G-III Apparel Group Ltd (GIII)

Fixed asset turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Revenue (ttm) US$ in thousands 3,160,677 3,085,924 3,086,394 3,101,400 3,098,242 3,187,888 3,199,078 3,144,561 3,226,729 3,120,456 3,057,546 2,935,383 2,766,536 2,544,623 2,355,794 2,169,925 2,055,146 2,283,521 2,585,360 2,932,040
Property, plant and equipment US$ in thousands — — — — — — 283,514 53,157 53,742 54,185 54,421 47,274 48,805 49,948 224,341 53,298 243,134 60,973 234,698 72,918
Fixed asset turnover — — — — — — 11.28 59.16 60.04 57.59 56.18 62.09 56.69 50.95 10.50 40.71 8.45 37.45 11.02 40.21

January 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,160,677K ÷ $—K
= —

The fixed asset turnover ratio indicates how efficiently a company is using its fixed assets to generate revenue. A higher fixed asset turnover ratio implies that the company is generating more revenue per dollar of investment in fixed assets.

Analyzing G-III Apparel Group Ltd's fixed asset turnover over the specified periods, we observe fluctuations in the ratio.

- The ratio has varied between 8.45 and 62.09 over the past few quarters.
- From January 2021 to January 2022, there was a notable improvement in the fixed asset turnover, increasing from 8.45 to 56.69, indicating a more efficient utilization of fixed assets to generate revenue.
- Subsequently, the ratio continued to remain relatively high, ranging between 56.18 and 60.04 from July 2022 to April 2023.
- However, there was a substantial decline in the July 31, 2023 period, with the fixed asset turnover dropping to 11.28, signifying a potential decrease in efficiency in utilizing fixed assets during that quarter.
- It is worth noting that for the later periods (October 31, 2023 to January 31, 2025), the data is unavailable ("—"), making it challenging to provide a comprehensive analysis for those periods.

In conclusion, while the fixed asset turnover ratio of G-III Apparel Group Ltd has shown fluctuations over time, the company displayed periods of both efficient and less efficient utilization of its fixed assets to generate revenue, which could be of interest to investors and stakeholders in assessing the company's operational efficiency.