Chewy Inc (CHWY)
Fixed asset turnover
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 11,456,690 | 11,316,450 | 11,236,380 | 11,144,420 | 11,003,270 | 10,797,980 | 10,452,070 | 10,095,940 | 9,779,260 | 9,459,300 | 9,183,330 | 8,890,780 | 8,545,390 | 8,115,230 | 7,660,050 | 7,146,260 | 6,457,770 | 5,905,570 | 5,359,250 | 4,846,730 |
| Property, plant and equipment | US$ in thousands | 527,738 | 526,163 | 524,850 | 521,298 | 514,701 | 511,755 | 474,764 | 478,738 | 467,055 | 431,554 | 403,942 | 367,166 | 317,729 | 277,413 | 233,556 | 210,017 | 202,090 | 169,636 | 144,427 | 118,731 |
| Fixed asset turnover | 21.71 | 21.51 | 21.41 | 21.38 | 21.38 | 21.10 | 22.02 | 21.09 | 20.94 | 21.92 | 22.73 | 24.21 | 26.90 | 29.25 | 32.80 | 34.03 | 31.95 | 34.81 | 37.11 | 40.82 |
October 27, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $11,456,690K ÷ $527,738K
= 21.71
The fixed asset turnover ratio for Chewy Inc has shown a consistent and strong performance over the past several periods. The ratio has been consistently high, with values ranging from 20.94 to 40.82. This indicates that Chewy Inc generates significant sales revenue in relation to its investment in fixed assets.
A high fixed asset turnover ratio signifies that Chewy Inc efficiently utilizes its fixed assets to generate sales. It suggests that the company is effectively managing and utilizing its property, plant, and equipment to drive revenue generation.
The trend of the fixed asset turnover ratio demonstrates a stable and consistent operational efficiency in utilizing fixed assets to generate sales over time. This efficiency is crucial for profitability and sustainable growth in the long term.
Overall, the strong performance of Chewy Inc in terms of fixed asset turnover indicates efficient management of its fixed assets to drive revenue, reflecting positively on the company's operational efficiency and financial health.
Peer comparison
Oct 27, 2024