Dollar General Corporation (DG)

Fixed asset turnover

		Jan 31, 2025	Feb 2, 2024	Jan 31, 2024	Feb 3, 2023	Jan 31, 2023
Revenue	US$ in thousands	40,612,300	38,364,800	38,691,600	37,633,600	37,844,900
Property, plant and equipment	US$ in thousands	—	6,087,720	—	5,236,310	15,906,300
Fixed asset turnover		—	6.30	—	7.19	2.38

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $40,612,300K ÷ $—K
= —

The fixed asset turnover ratio for Dollar General Corporation varied over the period analyzed. In January 2023, the company's fixed asset turnover was recorded at 2.38, indicating that it generated $2.38 in revenue for every dollar invested in fixed assets during that period. This ratio improved significantly by February 3, 2023, reaching 7.19, suggesting that the efficient utilization of fixed assets led to a higher revenue generation. However, the data for January 31, 2024, and January 31, 2025, was not available (denoted by "—"), limiting the ability to assess trends in fixed asset turnover during those periods. By February 2, 2024, the fixed asset turnover ratio stood at 6.30, reflecting a strong performance in leveraging fixed assets to drive sales. Overall, Dollar General Corporation showed varying levels of effectiveness in utilizing its fixed assets to generate revenue over the period under review.