Name: Fixed Asset Turnover

Definition: Fixed asset turnover shows how well the company’s long-term physical assets — factories, equipment, property — are being used to generate sales. A high ratio means the company’s facilities are productive and efficient. A low ratio might signal underused assets or over-investment in equipment that isn’t driving enough sales.

Interpretation:
• In '2022', DDS's fixed asset turnover was 5.37, illustrating how efficiently fixed assets are generating revenue. Industry average for Department/Specialty Retail Stores in '2022' stood at 4.19.
• In '2023', DDS's fixed asset turnover was 5.87, illustrating how efficiently fixed assets are generating revenue. The increase since '2022' reflects strengthening financial performance. Industry average for Department/Specialty Retail Stores in '2023' stood at 4.13. Industry average declined by 0.06 from previous year.
• In '2024', DDS's fixed asset turnover was 6.06, illustrating how efficiently fixed assets are generating revenue. The increase since '2023' reflects strengthening financial performance. Industry average for Department/Specialty Retail Stores in '2024' stood at 3.91. Industry average declined by 0.22 from previous year.
• In '2025', DDS's fixed asset turnover was 6.12, illustrating how efficiently fixed assets are generating revenue. The increase since '2024' reflects strengthening financial performance. Industry average for Department/Specialty Retail Stores in '2025' stood at 3.16. Industry average declined by 0.75 from previous year.
Overall, DDS's fixed asset turnover has steadily improved over the past 4 years.

Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets

Good Range: Ranges from 1 to 5 depending on asset intensity.