Kohls Corp (KSS)
Fixed asset turnover
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,132,000 | 17,199,000 | 17,430,000 | 17,634,000 | 17,794,000 | 18,287,000 | 18,625,000 | 19,000,000 | 15,554,000 | 15,261,000 | 14,628,000 | 13,777,000 | 16,004,000 | 16,695,000 | 17,428,000 | 18,219,000 | 19,878,000 | 19,848,000 | 19,842,000 | 20,087,000 |
| Property, plant and equipment | US$ in thousands | 7,720,000 | 7,861,000 | 7,945,000 | 7,803,000 | 7,926,000 | 8,117,000 | 8,228,000 | 7,790,000 | 7,304,000 | 7,329,000 | 7,107,000 | 6,653,000 | 6,689,000 | 6,876,000 | 6,970,000 | 7,169,000 | 7,352,000 | 7,364,000 | 7,276,000 | 7,211,000 |
| Fixed asset turnover | 2.22 | 2.19 | 2.19 | 2.26 | 2.25 | 2.25 | 2.26 | 2.44 | 2.13 | 2.08 | 2.06 | 2.07 | 2.39 | 2.43 | 2.50 | 2.54 | 2.70 | 2.70 | 2.73 | 2.79 |
February 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $17,132,000K ÷ $7,720,000K
= 2.22
The fixed asset turnover ratio for Kohls Corp has shown some variability over the past 20 financial reporting periods, ranging from a low of 2.06 to a high of 2.79. The ratio measures how efficiently the company is utilizing its fixed assets to generate sales, with a higher ratio indicating better asset utilization.
On average, the company's fixed asset turnover ratio appears to be relatively stable, with a mean value of approximately 2.33 over the period. This suggests that Kohls Corp has been effectively using its fixed assets to generate revenue.
It is important to note that a declining trend in the fixed asset turnover ratio could indicate inefficiencies in asset utilization or a decrease in sales relative to the company's investment in fixed assets. Conversely, an increasing trend may signal improved efficiency in asset management.
Overall, a thorough analysis of the company's fixed asset turnover ratio in conjunction with other financial ratios and business performance metrics can provide deeper insights into Kohls Corp's operational efficiency and financial health.
Peer comparison
Feb 3, 2024