Abercrombie & Fitch Company (ANF)

Fixed asset turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	4,948,590	4,280,680	4,280,680	3,697,750	3,697,750
Property, plant and equipment	US$ in thousands	—	538,033	—	1,275,140	551,585
Fixed asset turnover		—	7.96	—	2.90	6.70

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,948,590K ÷ $—K
= —

To analyze Abercrombie & Fitch Company's fixed asset turnover based on the provided data:

1. Fixed asset turnover is a financial ratio that measures how efficiently a company is using its fixed assets to generate revenue.

2. Looking at the data provided, the fixed asset turnover for Abercrombie & Fitch Company was 6.70 as of January 28, 2023, indicating that for every dollar invested in fixed assets, the company generated $6.70 in sales.

3. The fixed asset turnover then decreased to 2.90 as of January 31, 2023. This drop suggests that the company may not be utilizing its fixed assets as effectively to generate sales during this period.

4. The data for January 31, 2024, and January 31, 2025, show N/A entries, indicating that the fixed asset turnover ratios for these periods are not available.

5. However, by February 3, 2024, the fixed asset turnover ratio improved significantly to 7.96, suggesting that the company improved its efficiency in leveraging fixed assets to generate sales.

6. It is important for Abercrombie & Fitch Company to monitor its fixed asset turnover consistently to ensure optimal utilization of its fixed assets and maximize revenue generation.

7. Analyzing trends in fixed asset turnover can provide insights into the efficiency of the company's operations and help in identifying areas that may need improvement in managing fixed assets.

Overall, the fluctuation in Abercrombie & Fitch Company's fixed asset turnover ratios indicates varying levels of efficiency in utilizing fixed assets to generate sales over the analyzed periods.