Boot Barn Holdings Inc (BOOT)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,911,100 | 1,667,010 | 1,657,620 | 1,488,260 | 893,491 |
| Property, plant and equipment | US$ in thousands | — | — | 257,143 | 155,247 | 110,444 |
| Fixed asset turnover | — | — | 6.45 | 9.59 | 8.09 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,911,100K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. In the case of Boot Barn Holdings Inc:
1. In March 31, 2021, the fixed asset turnover ratio was 8.09, indicating that the company generated $8.09 in revenue for every dollar invested in fixed assets during that period.
2. By March 31, 2022, the fixed asset turnover ratio improved to 9.59, showing that the company became more efficient in utilizing its fixed assets to generate revenue.
3. However, by March 31, 2023, the fixed asset turnover ratio decreased to 6.45, suggesting a potential decrease in efficiency in utilizing fixed assets to generate revenue.
4. Unfortunately, the data for March 31, 2024 and March 31, 2025 is missing, making it challenging to assess the trend in the fixed asset turnover ratio for those periods.
In summary, Boot Barn Holdings Inc showed fluctuations in its fixed asset turnover ratio over the years. It is crucial for the company to monitor and improve this ratio to ensure optimal utilization of fixed assets in generating revenue efficiently.
Peer comparison
Mar 31, 2025