Guess? Inc. (GES)
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 | 2,995,273 | 2,935,701 | 3,088,233 | 3,006,843 | 3,060,147 | 2,851,979 | 2,619,699 | 2,538,327 | 2,456,777 | 2,610,049 | 2,734,401 | 2,798,006 | 2,864,259 | 2,689,165 | 2,545,538 | 2,505,608 | 2,675,593 | 2,832,838 | 2,836,413 | 2,886,010 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 231,516 | — | 891,935 | 218,036 | 889,650 | 221,624 | 885,460 | 221,970 | 876,503 | 221,300 | 876,503 | 211,760 | 845,729 | 209,684 | 882,301 | 886,374 |
| Fixed asset turnover | — | — | — | — | 13.22 | — | 2.94 | 11.64 | 2.76 | 11.78 | 3.09 | 12.61 | 3.27 | 12.15 | 2.90 | 11.83 | 3.16 | 13.51 | 3.21 | 3.26 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,995,273K ÷ $—K
= —
The fixed asset turnover ratio measures how effectively a company is utilizing its fixed assets to generate revenue. It is calculated by dividing net sales by average fixed assets.
Analyzing the fixed asset turnover data of Guess? Inc. from January 2022 to January 2025, we observe fluctuations in the ratio. In January 2022, the ratio stood at 3.26, indicating that for every dollar invested in fixed assets, the company generated $3.26 in revenue. The ratio slightly decreased to 3.21 in April 2022, suggesting a minor decline in asset utilization efficiency.
A significant spike in the fixed asset turnover was observed in July 2022, reaching a value of 13.51. This sharp increase could indicate either a substantial increase in sales generated from fixed assets or a decrease in the book value of fixed assets. Subsequently, the ratio reverted to 3.16 in July 2022, which returned the metric to a more typical range.
Throughout the following quarters until January 2024, the fixed asset turnover continued to fluctuate between approximately 2.76 and 13.22. These fluctuations could be a result of changes in sales volumes or adjustments in the carrying value of fixed assets on the balance sheet.
Starting from April 2024, the data shows "—," indicating that the fixed asset turnover ratio was not available for the subsequent periods. This lack of data makes it challenging to assess the company's recent performance in terms of fixed asset utilization efficiency.
In summary, based on the available data, Guess? Inc.'s fixed asset turnover ratio exhibited fluctuations over the period analyzed, with some periods showing more efficient utilization of fixed assets than others. Further information and analysis beyond the provided data would be necessary to gain a more comprehensive understanding of the company's fixed asset management effectiveness.