Victoria's Secret & Co (VSCO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,083,000 | 6,029,000 | 6,093,000 | 6,198,000 | 6,285,000 | 6,459,000 | 6,585,000 | 6,688,000 | |||
| Property, plant and equipment | US$ in thousands | 843,000 | 871,000 | 855,000 | 834,000 | 846,000 | 855,000 | 864,000 | 901,000 | 957,000 | 976,000 | 999,000 |
| Fixed asset turnover | 7.22 | 6.92 | 7.13 | 7.43 | 7.43 | 7.55 | 7.62 | 7.42 |
February 3, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,083,000K ÷ $843,000K
= 7.22
The fixed asset turnover ratio measures how efficiently a company is generating sales revenue from its investments in fixed assets. A higher fixed asset turnover indicates that the company is utilizing its fixed assets more effectively to generate sales.
Based on the data provided for Victoria's Secret & Co over the past eleven quarters, the fixed asset turnover ratio has been consistently high, ranging from 6.92 to 7.62. This indicates that the company has been efficient in generating sales revenue from its investments in fixed assets.
The stability and relatively high levels of the fixed asset turnover ratio suggest that Victoria's Secret & Co is effectively utilizing its fixed assets to drive sales growth and profitability. This efficiency could be attributed to effective asset management strategies, operational efficiency, and strong demand for the company's products and services.
Overall, the trend of the fixed asset turnover ratio for Victoria's Secret & Co reflects a positive operational performance in terms of utilizing its fixed assets to generate sales revenue over the analyzed period.
Peer comparison
Feb 3, 2024