Caleres Inc (CAL)

Fixed asset turnover is an important efficiency ratio that measures a company's ability to generate sales revenue from its investment in fixed assets. Looking at the data provided for Caleres Inc, we observe fluctuations in the fixed asset turnover ratio over the years.

- On January 28, 2023, the fixed asset turnover ratio was 18.44, indicating that Caleres Inc generated $18.44 in sales for every dollar invested in fixed assets. This high ratio suggests efficient utilization of fixed assets to drive revenue.

- By January 31, 2023, the fixed asset turnover ratio decreased to 4.37. This significant drop may indicate either a decrease in sales relative to fixed assets or an increase in the value of fixed assets, impacting the efficiency of asset utilization.

- There is no specific data provided for January 31, 2024, but on February 3, 2024, the fixed asset turnover ratio improved to 16.80, reflecting a potential rebound in asset efficiency, with the company generating more sales per unit of fixed assets.

- The absence of data for January 31, 2025, makes it challenging to assess the trend further, but it is clear that the company's fixed asset turnover has varied over the years, highlighting the importance of monitoring asset efficiency to optimize operational performance.

In conclusion, fluctuations in Caleres Inc's fixed asset turnover ratio over the years suggest varying levels of efficiency in utilizing fixed assets to generate sales revenue. Monitoring and understanding these changes can provide insights into the company's operational performance and asset management strategies.

Peer comparison

Jan 31, 2025