Abercrombie & Fitch Company (ANF)

Fixed asset turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Revenue (ttm) US$ in thousands 4,948,590 4,816,580 5,060,520 4,982,980 5,018,680 4,501,115 3,983,550 3,763,114 3,542,678 3,807,143 4,071,608 4,115,698 4,159,788 3,765,069 3,370,350 3,303,028 3,584,294 3,940,553 4,040,622 4,133,020
Property, plant and equipment US$ in thousands 538,033 1,229,490 546,935 1,268,660 553,680 550,810 550,810 1,275,140 551,585 1,255,300 542,138 1,251,810 511,181 1,169,970 1,206,570
Fixed asset turnover 9.33 3.24 6.88 2.79 6.88 7.39 7.47 3.26 6.83 2.68 6.09 2.86 7.71 3.45 3.43

January 31, 2025 calculation

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

The fixed asset turnover ratio measures how efficiently a company is generating sales revenue from its investment in fixed assets such as property, plant, and equipment. A higher fixed asset turnover indicates better utilization of fixed assets.

Analyzing the data provided for Abercrombie & Fitch Company's fixed asset turnover reveals fluctuating values over the reported periods. The ratio ranged from a low of 2.68 to a high of 9.33.

Specifically, the highest value of 9.33 observed on February 3, 2024, suggests that the company generated $9.33 in revenue for every dollar invested in fixed assets on that date. This indicates a high level of efficiency in asset utilization during that period.

On the other hand, the lowest value of 2.68 on October 31, 2022, implies a lower efficiency in generating revenue from fixed assets during that particular time frame.

The trend in fixed asset turnover for Abercrombie & Fitch Company appears to be volatile, with fluctuations in the ratio across the reported periods. It would be important to examine the underlying reasons behind these variations to understand the company's operational efficiency and asset utilization better.