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Oxford Industries (Oxford Industries) Asset Turnover : 0.36 (As of Jan. 2024)


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What is Oxford Industries Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Oxford Industries's Revenue for the three months ended in Jan. 2024 was $404 Mil. Oxford Industries's Total Assets for the quarter that ended in Jan. 2024 was $1,130 Mil. Therefore, Oxford Industries's Asset Turnover for the quarter that ended in Jan. 2024 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Oxford Industries's annualized ROE % for the quarter that ended in Jan. 2024 was -40.45%. It is also linked to ROA % through Du Pont Formula. Oxford Industries's annualized ROA % for the quarter that ended in Jan. 2024 was -21.26%.


Oxford Industries Asset Turnover Historical Data

The historical data trend for Oxford Industries's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oxford Industries Asset Turnover Chart

Oxford Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 0.79 1.25 1.32 1.38

Oxford Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.36 0.28 0.36

Competitive Comparison of Oxford Industries's Asset Turnover

For the Apparel Manufacturing subindustry, Oxford Industries's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oxford Industries's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Oxford Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Oxford Industries's Asset Turnover falls into.



Oxford Industries Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Oxford Industries's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=1571.475/( (1188.665+1097.844)/ 2 )
=1571.475/1143.2545
=1.37

Oxford Industries's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=404.429/( (1162.156+1097.844)/ 2 )
=404.429/1130
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Oxford Industries  (NYSE:OXM) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Oxford Industries's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-240.28/594.0135
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-240.28 / 1617.716)*(1617.716 / 1130)*(1130/ 594.0135)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.85 %*1.4316*1.9023
=ROA %*Equity Multiplier
=-21.26 %*1.9023
=-40.45 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Oxford Industries's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-240.28/1130
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-240.28 / 1617.716)*(1617.716 / 1130)
=Net Margin %*Asset Turnover
=-14.85 %*1.4316
=-21.26 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Oxford Industries Asset Turnover Related Terms

Thank you for viewing the detailed overview of Oxford Industries's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Industries (Oxford Industries) Business Description

Traded in Other Exchanges
Address
999 Peachtree Street, Northeast, Suite 688, Atlanta, GA, USA, 30309
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name called Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women's and girl's dresses, sportswear and related products. The company generates a majority of its revenue from the Tommy Bahama division.
Executives
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Scott Grassmyer officer: SVP and CFO 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Chubb Thomas Caldecot Iii director, officer: CEO and PRESIDENT 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Stephen S Lanier director 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309
Carol B Yancey director 2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Robert S. Trauber officer: CEO Johnny Was 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Tracey Hernandez officer: SVP & CHRO 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Thomas E Campbell officer: General Counsel 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Howard James Wesley Jr officer: PRESIDENT, LANIER CLOTHES 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
John R Holder director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Milford W Mcguirt director 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Clyde C Tuggle director
Suraj A Palakshappa officer: General Counsel 999 PEACHTREE STREET NE, SUITE 688, ATLANTA GA 30309
Virginia A Hepner director 415 EAST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michelle M Kelly officer: President Lilly Pulitzer 999 PEACHTREE STREET, NE, SUITE 688, ATLANTA GA 30309