Autodesk Inc (ADSK)
Total 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 |
| Total assets | US$ in thousands | 10,833,000 | 9,912,000 | 9,438,000 | 8,606,800 | 7,279,800 |
| Total asset turnover | 0.57 | 0.55 | 0.53 | 0.51 | 0.52 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $6,131,000K ÷ $10,833,000K
= 0.57
Autodesk Inc's total asset turnover ratio has shown a fluctuating trend over the years. The ratio was 0.52 as of January 31, 2021, slightly decreased to 0.51 by January 31, 2022, then increased to 0.53 by January 31, 2023. Subsequently, the ratio further improved to 0.55 as of January 31, 2024, and reached its highest point at 0.57 by January 31, 2025. This indicates that the company is generating more revenue relative to its total assets, reflecting increasing efficiency in asset utilization. Overall, the upward trend in total asset turnover suggests that Autodesk Inc has been effectively leveraging its assets to generate revenue over the specified period.
Peer comparison
Jan 31, 2025