Dave & Buster’s Entertainment (PLAY)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,132,700 | 2,162,100 | 2,308,200 | 2,218,000 | 2,067,900 | 2,046,100 | 1,945,000 | 2,075,400 | 2,201,161 | 2,192,813 | 2,176,019 | 2,031,551 | 1,936,149 | 1,841,897 | 1,811,792 | 1,702,062 | 1,558,491 | 1,436,967 | 1,349,776 | 1,384,312 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 1,332,700 | — | — | 1,242,600 | 1,221,700 | 1,221,700 | 1,185,500 | 1,180,230 | 1,180,200 | 1,155,960 | 1,155,960 | 1,149,630 | 787,750 | 787,750 | 778,597 | 778,597 |
| Fixed asset turnover | — | — | — | — | 1.55 | — | — | 1.67 | 1.80 | 1.79 | 1.84 | 1.72 | 1.64 | 1.59 | 1.57 | 1.48 | 1.98 | 1.82 | 1.73 | 1.78 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,132,700K ÷ $—K
= —
Fixed asset turnover is a ratio that measures a company's ability to generate revenue from its fixed assets. In the case of Dave & Buster’s Entertainment, the fixed asset turnover has fluctuated over the past few years. Starting from 1.78 on January 30, 2022, the ratio decreased to 1.48 on July 31, 2022, before gradually climbing back up to 1.80 on July 31, 2023.
This indicates that the company was able to generate $1.80 in revenue for every dollar invested in fixed assets by the end of July 2023. However, the ratio declined to 1.67 on October 29, 2023. The data is incomplete for the periods beyond October 31, 2023.
In general, a higher fixed asset turnover ratio is preferable as it implies that the company is efficiently utilizing its fixed assets to generate revenue. The fluctuations in Dave & Buster’s fixed asset turnover ratio suggest potential changes in the company's asset management efficiency and revenue generation capabilities over time. Further analysis would be necessary to understand the reasons behind these fluctuations and their implications for the company's financial performance.
Peer comparison
Jan 31, 2025