Costco Wholesale's Total Assets for the quarter that ended in Feb. 2024 was $66,323 Mil.
During the past 12 months, Costco Wholesale's average Total Assets Growth Rate was 5.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 13 years, Costco Wholesale's highest 3-Year average Total Assets Growth Rate was 46.70%. The lowest was 5.50%. And the median was 10.30%.
Total Assets is connected with ROA %. Costco Wholesale's annualizedROA % for the quarter that ended in Feb. 2024 was 9.96%. Total Assets is also linked to Revenue through Asset Turnover. Costco Wholesale's Asset Turnover for the quarter that ended in Feb. 2024 was 0.83.
Costco Wholesale Total Assets Historical Data
The historical data trend for Costco Wholesale's Total Assets 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.
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Costco Wholesale Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
Total Assets
45,400.00
55,556.00
59,268.00
64,166.00
68,994.00
Costco Wholesale Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Total Assets
66,848.00
66,752.00
68,994.00
73,723.00
66,323.00
Costco Wholesale Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Costco Wholesale's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as
* 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.
Costco Wholesale (NAS:COST) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Feb. 2024) data.
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.
Total Assets is linked to total revenue through Asset Turnover.
Costco Wholesale's Asset Turnover for the quarter that ended in Feb. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Costco Wholesale Total Assets Related Terms
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Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.
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