Shoe Carnival Inc (SCVL)

Fixed asset turnover is a key ratio that measures a company's efficiency in generating sales revenue from its investments in fixed assets like property, plant, and equipment. In the case of Shoe Carnival Inc, we observe fluctuations in its fixed asset turnover over the years.

- On January 28, 2023, Shoe Carnival Inc achieved a high fixed asset turnover of 8.92, indicating that the company generated $8.92 in sales for every $1 invested in fixed assets during that period. This suggests efficient utilization of fixed assets to drive sales.

- By January 31, 2023, the fixed asset turnover decreased to 2.74, indicating a decline in the company's ability to generate sales from its fixed assets. This might signal lower operational efficiency or changes in the asset base during this period.

- The data for January 31, 2024 and January 31, 2025 show "—" which signifies missing or unavailable data for these periods, making it challenging to gauge the company's fixed asset turnover during these times.

- However, on February 3, 2024, the fixed asset turnover improved to 6.97, indicating a better utilization of fixed assets to generate sales compared to the previous period with available data.

Overall, the trends in Shoe Carnival Inc's fixed asset turnover suggest varying levels of efficiency in utilizing fixed assets to drive sales over the analyzed periods. It would be beneficial to monitor this ratio continuously to assess the company's operational efficiency and asset utilization in the future.

Peer comparison

Jan 31, 2025