Burlington Stores Inc (BURL)
Working capital turnover
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,634,830 | 10,484,130 | 10,242,780 | 9,952,070 | 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 |
| Total current assets | US$ in thousands | 2,628,800 | 2,690,420 | 2,257,920 | 2,238,130 | 2,327,020 | 2,214,830 | 1,917,070 | 1,990,460 | 2,283,790 | 2,099,780 | 1,936,100 | 2,181,240 | 2,547,640 | 2,772,060 | 2,663,920 | 2,738,100 | 2,510,620 | 2,634,860 | 1,891,790 | 2,229,880 |
| Total current liabilities | US$ in thousands | 2,272,510 | 2,301,440 | 2,178,660 | 2,097,320 | 2,028,790 | 1,954,580 | 1,643,700 | 1,718,510 | 1,911,950 | 1,878,410 | 1,609,050 | 1,729,500 | 1,947,650 | 2,079,500 | 1,803,480 | 1,728,700 | 1,684,000 | 1,740,650 | 1,225,200 | 1,355,410 |
| Working capital turnover | 29.85 | 26.95 | 129.23 | 70.68 | 32.62 | 35.91 | 33.28 | 32.76 | 23.40 | 38.70 | 27.00 | 20.05 | 15.54 | 12.99 | 9.72 | 7.09 | 6.97 | 6.36 | 8.71 | 7.38 |
February 1, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $10,634,830K ÷ ($2,628,800K – $2,272,510K)
= 29.85
Burlington Stores Inc's working capital turnover has shown considerable fluctuation over the periods analyzed. The working capital turnover ratio measures how efficiently a company utilizes its working capital to generate sales revenue.
The trend indicates an initial increase in efficiency from May 2, 2020, to August 1, 2020, with a notable improvement from 7.38 to 8.71. However, there was a decrease in efficiency from August 1, 2020, to October 31, 2020, as the ratio dropped to 6.36. The ratio then increased again, reaching 9.72 by July 31, 2021, signaling improved efficiency in utilizing working capital to generate sales.
Notably, by February 3, 2024, the working capital turnover ratio spiked to 32.62, indicating a significant improvement in efficiency. However, this efficiency was short-lived, as the ratio increased dramatically to 129.23 by August 3, 2024, suggesting a sudden surge in sales relative to working capital.
The working capital turnover ratio fluctuated in the subsequent periods, showing values of 26.95 on November 2, 2024, and 29.85 on February 1, 2025. Overall, the analysis reveals varying levels of efficiency in Burlington Stores Inc.'s utilization of working capital to generate sales revenue over the periods examined. Further insight may be required to understand the factors contributing to these fluctuations.
Peer comparison
Feb 1, 2025