Foot Locker Inc (FL)
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 | 7,988,000 | 8,108,000 | 8,531,000 | 8,620,000 | 8,733,000 | 8,229,000 | 7,709,000 | 7,651,000 | 7,590,000 | 8,063,000 | 8,528,000 | 8,773,000 | 9,016,000 | 8,744,000 | 8,480,000 | 8,479,000 | 8,646,000 | 8,922,000 | 9,046,000 | 9,060,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 930,000 | — | 3,066,000 | 884,000 | 3,164,000 | 898,000 | 901,000 | 901,000 | 3,363,000 | 920,000 | 3,363,000 | 897,000 | 3,346,000 | 899,000 | 3,425,000 | 3,465,000 |
| Fixed asset turnover | — | — | — | — | 9.39 | — | 2.51 | 8.65 | 2.40 | 8.98 | 9.47 | 9.74 | 2.68 | 9.50 | 2.52 | 9.45 | 2.58 | 9.92 | 2.64 | 2.61 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,988,000K ÷ $—K
= —
Foot Locker Inc's fixed asset turnover ratio has shown some fluctuations over the periods provided. The fixed asset turnover ratio measures how efficiently the company is generating sales revenue from its investment in fixed assets. A higher ratio indicates better utilization of fixed assets to generate sales.
Looking at the data, we can see that the fixed asset turnover ratio ranged from 2.40 to 9.92 during the periods mentioned. In general, the company's fixed asset turnover ratio trended positively, with some spikes indicating increased efficiency in utilizing fixed assets to generate sales.
Specifically, we observed significant improvements in the fixed asset turnover ratio in July 30, 2022, where it spiked to 9.92, and in January 28, 2023, where it reached 9.50. These spikes suggest that Foot Locker Inc was effectively utilizing its fixed assets to generate higher sales during those periods.
However, there were also periods where the fixed asset turnover ratio dropped, such as in July 31, 2023, where it decreased to 2.40. This could indicate a temporary decrease in efficiency in converting fixed assets into sales during that specific period.
It is worth noting that there are missing data points for the periods January 31, 2024, April 30, 2024, July 31, 2024, October 31, 2024, and January 31, 2025, which could be due to various reasons like data unavailability.
In conclusion, Foot Locker Inc's fixed asset turnover ratio has shown variability over the periods provided, but overall, it indicates the company's ability to efficiently use its fixed assets to generate sales revenue.
Peer comparison
Jan 31, 2025