Bath & Body Works Inc. (BBWI)
Fixed asset turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,118,000 | 7,212,000 | 7,299,000 | 11,356,000 | 12,496,000 |
| Property, plant and equipment | US$ in thousands | 1,220,000 | 1,193,000 | 1,009,000 | 1,017,000 | 2,486,000 |
| Fixed asset turnover | 5.83 | 6.05 | 7.23 | 11.17 | 5.03 |
February 3, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,118,000K ÷ $1,220,000K
= 5.83
Bath & Body Works Inc.'s fixed asset turnover has shown some fluctuations over the past five years. The ratio decreased from 11.17 in January 2021 to 5.83 in February 2024. This decline indicates that the company generated less in sales compared to its investment in fixed assets in the most recent period. However, the ratio was relatively high in January 2022 at 7.23, indicating efficient utilization of fixed assets to generate sales revenue. Overall, while there have been fluctuations in the fixed asset turnover ratio, Bath & Body Works Inc. has generally been able to effectively utilize its fixed assets to generate sales.
Peer comparison
Feb 3, 2024