Buckle Inc (BKE)
Fixed asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,217,690 | 1,261,100 | 1,261,100 | 1,345,190 | 1,345,190 |
| Property, plant and equipment | US$ in thousands | — | 128,837 | — | 383,823 | 112,402 |
| Fixed asset turnover | — | 9.79 | — | 3.50 | 11.97 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,217,690K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate sales revenue from its investment in fixed assets. A higher ratio indicates more efficient utilization of fixed assets to generate revenue.
Analyzing Buckle Inc's fixed asset turnover over the given periods, we observe fluctuations. As of January 28, 2023, the fixed asset turnover stood impressively high at 11.97, indicating Buckle effectively generated sales relative to its investment in fixed assets. However, this ratio dropped significantly to 3.50 by January 31, 2023, suggesting a potential decrease in revenue generated from fixed assets.
Interestingly, the data for January 31, 2024, and January 31, 2025, is not available, denoted by "—". This gap hinders a precise evaluation of Buckle's fixed asset turnover during these periods.
By February 3, 2024, the fixed asset turnover recovered to 9.79, showcasing an improvement in utilizing fixed assets to generate sales revenue.
In conclusion, the fixed asset turnover for Buckle Inc has displayed variability over the provided periods, with notable fluctuations and periods of missing data. Further analysis and contextual information would be necessary to better understand the factors influencing these changes in fixed asset turnover efficiency.
Peer comparison
Jan 31, 2025