Abercrombie & Fitch Company (ANF)
Working capital 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 |
Total current assets | US$ in thousands | 1,673,430 | 1,537,260 | 1,537,260 | 1,228,020 | 1,228,020 |
Total current liabilities | US$ in thousands | 1,126,940 | 966,820 | 966,820 | 902,200 | 902,200 |
Working capital turnover | 9.06 | 7.50 | 7.50 | 11.35 | 11.35 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,948,590K ÷ ($1,673,430K – $1,126,940K)
= 9.06
The working capital turnover for Abercrombie & Fitch Company has shown relatively stable performance, with a ratio of 11.35 for both January 28 and January 31, 2023. This indicates that the company effectively utilized its working capital to generate sales during those periods.
However, there was a decline in the working capital turnover ratio to 7.50 for January 31 and February 3, 2024, suggesting a possible inefficiency in how the company managed its working capital to support its sales activities during that period.
Subsequently, the ratio improved to 9.06 for January 31, 2025, indicating a better utilization of working capital to generate sales compared to the previous year. It is essential for Abercrombie & Fitch Company to monitor and maintain an optimal level of working capital turnover to ensure efficient operations and maximize its profitability in the future.
Peer comparison
Jan 31, 2025