Autodesk Inc (ADSK)

Fixed asset turnover

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	US$ in thousands	6,131,000	5,440,000	5,005,000	4,386,400	3,790,400
Property, plant and equipment	US$ in thousands	—	—	144,000	467,000	609,500
Fixed asset turnover		—	—	34.76	9.39	6.22

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $6,131,000K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. Looking at the data provided for Autodesk Inc, we see a significant increase in fixed asset turnover over the years.

In January 31, 2021, the fixed asset turnover was 6.22, indicating that Autodesk generated $6.22 in revenue for every dollar invested in fixed assets. By January 31, 2022, this ratio increased to 9.39, reflecting an improvement in the efficiency of utilizing fixed assets to generate revenue.

The most notable change is seen in January 31, 2023, where the fixed asset turnover spiked to 34.76. This sharp increase suggests a substantial enhancement in Autodesk's ability to generate sales relative to its investment in fixed assets.

The data for January 31, 2024 and January 31, 2025 is not available (marked as "—"), making it challenging to analyze the trend further beyond 2023. However, based on the available information, it is evident that Autodesk has been increasingly efficient in utilizing its fixed assets to drive revenue growth over the years.