Burlington Stores Inc (BURL)
Fixed asset turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 9,727,480 | 9,345,400 | 9,096,740 | 8,909,870 | 8,702,600 | 8,567,330 | 8,830,680 | 9,058,650 | 9,322,260 | 8,996,140 | 8,359,340 | 7,155,760 | 5,763,983 | 5,689,693 | 5,804,033 | 6,453,723 | 7,286,390 | 7,075,860 | 6,935,240 | 6,777,960 |
| Property, plant and equipment | US$ in thousands | 1,880,320 | 1,767,630 | 1,699,470 | 1,678,460 | 1,668,000 | 1,666,520 | 1,609,300 | 1,567,400 | 1,552,240 | 1,499,780 | 1,467,400 | 1,454,450 | 1,438,860 | 1,442,360 | 1,431,480 | 1,407,080 | 1,403,170 | 1,375,480 | 1,317,560 | 1,288,180 |
| Fixed asset turnover | 5.17 | 5.29 | 5.35 | 5.31 | 5.22 | 5.14 | 5.49 | 5.78 | 6.01 | 6.00 | 5.70 | 4.92 | 4.01 | 3.94 | 4.05 | 4.59 | 5.19 | 5.14 | 5.26 | 5.26 |
February 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $9,727,480K ÷ $1,880,320K
= 5.17
The fixed asset turnover ratio for Burlington Stores Inc has shown fluctuations over the periods analyzed. The ratio ranged from 3.94 to 6.01, indicating how efficiently the company is utilizing its fixed assets to generate sales revenue. An increasing trend in the fixed asset turnover ratio over time suggests that the company is becoming more efficient in generating sales from its fixed assets. Conversely, a decreasing trend may indicate inefficiencies or underutilization of fixed assets.
Overall, Burlington Stores Inc has maintained relatively high fixed asset turnover ratios, with most values above 5. This indicates that the company is effectively using its fixed assets to generate sales revenue. The variations in the ratio reflect fluctuations in sales relative to the investment in fixed assets. Analysts may further investigate the factors influencing these fluctuations to assess the company's operational efficiency and asset utilization.
Peer comparison
Feb 3, 2024