Boot Barn Holdings Inc (BOOT)
Fixed asset turnover
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,911,104 | 1,845,814 | 1,758,043 | 1,706,700 | 1,667,009 | 1,704,211 | 1,698,365 | 1,675,454 | 1,657,615 | 1,615,262 | 1,586,613 | 1,547,785 | 1,488,256 | 1,363,820 | 1,180,254 | 1,052,052 | 893,491 | 823,247 | 804,906 | 807,574 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 642,490 | 275,969 | 257,143 | 231,651 | 204,267 | 442,016 | 155,247 | 363,614 | 333,985 | 311,745 | 110,444 | 109,793 | 107,764 | 109,327 |
Fixed asset turnover | — | — | — | — | — | — | 2.64 | 6.07 | 6.45 | 6.97 | 7.77 | 3.50 | 9.59 | 3.75 | 3.53 | 3.37 | 8.09 | 7.50 | 7.47 | 7.39 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,911,104K ÷ $—K
= —
Boot Barn Holdings Inc's fixed asset turnover has displayed fluctuations over the periods provided.
The fixed asset turnover ratio measures how efficiently the company is generating revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more efficiently to generate sales.
Analyzing the trend in Boot Barn Holdings Inc's fixed asset turnover ratio:
- The ratio increased steadily from June 30, 2020, to March 31, 2022, reaching its peak of 9.59. This indicates that the company was effectively generating sales from its fixed assets during this period.
- However, there was a notable decline in the ratio from June 30, 2022, to September 30, 2023, where it dropped to 2.64. This significant decrease suggests a potential inefficiency in utilizing fixed assets to generate revenue.
- The ratio then improved slightly but remained below the levels seen in the earlier periods up to March 31, 2025.
Overall, the trend in Boot Barn Holdings Inc's fixed asset turnover ratio shows variations in how efficiently the company is utilizing its fixed assets to generate sales over the periods provided. Analyzing the factors contributing to these fluctuations may provide insights into the company's operational efficiency and financial performance.
Peer comparison
Mar 31, 2025