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Lands' End (Lands' End) Asset Turnover : 0.59 (As of Jan. 2024)


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What is Lands' End Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lands' End's Revenue for the three months ended in Jan. 2024 was $515 Mil. Lands' End's Total Assets for the quarter that ended in Jan. 2024 was $880 Mil. Therefore, Lands' End's Asset Turnover for the quarter that ended in Jan. 2024 was 0.59.

Asset Turnover is linked to ROE % through Du Pont Formula. Lands' End's annualized ROE % for the quarter that ended in Jan. 2024 was -14.00%. It is also linked to ROA % through Du Pont Formula. Lands' End's annualized ROA % for the quarter that ended in Jan. 2024 was -3.92%.


Lands' End Asset Turnover Historical Data

The historical data trend for Lands' End'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.

Lands' End Asset Turnover Chart

Lands' End 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 1.30 1.32 1.57 1.47 1.56

Lands' End 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 0.46 0.30 0.32 0.33 0.59

Competitive Comparison of Lands' End's Asset Turnover

For the Apparel Retail subindustry, Lands' End'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.


Lands' End's Asset Turnover Distribution in the Retail - Cyclical Industry

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

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



Lands' End Asset Turnover Calculation

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

Lands' End'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 )
=1472.508/( (1082.148+811.479)/ 2 )
=1472.508/946.8135
=1.56

Lands' End'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 )
=514.852/( (947.562+811.479)/ 2 )
=514.852/879.5205
=0.59

* 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.


Lands' End  (NAS:LE) Asset Turnover Explanation

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

Lands' End's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-34.48/246.249
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-34.48 / 2059.408)*(2059.408 / 879.5205)*(879.5205/ 246.249)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.67 %*2.3415*3.5717
=ROA %*Equity Multiplier
=-3.92 %*3.5717
=-14.00 %

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:

Lands' End's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-34.48/879.5205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-34.48 / 2059.408)*(2059.408 / 879.5205)
=Net Margin %*Asset Turnover
=-1.67 %*2.3415
=-3.92 %

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.


Lands' End Asset Turnover Related Terms

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


Lands' End (Lands' End) Business Description

Traded in Other Exchanges
Address
1 Lands' End Lane, Dodgeville, WI, USA, 53595
Lands' End Inc is a United States-based multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company's operating segment includes U.S. eCommerce; International; Outfitters; Third Party and Retail. It generates maximum revenue from the U.S. eCommerce segment. The U.S. eCommerce segment offers products through the company's eCommerce website. Geographically, it derives a majority of its revenue from the United States.
Executives
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Angela S. Rieger officer: Chief Transformation Officer LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Andrew J. Mclean director, officer: CEO - Designate 77 HOT METAL STREET, PITTSBURGH PA 15203
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Jerome Griffith director, officer: President and CEO C/O TUMI, INC., 1001 DURHAM AVENUE, SOUTH PLAINFIELD NJ 07080
Sarah W. Rasmusen officer: EVP, CHIEF CUSTOMER OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Jignesh Patel director 1 LANDS' END LANE, DODGEVILLE WI 53595
Chieh Tsai officer: CHIEF PRODUCT OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Peter L Gray officer: EVP & CAO C/O TUMI HOLDINGS INC, 1001 DURHAM AVE, SOUTH PLAINFIELD NJ 07080
James F Gooch officer: EVP, COO & CFO C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Mccracken Bernard Louis Iii officer: VP, Chief Accounting Officer 500 PLAZA DRIVE, SECAUCUS NJ 07094
Maureen Mullen director LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Gill Brown Hong officer: EVP, CMO & Head of Intl. 1 LANDS' END LANE, DODGEVILLE WI 53595
Jonah Staw director 951 LONGRIDGE ROAD, OAKLAND CA 94610
Robert A Bowman director C/O MLB COM, 75 9TH AVE 5TH FLOOR, NEW YORK NY 10011