Analysis of Geographic Areas
lululemon athletica inc. operates in 4 regions: United States; Canada; People’s Republic of China; and Other geographic areas.
Area Asset Turnover
lululemon athletica inc., asset turnover by geographic area
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| United States | 3.97 | 4.81 | — | — | — | — |
| Canada | 1.91 | 1.93 | — | — | — | — |
| People’s Republic of China | 3.99 | 2.92 | — | — | — | — |
| Other geographic areas | 3.31 | 2.68 | — | — | — | — |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Canada | Canada area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| People’s Republic of China | People’s Republic of China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Other geographic areas | Other geographic areas area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
lululemon athletica inc.; United States; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 6,346,392) | 5,654,343) | —) | —) | —) | —) |
| Long-lived assets | 1,597,318) | 1,175,317) | —) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 3.97 | 4.81 | — | — | — | — |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 6,346,392 ÷ 1,597,318 = 3.97
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: Canada
lululemon athletica inc.; Canada; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 1,285,255) | 1,163,111) | —) | —) | —) | —) |
| Long-lived assets | 671,622) | 601,756) | —) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1.91 | 1.93 | — | — | — | — |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,285,255 ÷ 671,622 = 1.91
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: People’s Republic of China
lululemon athletica inc.; People’s Republic of China; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 1,134,293) | 681,633) | —) | —) | —) | —) |
| Long-lived assets | 284,575) | 233,590) | —) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 3.99 | 2.92 | — | — | — | — |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,134,293 ÷ 284,575 = 3.99
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | People’s Republic of China | People’s Republic of China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other geographic areas
lululemon athletica inc.; Other geographic areas; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net revenue | 853,338) | 611,431) | —) | —) | —) | —) |
| Long-lived assets | 257,906) | 228,370) | —) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 3.31 | 2.68 | — | — | — | — |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 853,338 ÷ 257,906 = 3.31
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other geographic areas | Other geographic areas area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Long-lived assets
lululemon athletica inc., long-lived assets by geographic area
US$ in thousands
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| United States | 1,597,318) | 1,175,317) | —) | —) | —) | —) |
| Canada | 671,622) | 601,756) | —) | —) | —) | —) |
| People’s Republic of China | 284,575) | 233,590) | —) | —) | —) | —) |
| Other geographic areas | 257,906) | 228,370) | —) | —) | —) | —) |
| Total | 2,811,421) | 2,239,033) | —) | —) | —) | —) |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
Net revenue
lululemon athletica inc., net revenue by geographic area
US$ in thousands
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | |
|---|---|---|---|---|---|---|
| United States | 6,346,392) | 5,654,343) | —) | —) | —) | —) |
| Canada | 1,285,255) | 1,163,111) | —) | —) | —) | —) |
| People’s Republic of China | 1,134,293) | 681,633) | —) | —) | —) | —) |
| Other geographic areas | 853,338) | 611,431) | —) | —) | —) | —) |
| Total | 9,619,278) | 8,110,518) | —) | —) | —) | —) |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).