Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tapestry's annualizedGross Profit for the quarter that ended in Dec. 2023 was $5,973 Mil.
Tapestry's average Total Assets over the quarter that ended in Dec. 2023 was $10,479 Mil. Therefore, Tapestry's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 57.00%.
Tapestry Gross-Profit-to-Asset % Historical Data
The historical data trend for Tapestry's Gross-Profit-to-Asset % 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.
Competitive Comparison of Tapestry's Gross-Profit-to-Asset %
For the Luxury Goods subindustry, Tapestry's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.
Tapestry's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Tapestry's Gross-Profit-to-Asset % falls into.
Tapestry Gross-Profit-to-Asset % Calculation
Tapestry's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Tapestry Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Tapestry's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.
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