Bath & Body Works Inc. (BBWI)

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 7,307,000 7,352,000 8,654,000 8,690,000 8,796,000 7,523,000 6,093,000 5,927,000 5,751,000 7,080,000 8,487,000 8,695,000 8,899,000 7,629,000 6,272,000 6,118,000 7,628,000 9,037,000 9,186,000 9,326,000
Property, plant and equipment US$ in thousands 1,220,000 2,311,000 1,244,000 1,236,000 1,236,000 1,223,000 1,223,000 1,193,000 1,193,000 2,195,000 1,121,000 1,071,000 1,071,000 1,059,000 1,009,000
Fixed asset turnover 7.21 2.64 4.76 4.65 5.73 6.94 7.11 7.46 6.39 2.86 5.46 7.12 8.44 8.67 9.24

January 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,307,000K ÷ $—K
= —

The fixed asset turnover ratio of Bath & Body Works Inc. has fluctuated over the past few years. As of January 31, 2022, the ratio was 9.24, indicating that the company generated $9.24 in sales for every dollar invested in fixed assets. This high ratio suggests efficient utilization of fixed assets to generate revenue.

However, the ratio declined to 2.86 by October 31, 2022, before further dropping to 2.64 by January 31, 2023. These declines may signal a decrease in productivity and efficient utilization of fixed assets during that period.

There was a slight improvement in the fixed asset turnover ratio to 7.21 by February 3, 2024, indicating a potential increase in sales generated per dollar of fixed assets invested. However, there is missing data for the subsequent periods, making it difficult to provide a complete trend analysis.

Overall, Bath & Body Works Inc. should monitor its fixed asset turnover ratio consistently to ensure optimal utilization of fixed assets and maximize revenue generation efficiency.


Peer comparison

Jan 31, 2025

Company name
Symbol
Fixed asset turnover
Bath & Body Works Inc.
BBWI
Victoria's Secret & Co
VSCO