Core & Main Inc (CNM)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,441,000 | 6,702,000 | 6,621,000 | 6,651,000 | 6,585,000 |
| Property, plant and equipment | US$ in thousands | — | — | 151,000 | 105,000 | 105,000 |
| Fixed asset turnover | — | — | 43.85 | 63.34 | 62.71 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,441,000K ÷ $—K
= —
The fixed asset turnover ratio for Core & Main Inc has shown a fluctuating trend over the past few years. In January 2023, the ratio was strong at 62.71, indicating that the company generated $62.71 in sales for every dollar invested in fixed assets. By January 2024, the ratio dropped to 43.85, suggesting a potential decline in efficiency in utilizing fixed assets to generate revenue. The absence of data for January 31, 2024, and January 31, 2025, makes it difficult to analyze the trend further or draw conclusive insights about recent performance. Understanding the factors influencing the variations in fixed asset turnover can provide valuable insights into Core & Main Inc's operational efficiency and asset utilization strategies.