Abercrombie & Fitch Company (ANF)
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 | May 1, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,280,679 | 4,027,579 | 3,851,233 | 3,720,979 | 3,697,747 | 3,659,287 | 3,684,363 | 3,744,122 | 3,712,765 | 3,673,455 | 3,587,948 | 3,421,426 | 3,125,380 | 3,187,890 | 3,231,709 | 3,374,459 | 3,623,072 | 3,299,716 | 3,278,658 | 3,168,479 |
| Property, plant and equipment | US$ in thousands | 538,033 | 546,935 | 553,680 | 550,810 | 551,585 | 542,138 | 511,181 | 497,976 | 508,336 | 516,176 | 532,795 | 533,773 | 550,587 | 593,932 | 635,703 | 654,784 | 665,290 | 665,862 | 649,360 | 633,686 |
| Fixed asset turnover | 7.96 | 7.36 | 6.96 | 6.76 | 6.70 | 6.75 | 7.21 | 7.52 | 7.30 | 7.12 | 6.73 | 6.41 | 5.68 | 5.37 | 5.08 | 5.15 | 5.45 | 4.96 | 5.05 | 5.00 |
February 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,280,679K ÷ $538,033K
= 7.96
Abercrombie & Fitch Company's fixed asset turnover has shown fluctuating trends over the past several reporting periods. The fixed asset turnover ratio measures how efficiently the company is generating sales revenue from its investment in fixed assets.
The ratio has ranged from a low of 4.96 to a high of 7.96 during the period under review. Generally, a higher fixed asset turnover indicates that the company is utilizing its fixed assets more efficiently to generate sales.
Abercrombie & Fitch's fixed asset turnover ratio has generally been above 5.00, indicating a relatively efficient use of fixed assets to generate revenue. The trend has shown some volatility, with occasional decreases followed by increases in the ratio. This could suggest fluctuations in sales performance relative to the level of investment in fixed assets.
Overall, the company has demonstrated a moderate level of efficiency in generating sales revenue from its fixed assets, as reflected in the varying but generally healthy fixed asset turnover ratios observed in the period analyzed.
Peer comparison
Feb 3, 2024