Dick’s Sporting Goods Inc (DKS)

Fixed asset turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Revenue (ttm) US$ in thousands 13,442,850 13,502,590 14,321,580 13,890,340 13,899,980 13,170,230 12,503,320 12,303,100 12,102,220 12,475,290 12,856,580 12,973,260 13,078,850 12,594,560 12,090,930 11,832,270 12,251,700 12,486,180 12,146,910 12,180,570
Property, plant and equipment US$ in thousands 1,638,160 3,812,730 1,569,700 3,789,780 1,520,680 1,372,780 1,372,780 3,451,350 1,312,990 3,367,940 1,342,790 3,392,820 1,321,740 3,353,290
Fixed asset turnover 8.49 3.28 7.84 3.19 8.20 9.37 9.45 3.79 9.59 3.59 8.81 3.61 9.45 3.62

January 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $13,442,850K ÷ $—K
= —

The fixed asset turnover ratio for Dick’s Sporting Goods Inc shows variability over the periods provided in the data. The ratio measures how efficiently the company is using its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates better asset utilization.

From the data provided, we can observe fluctuations in the fixed asset turnover ratio over time. The ratio ranged from a low of 3.19 to a high of 9.59. This variability may indicate changes in the company's operational efficiency and asset utilization strategies during the respective periods.

Specifically, there were significant increases in the fixed asset turnover ratio in some quarters, such as in July 30, 2022 (9.45) and January 28, 2023 (9.59), indicating improved efficiency in generating revenue relative to fixed assets. Conversely, there were also periods with lower ratios, like in July 31, 2023 (3.19) and October 31, 2023 (3.28), suggesting potential challenges in maximizing the productivity of fixed assets.

The absence of data for certain periods, such as January 31, 2022, and April 30, 2024, may reflect reporting limitations or specific changes in the business during those times.

Overall, monitoring the fixed asset turnover ratio can provide insights into how effectively Dick’s Sporting Goods Inc is utilizing its fixed assets to generate sales revenue and may help identify areas for improvement in operational efficiency and asset management.


Peer comparison

Jan 31, 2025

Company name
Symbol
Fixed asset turnover
Dick’s Sporting Goods Inc
DKS
Academy Sports Outdoors Inc
ASO
ODP Corp
ODP