Nordstrom Inc (JWN)
Fixed asset turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,016,000 | 14,693,000 | 14,693,000 | 15,530,000 | 15,530,000 |
| Property, plant and equipment | US$ in thousands | — | 3,177,000 | — | 4,821,000 | 3,351,000 |
| Fixed asset turnover | — | 4.62 | — | 3.22 | 4.63 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $15,016,000K ÷ $—K
= —
Fixed asset turnover is a measure of how efficiently a company utilizes its fixed assets to generate revenue. In the case of Nordstrom Inc, the fixed asset turnover ratio has shown fluctuations over the past few years.
As of January 28, 2023, the fixed asset turnover ratio was 4.63, indicating that Nordstrom generated $4.63 in revenue for every dollar invested in fixed assets. This suggests a high level of efficiency in utilizing fixed assets to drive sales.
By January 31, 2023, the fixed asset turnover ratio decreased to 3.22, which may indicate a decrease in the efficiency of leveraging fixed assets to generate revenue.
The data for January 31, 2024, is not available (indicated as "—"), making it challenging to assess the company's fixed asset turnover for that period. However, we can see that by February 3, 2024, the fixed asset turnover ratio improved significantly to 4.62, close to the level observed in January 2023.
For January 31, 2025, the fixed asset turnover data is also unavailable (indicated as "—"), so it is difficult to gauge Nordstrom's efficiency in utilizing fixed assets during that period.
Overall, Nordstrom Inc has experienced fluctuations in its fixed asset turnover ratio, indicating varying levels of efficiency in utilizing fixed assets to generate sales over the years analyzed. It would be important to monitor future financial reports to assess any ongoing trends in fixed asset turnover.
Peer comparison
Jan 31, 2025