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GCO (Genesco) Asset Turnover : 0.35 (As of Apr. 2025)


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What is Genesco Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Genesco's Revenue for the three months ended in Apr. 2025 was $474 Mil. Genesco's Total Assets for the quarter that ended in Apr. 2025 was $1,370 Mil. Therefore, Genesco's Asset Turnover for the quarter that ended in Apr. 2025 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Genesco's annualized ROE % for the quarter that ended in Apr. 2025 was -15.88%. It is also linked to ROA % through Du Pont Formula. Genesco's annualized ROA % for the quarter that ended in Apr. 2025 was -6.20%.


Genesco Asset Turnover Historical Data

The historical data trend for Genesco'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.

Genesco Asset Turnover Chart

Genesco Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.54 1.58 1.67 1.75

Genesco Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.35 0.39 0.42 0.54 0.35

Competitive Comparison of Genesco's Asset Turnover

For the Apparel Retail subindustry, Genesco'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.


Genesco's Asset Turnover Distribution in the Retail - Cyclical Industry

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

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


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Genesco Asset Turnover Calculation

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

Genesco's Asset Turnover for the fiscal year that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2025 )/( (Total Assets (A: Jan. 2024 )+Total Assets (A: Jan. 2025 ))/ count )
=2325.062/( (1329.89+1335.536)/ 2 )
=2325.062/1332.713
=1.74

Genesco's Asset Turnover for the quarter that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2025 )/( (Total Assets (Q: Jan. 2025 )+Total Assets (Q: Apr. 2025 ))/ count )
=473.973/( (1335.536+1404.591)/ 2 )
=473.973/1370.0635
=0.35

* 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.


Genesco  (NYSE:GCO) Asset Turnover Explanation

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

Genesco's annulized ROE % for the quarter that ended in Apr. 2025 is

ROE %**(Q: Apr. 2025 )
=Net Income/Total Stockholders Equity
=-84.908/534.601
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-84.908 / 1895.892)*(1895.892 / 1370.0635)*(1370.0635/ 534.601)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.48 %*1.3838*2.5628
=ROA %*Equity Multiplier
=-6.20 %*2.5628
=-15.88 %

Note: The Net Income data used here is four times the quarterly (Apr. 2025) net income data. The Revenue data used here is four times the quarterly (Apr. 2025) 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:

Genesco's annulized ROA % for the quarter that ended in Apr. 2025 is

ROA %(Q: Apr. 2025 )
=Net Income/Total Assets
=-84.908/1370.0635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-84.908 / 1895.892)*(1895.892 / 1370.0635)
=Net Margin %*Asset Turnover
=-4.48 %*1.3838
=-6.20 %

Note: The Net Income data used here is four times the quarterly (Apr. 2025) net income data. The Revenue data used here is four times the quarterly (Apr. 2025) 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.


Genesco Asset Turnover Related Terms

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


Genesco Business Description

Traded in Other Exchanges
N/A
Address
535 Marriott Drive, Nashville, TN, USA, 37214
Genesco Inc. sells footwear, headwear, sports apparel, and accessories through four main segments. The Journeys Group generates the highest revenue, encompassing the Journeys, Journeys Kidz, and Little Burgundy brands, along with e-commerce and catalog sales. The Schuh Group targets teenagers and young adults aged 16 to 24, focusing on casual and athletic footwear. The Johnston & Murphy Group operates retail shops and factory stores across the United States. Finally, the Genesco Brands Group designs and sources licensed footwear for brands like Levi's, Dockers, and G.H. Bass.
Executives
Gregory A Sandfort director GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Daniel E Ewoldsen officer: Senior VP 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew C Diamond director
Mimi Eckel Vaughn officer: Vice President C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Thomas George officer: Sr VP-Finance and Interim CFO 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew M Bilunas director C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Carolyn Bojanowski director 79 CLYDE, SAN RAFAEL CA 94901
Kathleen Mason director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Mary E Meixelsperger director 810 DSW DRIVE, COLUMBUS OH 43219
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Marty G Dickens director
Thurgood Jr Marshall director 3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
John F Lambros director 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Robert J Dennis officer: Senior Vice President GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Brently G. Baxter officer: VP & Chief Accounting Officer C/O GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214