Chewy Inc (CHWY)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,861,300 | 11,147,700 | 11,144,400 | 10,098,900 | 10,096,500 |
| Property, plant and equipment | US$ in thousands | — | — | 521,298 | 902,161 | 478,738 |
| Fixed asset turnover | — | — | 21.38 | 11.19 | 21.09 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $11,861,300K ÷ $—K
= —
Chewy Inc's fixed asset turnover ratio provides insights into how efficiently the company generates revenue from its investments in fixed assets.
The fixed asset turnover ratio for Chewy Inc has shown fluctuating trends over the period analyzed. In January 2023, the ratio stood at 21.09, indicating that Chewy generated $21.09 in revenue for every dollar invested in fixed assets.
However, by January 31, 2023, the ratio had decreased to 11.19, suggesting a decline in the company's ability to utilize its fixed assets effectively to generate revenue.
In the following year, in January 2024, the fixed asset turnover ratio increased to 21.38, surpassing the initial figure in 2023. This improvement implies that Chewy enhanced its operational efficiency and optimized the utilization of its fixed assets to generate revenue.
Unfortunately, data for January 31, 2024, and January 31, 2025, are missing ('—'), making it challenging to provide a complete analysis. It is essential for Chewy to consistently monitor and manage its fixed asset turnover ratio to ensure efficient asset utilization and sustainable revenue generation in the future.
Peer comparison
Jan 31, 2025