The Gap, Inc. (GAP)
Fixed asset turnover
Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 15,086,000 | 14,889,000 | 15,616,000 | 16,670,000 | 13,800,000 |
Property, plant and equipment | US$ in thousands | 2,496,000 | 2,566,000 | 2,688,000 | 3,037,000 | 2,841,000 |
Fixed asset turnover | 6.04 | 5.80 | 5.81 | 5.49 | 4.86 |
February 1, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $15,086,000K ÷ $2,496,000K
= 6.04
The fixed asset turnover for The Gap, Inc. has shown a generally increasing trend over the past five years, from 4.86 in January 30, 2021, to 6.04 in February 1, 2025. This indicates that the company is generating more revenue per dollar invested in fixed assets, signaling improved efficiency in utilizing its fixed assets to generate sales. The consistent upward trend suggests that The Gap, Inc. has been able to effectively optimize its fixed asset utilization over the years, which is a positive sign for the company's operational performance and profitability.
Peer comparison
Feb 1, 2025
Company name
Symbol
Fixed asset turnover
The Gap, Inc.
GAP
6.04
Abercrombie & Fitch Company
ANF
7.96
American Eagle Outfitters Inc
AEO
7.38
Buckle Inc
BKE
9.79
Nordstrom Inc
JWN
4.62
Ross Stores Inc
ROST
5.82
The TJX Companies Inc
TJX
8.23
Urban Outfitters Inc
URBN
4.00