Nordstrom Inc (JWN)
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 | 15,016,000 | 15,113,000 | 16,069,000 | 15,495,000 | 15,480,000 | 14,832,000 | 14,184,000 | 14,045,000 | 13,906,000 | 14,453,000 | 15,000,000 | 15,365,000 | 15,730,000 | 15,506,000 | 15,282,000 | 15,305,000 | 16,245,000 | 16,636,000 | 16,178,000 | 16,246,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 3,177,000 | — | 4,589,000 | 3,187,000 | 4,562,000 | 3,181,000 | 3,197,000 | 3,197,000 | 4,821,000 | 3,351,000 | 4,821,000 | 3,373,000 | 4,863,000 | 3,443,000 | 4,909,000 | 5,002,000 |
| Fixed asset turnover | — | — | — | — | 4.87 | — | 3.09 | 4.41 | 3.05 | 4.54 | 4.69 | 4.81 | 3.26 | 4.63 | 3.17 | 4.54 | 3.34 | 4.83 | 3.30 | 3.25 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,016,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is generating sales from its fixed assets. A higher fixed asset turnover ratio indicates better utilization of fixed assets to generate revenue.
Based on the provided data for Nordstrom Inc's fixed asset turnover ratio, we observe fluctuations over time. The ratio ranges from a low of 3.05 to a high of 4.87. This indicates some variability in the company's ability to generate sales from its fixed assets efficiently.
Specifically, we see an improving trend in the fixed asset turnover ratio from July 2022 to April 2023, where the ratio consistently increases from 3.30 to 4.69, implying better asset utilization during this period. However, there are fluctuations in the subsequent periods, with the ratio dropping to 3.05 in July 2023, before improving to 4.41 in October 2023.
It is worth noting that the fixed asset turnover ratio is unavailable for the most recent periods from January 2024 onwards, indicating a lack of data or a possible change in reporting. More data would be needed to assess the company's current efficiency in utilizing its fixed assets to generate revenue effectively.
Overall, the analysis of Nordstrom Inc's fixed asset turnover suggests some variability in asset efficiency over the periods provided, with notable improvements followed by fluctuations in the ratio. Monitoring this ratio over time can help assess the company's operational efficiency and performance in utilizing its fixed assets effectively.
Peer comparison
Jan 31, 2025