Five Below Inc (FIVE)
Total 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 |
| Total assets | US$ in thousands | 4,339,570 | 3,872,040 | 3,872,040 | 3,324,910 | 3,324,910 |
| Total asset turnover | 0.89 | 0.92 | 0.92 | 0.93 | 0.93 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,876,530K ÷ $4,339,570K
= 0.89
The total asset turnover for Five Below Inc has been relatively consistent over the past few years, ranging between 0.89 and 0.93. This ratio indicates that for every dollar of total assets the company has, it generates approximately between 89 and 93 cents in sales. A consistent total asset turnover suggests that the company is effectively utilizing its assets to generate revenue. However, a slight decrease in the ratio from 0.93 to 0.89 from January 31, 2024, to January 31, 2025, may indicate a potential decrease in sales relative to its total assets. Further investigation into the company's operational efficiency and sales performance may be warranted to understand the underlying factors contributing to this trend.
Peer comparison
Jan 31, 2025