan 28, 2007 | 1.82 | 0.88 |
| Jan 29, 2006 | 1.79 | 0.82 |
| Jan 30, 2005 | 1.80 | 0.85 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03), 10-K (reporting date: 2018-01-28), 10-K (reporting date: 2017-01-29), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-02-01), 10-K (reporting date: 2014-02-02), 10-K (reporting date: 2013-02-03), 10-K (reporting date: 2012-01-29), 10-K (reporting date: 2011-01-30), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-02-01), 10-K (reporting date: 2008-02-03), 10-K (reporting date: 2007-01-28), 10-K (reporting date: 2006-01-29), 10-K (reporting date: 2005-01-30).