Five Below Inc (FIVE)
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 | 3,876,522 | 3,823,382 | 4,317,412 | 4,223,748 | 4,148,290 | 3,569,531 | 2,990,772 | 2,980,614 | 2,970,456 | 3,334,225 | 3,697,994 | 3,616,781 | 3,535,568 | 3,081,745 | 2,627,922 | 2,622,484 | 2,973,782 | 3,301,187 | 3,239,905 | 3,207,954 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 1,134,310 | — | 2,550,370 | 1,075,280 | 2,421,160 | 1,013,690 | 944,375 | 944,375 | 925,530 | 925,530 | 880,469 | 880,469 | 2,109,320 | 842,002 | 799,765 | 1,928,890 |
| Fixed asset turnover | — | — | — | — | 3.66 | — | 1.17 | 2.77 | 1.23 | 3.29 | 3.92 | 3.83 | 3.82 | 3.33 | 2.98 | 2.98 | 1.41 | 3.92 | 4.05 | 1.66 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,876,522K ÷ $—K
= —
The fixed asset turnover ratio represents how efficiently a company is utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates that the company is generating more sales per dollar of fixed assets.
From the provided data for Five Below Inc, we observe fluctuations in the fixed asset turnover ratio over time. The ratio ranged from a low of 1.17 on October 31, 2023, to a high of 4.05 on April 30, 2022. The company experienced significant efficiency in utilizing its fixed assets in the quarter ending April 30, 2022.
However, there were periods where the fixed asset turnover ratio dropped notably, such as on July 31, 2023, where the ratio plunged to 1.23. This suggests a decrease in sales generated per dollar of fixed assets during that period.
The data for future periods, starting from January 31, 2024, shows a lack of available information ("N/A") for the fixed asset turnover ratio, making it challenging to assess the company's efficiency in utilizing fixed assets during those periods.
Overall, the analysis of Five Below Inc's fixed asset turnover ratio indicates varying levels of efficiency in utilizing fixed assets over time, which may reflect changes in the company's operational and strategic initiatives.
Peer comparison
Jan 31, 2025