Five Below Inc (FIVE)
Fixed asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,876,530 | 3,559,370 | 3,559,370 | 3,076,310 | 3,076,310 |
| Property, plant and equipment | US$ in thousands | — | 1,134,310 | — | 925,530 | 925,530 |
| Fixed asset turnover | — | 3.14 | — | 3.32 | 3.32 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,876,530K ÷ $—K
= —
The fixed asset turnover ratio is a measure of how efficiently a company is utilizing its fixed assets to generate revenue. Five Below Inc's fixed asset turnover ratio for January 28, 2023, and January 31, 2023, was 3.32, indicating that the company generated $3.32 in sales for every dollar invested in fixed assets during those periods.
However, there is no data available for January 31, 2024, and January 31, 2025. Skipping to February 3, 2024, the fixed asset turnover ratio was 3.14. This suggests that the company's efficiency in utilizing fixed assets to generate revenue slightly decreased compared to the earlier periods.
Overall, it appears that Five Below Inc has maintained a relatively stable fixed asset turnover ratio, which indicates efficient utilization of fixed assets to generate sales revenue during the available periods. Monitoring this ratio over time can provide insights into the company's operational efficiency and asset management practices.
Peer comparison
Jan 31, 2025