Deckers Outdoor (FRA:DO2) Asset Turnover: 0.29 (As of Mar. 2026)


FRA:DO2 Deckers Outdoor Corp FRA:DO2
99 GF Score
Price €91.14
GF Value €131.49
Valuation Significantly Undervalued
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What is Deckers Outdoor Asset Turnover?

Deckers Outdoor FRA:DO2 +1.61% 99 Asset Turnover is 0.29 as of Mar. 2026. GuruFocus rates FRA:DO2 with a GF Score™ of 99/100 and a GF Value™ of €131.49 (Significantly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Deckers Outdoor's Revenue for the three months ended in Mar. 2026 was €968 Mil. Deckers Outdoor's Total Assets for the quarter that ended in Mar. 2026 was €3,347 Mil. Therefore, Deckers Outdoor's Asset Turnover for the quarter that ended in Mar. 2026 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Deckers Outdoor's annualized ROE % for the quarter that ended in Mar. 2026 was 21.37%. It is also linked to ROA % through Du Pont Formula. Deckers Outdoor's annualized ROA % for the quarter that ended in Mar. 2026 was 14.02%.


Deckers Outdoor  (FRA:DO2) Asset Turnover Explanation

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

Deckers Outdoor's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=469.076/2195.3305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(469.076 / 3873.016)*(3873.016 / 3346.5765)*(3346.5765/ 2195.3305)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.11 %*1.1573*1.5244
=ROA %*Equity Multiplier
=14.02 %*1.5244
=21.37 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Deckers Outdoor's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=469.076/3346.5765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(469.076 / 3873.016)*(3873.016 / 3346.5765)
=Net Margin %*Asset Turnover
=12.11 %*1.1573
=14.02 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Deckers Outdoor Asset Turnover Related Terms


Deckers Outdoor Asset Turnover Historical Data

* Premium members only.

The historical data trend for Deckers Outdoor'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.

Deckers Outdoor Asset Turnover Chart

Deckers Outdoor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.50 1.50 1.49 1.46

Deckers Outdoor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.25 0.37 0.50 0.29

FRA:DO2 vs ONON, BIRK, CROX: Asset Turnover Comparison

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


Deckers Outdoor Asset Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Deckers Outdoor's Asset Turnover falls into.


FRA:DO2
99GF Score
Deckers Outdoor Corp FRA:DO2
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Deckers Outdoor Asset Turnover Calculation

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

Deckers Outdoor's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=4733.536/( (3302.483+3189.917)/ 2 )
=4733.536/3246.2
=1.46

Deckers Outdoor's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=968.254/( (3503.236+3189.917)/ 2 )
=968.254/3346.5765
=0.29

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.29 mean?
Deckers Outdoor (FRA:DO2) has a Asset Turnover of 0.29 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Deckers Outdoor and its competitors.
Is Deckers Outdoor's Asset Turnover too high?
Deckers Outdoor's current Asset Turnover is 0.29. Overall, Deckers Outdoor has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's Asset Turnover compare to ONON and BIRK?
Deckers Outdoor's Asset Turnover of 0.29 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Deckers Outdoor and its competitors. Deckers Outdoor's current Asset Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (FRA:DO2) is currently considered Significantly Undervalued. The stock's GF Value™ is €131.49, compared to a current price of €91.14 — trading 30.7% below its estimated fair value. The current Asset Turnover is 0.29. Deckers Outdoor's overall GF Score™ is 99/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Deckers Outdoor (FRA:DO2), the current Asset Turnover is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deckers Outdoor (FRA:DO2) Overvalued in 2026?

Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued. The current stock price of €91.14 is trading 30.7% below its estimated GF Value™ of €131.49. GuruFocus considers Deckers Outdoor to be Significantly Undervalued.

Key valuation signals for FRA:DO2:

  • Asset Turnover: 0.29
  • GF Value™: €131.49 vs. price of €91.14 (30.7% below fair value)
  • GF Score™: 99/100

No single metric tells the full story. See the FRA:DO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deckers Outdoor Business Description

Address 250 Coromar Drive, Goleta, CA, USA, 93117
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
99GF Score

Get the complete analysis for FRA:DO2

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.14
Price
€131.49
GF Value