Dollar Tree Inc (DLTR)

Fixed asset turnover

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Revenue	US$ in thousands	17,578,500	30,603,800	30,603,800	28,331,700	28,331,700
Property, plant and equipment	US$ in thousands	—	6,144,100	—	4,972,200	4,972,200
Fixed asset turnover		—	4.98	—	5.70	5.70

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $17,578,500K ÷ $—K
= —

The fixed asset turnover ratio for Dollar Tree Inc has been consistently high around 5.70 for the periods ending January 28, 2023 and January 31, 2023. However, there is missing data for the period ending January 31, 2024. The ratio decreased slightly to 4.98 for the period ending February 3, 2024. There is missing data again for the period ending January 31, 2025.

Overall, the company's ability to generate sales from its fixed assets has been strong, as indicated by the high fixed asset turnover ratio. However, the slight decrease in the ratio in February 3, 2024, may indicate a potential dip in efficiency in utilizing fixed assets to generate revenue during that period. The missing data points for January 31, 2024, and January 31, 2025, make it difficult to assess the trend over those periods.