Five Below Inc (FIVE)
Working capital 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 current assets | US$ in thousands | 1,351,370 | 1,203,540 | 1,203,540 | 1,066,380 | 1,066,380 |
| Total current liabilities | US$ in thousands | 756,442 | 715,926 | 715,926 | 602,560 | 602,560 |
| Working capital turnover | 6.52 | 7.30 | 7.30 | 6.63 | 6.63 |
January 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,876,530K ÷ ($1,351,370K – $756,442K)
= 6.52
The working capital turnover for Five Below Inc has shown a consistent trend over the years. In January 28, 2023 and January 31, 2023, the working capital turnover ratio was 6.63. This ratio increased to 7.30 in January 31, 2024 and remained at the same level in February 3, 2024. However, there was a slight decrease to 6.52 in January 31, 2025. Overall, the company has been effectively using its working capital to generate sales, with a noticeable improvement in efficiency in 2024. The fluctuation in 2025 might require further investigation to understand the underlying reasons.
Peer comparison
Jan 31, 2025