The Gap, Inc. (GAP)
Fixed asset turnover
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,086,000 | 15,235,000 | 15,173,000 | 15,001,000 | 14,889,000 | 14,834,000 | 15,106,000 | 15,415,000 | 15,616,000 | 15,898,000 | 15,802,000 | 16,156,000 | 16,670,000 | 16,569,000 | 16,620,000 | 15,684,000 | 13,800,000 | 14,050,000 | 14,054,000 | 14,784,000 |
| Property, plant and equipment | US$ in thousands | 2,496,000 | 2,546,000 | 2,525,000 | 2,528,000 | 2,566,000 | 2,552,000 | 2,595,000 | 2,646,000 | 2,688,000 | 2,788,000 | 2,809,000 | 2,791,000 | 3,037,000 | 2,924,000 | 2,897,000 | 2,839,000 | 2,841,000 | 2,846,000 | 2,895,000 | 2,945,000 |
| Fixed asset turnover | 6.04 | 5.98 | 6.01 | 5.93 | 5.80 | 5.81 | 5.82 | 5.83 | 5.81 | 5.70 | 5.63 | 5.79 | 5.49 | 5.67 | 5.74 | 5.52 | 4.86 | 4.94 | 4.85 | 5.02 |
February 1, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,086,000K ÷ $2,496,000K
= 6.04
The fixed asset turnover ratio measures how efficiently a company is using its fixed assets to generate sales revenue. A higher ratio indicates that the company is able to generate more sales from its investment in fixed assets.
Based on the provided data for The Gap, Inc., the fixed asset turnover ratio has shown a generally positive trend over time. The ratio increased from 5.02 in May 2020 to a peak of 6.04 in February 2025, indicating an improvement in the efficiency of utilizing fixed assets to generate sales during this period.
The fluctuations in the fixed asset turnover ratio may be influenced by various factors such as changes in sales revenue, acquisitions or disposals of fixed assets, or improvements in operational efficiency. It is important for investors and analysts to monitor this ratio over time to assess the company's ability to generate sales from its investment in fixed assets and evaluate its operational performance.
Peer comparison
Feb 1, 2025