Burlington Stores Inc (BURL)
Fixed asset turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,634,800 | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 |
| Property, plant and equipment | US$ in thousands | 2,369,720 | 1,880,320 | 1,668,000 | 1,552,240 | 1,438,860 |
| Fixed asset turnover | 4.49 | 5.17 | 5.22 | 6.01 | 4.01 |
February 1, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,634,800K ÷ $2,369,720K
= 4.49
The fixed asset turnover ratio for Burlington Stores Inc has shown a generally positive trend over the period analyzed. Starting at 4.01 in January 30, 2021, the ratio increased to 6.01 by January 29, 2022, indicating that the company generated $6.01 in revenue for every dollar invested in fixed assets. There was a slight decrease in the ratio to 5.22 by January 28, 2023, followed by a further decrease to 5.17 by February 3, 2024. However, the ratio improved again to 4.49 by February 1, 2025.
Overall, the company has been efficiently utilizing its fixed assets to generate revenue, as higher turnover ratios suggest better utilization of assets. The fluctuation in the ratio may indicate changes in the company's operational efficiency or investment in fixed assets during the period under review. Further contextual analysis would be needed to understand the underlying reasons for these fluctuations and assess the effectiveness of the company's asset management strategies.
Peer comparison
Feb 1, 2025