American Eagle Outfitters Inc (AEO)

Fixed asset turnover

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019	Feb 2, 2019
Revenue (ttm)	US$ in thousands	5,261,780	5,139,060	5,078,580	5,015,720	4,989,830	4,941,580	4,975,080	5,031,220	5,268,470	4,792,150	4,401,580	3,759,112	3,781,452	3,816,242	3,973,612	4,308,210	4,237,780	4,175,080	4,099,053	4,035,724
Property, plant and equipment	US$ in thousands	713,336	742,793	758,736	762,433	781,514	789,809	775,969	745,165	728,272	665,408	641,396	623,808	650,397	659,351	667,258	735,120	764,350	754,031	744,670	742,149
Fixed asset turnover		7.38	6.92	6.69	6.58	6.38	6.26	6.41	6.75	7.23	7.20	6.86	6.03	5.81	5.79	5.96	5.86	5.54	5.54	5.50	5.44

February 3, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,261,780K ÷ $713,336K
= 7.38

The fixed asset turnover ratio of American Eagle Outfitters Inc has shown fluctuations over the past few quarters, ranging from a low of 5.44 to a high of 7.38. This ratio indicates how efficiently the company is generating sales revenue relative to its investment in fixed assets. A higher fixed asset turnover ratio signifies that the company is utilizing its fixed assets more effectively to generate sales.

Overall, the trend for American Eagle Outfitters Inc's fixed asset turnover ratio has been relatively stable, with slight fluctuations within the range of 5.44 to 7.38. This indicates that the company has been maintaining a consistent level of efficiency in generating sales from its fixed assets over the period covered by the data. However, it would be advisable to continue monitoring this ratio to ensure that the company's asset utilization remains optimal and in line with industry standards.