Walmart Inc (WMT)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 680,985,000 | 673,819,000 | 665,035,000 | 657,332,000 | 648,125,000 | 638,785,000 | 630,794,000 | 622,021,000 | 611,289,000 | 600,112,000 | 587,824,000 | 576,013,000 | 572,754,000 | 571,962,000 | 566,145,000 | 562,839,000 | 559,151,000 | 548,743,000 | 542,026,000 | 534,661,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 126,824,000 | 123,995,000 | 102,335,000 | 119,234,000 | 115,544,000 | 114,392,000 | 113,217,000 | 112,624,000 | 110,331,000 | 91,621,000 | 90,996,000 | 109,848,000 | 102,232,000 | 122,894,000 | 101,872,000 |
| Fixed asset turnover | — | — | — | — | — | 5.04 | 5.09 | 6.08 | 5.13 | 5.19 | 5.14 | 5.09 | 5.09 | 5.18 | 6.18 | 6.19 | 5.09 | 5.37 | 4.41 | 5.25 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $680,985,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales revenue from its investment in fixed assets, such as property, plant, and equipment. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more efficiently to generate revenue.
Analyzing the fixed asset turnover of Walmart Inc over the period from April 30, 2020, to January 31, 2025, shows some fluctuations in the ratio. The ratio ranged from 4.41 to 6.19 during this period, with the highest values observed in April 2021 and July 2021.
Overall, Walmart Inc maintained a relatively stable fixed asset turnover ratio, staying in the range of 4.41 to 6.19, with an average of approximately 5.37. This indicates that the company has been effectively using its fixed assets to generate sales revenue over the years.
However, it is important to note that the fixed asset turnover ratio for Walmart Inc has not been consistently increasing or decreasing. This suggests that while the company is efficiently utilizing its fixed assets to generate revenue, there may be fluctuations in its operational efficiency or changes in its asset base that impact this ratio.
It would be beneficial for investors and analysts to further investigate the factors influencing the fluctuation in Walmart Inc's fixed asset turnover ratio to gain a deeper understanding of the company's operational efficiency and asset utilization.
Peer comparison
Jan 31, 2025