Academy Sports Outdoors Inc (ASO)
Fixed asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,933,450 | 6,112,570 | 6,159,290 | 6,395,070 | 6,347,110 |
| Property, plant and equipment | US$ in thousands | — | 445,209 | — | 351,424 | 351,424 |
| Fixed asset turnover | — | 13.73 | — | 18.20 | 18.06 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,933,450K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets effectively to generate sales.
Analyzing the data provided for Academy Sports Outdoors Inc:
- On January 28, 2023, the fixed asset turnover ratio was 18.06, which indicates that for every dollar invested in fixed assets, the company generated $18.06 in revenue.
- By January 31, 2023, the ratio slightly increased to 18.20, showing a slight improvement in utilizing fixed assets efficiently.
- There is missing data for January 31, 2024, indicating that the fixed asset turnover ratio was not available for that period.
- On February 3, 2024, the fixed asset turnover ratio decreased to 13.73, suggesting a potential decrease in efficiency in generating revenue from fixed assets compared to the previous periods.
- The data for January 31, 2025, is also missing, signifying that the fixed asset turnover ratio was not reported for that period.
Overall, based on the available data, Academy Sports Outdoors Inc has demonstrated high efficiency in utilizing its fixed assets to generate revenue, as indicated by the consistently high fixed asset turnover ratios. However, the slight decrease in the ratio on February 3, 2024, may warrant further investigation into the company's asset utilization efficiency during that period.
Peer comparison
Jan 31, 2025