Five Below Inc (FIVE)
Working capital 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 |
| Total current assets | US$ in thousands | 1,351,370 | 1,212,220 | 1,118,640 | 1,150,470 | 1,203,540 | 1,203,540 | 1,091,000 | 1,091,000 | 1,111,930 | 1,111,930 | 1,083,500 | 1,083,500 | 1,066,380 | 1,066,380 | 957,048 | 957,048 | 963,759 | 963,759 | 905,614 | 904,739 |
| Total current liabilities | US$ in thousands | 756,442 | 875,388 | 685,205 | 741,629 | 715,926 | 715,926 | 758,166 | 758,166 | 649,468 | 649,468 | 618,554 | 618,554 | 602,560 | 602,560 | 639,850 | 639,850 | 630,523 | 630,523 | 594,387 | 586,901 |
| Working capital turnover | 6.52 | 11.35 | 9.96 | 10.33 | 8.51 | 7.32 | 8.99 | 8.96 | 6.42 | 7.21 | 7.95 | 7.78 | 7.62 | 6.64 | 8.28 | 8.27 | 8.92 | 9.91 | 10.41 | 10.09 |
January 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,876,522K ÷ ($1,351,370K – $756,442K)
= 6.52
Five Below Inc's working capital turnover ratio has shown fluctuations over the period from January 31, 2022, to January 31, 2025. The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales revenue.
The trend of Five Below Inc's working capital turnover ratio indicates variations in the efficiency of its working capital management. The ratio ranged from a high of 10.41 in April 30, 2022, to a low of 6.42 in July 31, 2023. This variability suggests that the company's ability to efficiently convert working capital into sales fluctuates over time.
Overall, the working capital turnover ratio has shown some volatility, with peaks and troughs occurring at different points in the reporting periods. It is essential for Five Below Inc to continue monitoring and analyzing its working capital turnover ratio to ensure effective management of its working capital and improve operational efficiency.
Peer comparison
Jan 31, 2025