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American Eagle Outfitters (American Eagle Outfitters) Asset Turnover : 0.47 (As of Jan. 2024)


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What is American Eagle Outfitters Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. American Eagle Outfitters's Revenue for the three months ended in Jan. 2024 was $1,679 Mil. American Eagle Outfitters's Total Assets for the quarter that ended in Jan. 2024 was $3,539 Mil. Therefore, American Eagle Outfitters's Asset Turnover for the quarter that ended in Jan. 2024 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. American Eagle Outfitters's annualized ROE % for the quarter that ended in Jan. 2024 was 1.45%. It is also linked to ROA % through Du Pont Formula. American Eagle Outfitters's annualized ROA % for the quarter that ended in Jan. 2024 was 0.71%.


American Eagle Outfitters Asset Turnover Historical Data

The historical data trend for American Eagle Outfitters'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.

American Eagle Outfitters Asset Turnover Chart

American Eagle Outfitters 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 1.65 1.11 1.39 1.39 1.51

American Eagle Outfitters 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 0.42 0.32 0.35 0.37 0.47

Competitive Comparison of American Eagle Outfitters's Asset Turnover

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, American Eagle Outfitters's Asset Turnover distribution charts can be found below:

* The bar in red indicates where American Eagle Outfitters's Asset Turnover falls into.



American Eagle Outfitters Asset Turnover Calculation

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

American Eagle Outfitters'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 )
=5261.77/( (3420.956+3557.909)/ 2 )
=5261.77/3489.4325
=1.51

American Eagle Outfitters'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 )
=1678.911/( (3520.786+3557.909)/ 2 )
=1678.911/3539.3475
=0.47

* 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.


American Eagle Outfitters  (NYSE:AEO) Asset Turnover Explanation

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

American Eagle Outfitters's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=25.264/1737.524
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25.264 / 6715.644)*(6715.644 / 3539.3475)*(3539.3475/ 1737.524)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.38 %*1.8974*2.037
=ROA %*Equity Multiplier
=0.71 %*2.037
=1.45 %

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:

American Eagle Outfitters's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=25.264/3539.3475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.264 / 6715.644)*(6715.644 / 3539.3475)
=Net Margin %*Asset Turnover
=0.38 %*1.8974
=0.71 %

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.


American Eagle Outfitters Asset Turnover Related Terms

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


American Eagle Outfitters (American Eagle Outfitters) Business Description

Traded in Other Exchanges
Address
77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is an apparel and accessory retailer with company stores in U.S., Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has an online business that ships worldwide. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel and accessories for women and men. Geographically, it generates the vast majority of its revenue from the United States.
Executives
Jennifer M. Foyle officer: Global Brand President-aerie 77 HOT METAL STREET, PITTSBURGH PA 15203
Cary D Mcmillan director SARA LEE BRANDED APPAREL, 70 W MADISON STREET, CHICAGO IL 60602
Michael R Rempell officer: EVP, COO NY Design Center 77 HOT METAL STREET, PITTSBURGH PA 15203
David M. Sable director 77 HOT METAL STREET, PITTSBURGH PA 15203-2329
Noel Joseph Spiegel director RADIAN GROUP INC., 1601 MARKET STREET, PHILADELPHIA PA 19103
Andrew J. Mclean officer: EVP & Chief Commercial Officer 77 HOT METAL STREET, PITTSBURGH PA 15203
Steven A Davis director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Marisa Baldwin officer: EVP - CHRO C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Charles F Kessler officer: EVP-Mdsing&Design Off-AEBrand 6301 FITCH PATH, NEW ALBANY OH 43054
Thomas R Ketteler director 2301 WEST LAFAYETTE, DETROIT MI 48216
Stacy Siegal officer: EVP and General Counsel 800 COMMONWEALTH DRIVE, SUITE 100, WARRENDALE PA 15086
Keefer James H Jr officer: VP, Controller & CAO 77 HOT METAL STREET, PITTSBURGH PA 15203
Michael A. Mathias officer: EVP and CFO 77 HOT METAL STREET, PITTSBURGH PA 15203
Deborah A Henretta director ONE RIVERFRONT PLAZA, CORNING NY 14831
Jay L Schottenstein director, 10 percent owner, officer: Chairman of the Board 1800 MOLER ROAD, COLUMBUS OH 43207