Designer Brands Inc (DBI)
Fixed asset turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,074,976 | 3,081,174 | 3,159,865 | 3,226,967 | 3,315,428 | 3,377,508 | 3,365,955 | 3,323,971 | 3,196,583 | 2,983,309 | 2,782,712 | 2,455,091 | 2,234,719 | 2,454,987 | 2,735,943 | 3,102,181 | 3,492,687 | 3,505,144 | 3,402,987 | 3,340,770 |
| Property, plant and equipment | US$ in thousands | 219,939 | 224,638 | 226,634 | 227,692 | 235,430 | 233,515 | 242,147 | 250,123 | 256,786 | 263,581 | 271,401 | 284,823 | 296,469 | 313,102 | 332,730 | 359,841 | 395,009 | 394,695 | 402,779 | 405,156 |
| Fixed asset turnover | 13.98 | 13.72 | 13.94 | 14.17 | 14.08 | 14.46 | 13.90 | 13.29 | 12.45 | 11.32 | 10.25 | 8.62 | 7.54 | 7.84 | 8.22 | 8.62 | 8.84 | 8.88 | 8.45 | 8.25 |
February 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,074,976K ÷ $219,939K
= 13.98
Designer Brands Inc's fixed asset turnover has shown a fluctuating trend over the past few years, ranging from a low of 7.54 to a high of 14.46. The fixed asset turnover ratio measures how efficiently the company is generating sales from its investment in fixed assets. A higher ratio indicates better asset utilization.
From January 2021 to July 2022, the fixed asset turnover ratio consistently increased from 10.25 to 14.46, suggesting that Designer Brands Inc improved its asset utilization during this period. However, from July 2022 to February 2024, the ratio declined gradually, indicating a potential decrease in the efficiency of generating sales from fixed assets.
Overall, the average fixed asset turnover ratio for Designer Brands Inc during this period is 10.70. While the company's asset turnover has shown some fluctuations, it is important to assess the trend over a longer period to understand the efficiency of its fixed asset utilization.
Peer comparison
Feb 3, 2024