Capri Holdings Ltd (CPRI)

Fixed asset turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Revenue (ttm) US$ in thousands 3,407,000 4,630,000 4,796,000 5,008,000 5,170,000 5,282,000 5,367,000 5,488,000 5,619,000 5,776,000 5,873,000 5,761,000 5,654,000 5,359,000 5,052,000 4,862,000 4,060,000 4,055,000 4,324,000 4,656,000
Property, plant and equipment US$ in thousands 1,849,000 551,000 1,882,000 546,000 470,000 466,000 476,000 460,000 454,000 1,940,000 485,000 518,000 530,000 541,000
Fixed asset turnover 2.90 9.96 2.99 10.58 12.50 12.36 11.88 11.65 11.13 2.51 8.37 7.83 8.16 8.61

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,407,000K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures how efficiently a company utilizes its fixed assets to generate revenue. A higher fixed asset turnover indicates that the company is generating more sales relative to its investment in fixed assets.

Looking at the data provided for Capri Holdings Ltd's fixed asset turnover over various quarters, we observe fluctuations in the ratio over time. From June 2020 to September 2022, the fixed asset turnover steadily increased from 8.61 to 12.50, indicating improved efficiency in utilizing fixed assets to generate sales.

However, there was a sharp decrease in fixed asset turnover in the following quarters, reaching as low as 2.90 in September 2023. This sudden drop may suggest challenges in effectively leveraging fixed assets to drive revenue during this period.

It is worth noting that the fixed asset turnover ratio improved again to 9.96 in June 2023 but experienced additional fluctuations in the subsequent periods. The ratio dropped significantly in March 2024 to 2.99 and remained low in the following quarters until the data for December 31, 2024, showing no recorded value.

Overall, the trend in Capri Holdings Ltd's fixed asset turnover indicates periods of both efficiency and potential challenges in utilizing fixed assets effectively to generate revenue. Further analysis and comparison with industry benchmarks could provide valuable insights into the company's operational performance and efficiency in capital utilization.


Peer comparison

Mar 31, 2025

Company name
Symbol
Fixed asset turnover
Capri Holdings Ltd
CPRI
Tapestry Inc
TPR
12.98