Abercrombie & Fitch Company (ANF)
Working capital 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 |
| Total current assets | US$ in thousands | 1,673,430 | 1,655,770 | 1,516,650 | 1,509,580 | 1,537,260 | 1,537,260 | 1,441,400 | 1,441,400 | 1,311,260 | 1,311,260 | 1,108,590 | 1,108,590 | 1,228,020 | 1,228,020 | 1,220,360 | 1,220,360 | 1,262,690 | 1,262,690 | 1,212,870 | 1,507,760 |
| Total current liabilities | US$ in thousands | 1,126,940 | 1,182,090 | 1,051,660 | 919,699 | 966,820 | 966,820 | 1,027,140 | 1,027,140 | 936,480 | 936,480 | 769,461 | 769,461 | 902,200 | 902,200 | 935,492 | 935,492 | 959,268 | 959,268 | 853,032 | 1,015,240 |
| Working capital turnover | 9.06 | 10.17 | 10.88 | 8.45 | 8.80 | 7.89 | 9.62 | 9.08 | 9.45 | 10.16 | 12.01 | 12.14 | 12.77 | 11.56 | 11.83 | 11.59 | 11.81 | 12.99 | 11.23 | 8.39 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $4,948,590K ÷ ($1,673,430K – $1,126,940K)
= 9.06
Working capital turnover is a financial ratio that measures how efficiently a company is using its working capital to generate revenue. In the case of Abercrombie & Fitch Company, the working capital turnover has fluctuated over the given period, ranging from a low of 7.89 to a high of 12.99.
The trend shows some variability in the efficiency of Abercrombie & Fitch in utilizing its working capital resources to support sales. Generally, higher values of working capital turnover indicate better efficiency in utilizing the resources, as it implies more revenue generated per unit of working capital.
Analyzing the data, we observe that the working capital turnover peaked at 12.99 on July 30, 2022, indicating a significant efficiency in generating revenue from its working capital at that point. However, the ratio decreased and fluctuated around the range of 9 to 12 in subsequent periods.
The working capital turnover ratio trend suggests that Abercrombie & Fitch has been able to efficiently convert its working capital into sales revenue over the period under consideration, but there may have been some fluctuations in the company's operating efficiency during different quarters. It would be important for the company to closely monitor this ratio to ensure optimal utilization of its working capital resources.
Peer comparison
Jan 31, 2025