Autodesk Inc (ADSK)

Total 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	6,131,000	5,961,000	5,805,000	5,645,000	5,497,000	5,346,000	5,212,000	5,104,000	5,005,000	4,898,600	4,744,400	4,567,100	4,386,400	4,214,000	4,040,600	3,894,000	3,790,400	3,650,500	3,540,800	3,424,500
Total assets	US$ in thousands	10,833,000	10,133,000	9,960,000	9,830,000	9,912,000	9,226,000	9,107,000	9,069,000	9,438,000	8,635,000	8,227,000	8,261,000	8,606,800	8,531,000	7,420,600	7,298,300	7,279,800	5,944,500	5,747,300	5,543,900
Total asset turnover		0.57	0.59	0.58	0.57	0.55	0.58	0.57	0.56	0.53	0.57	0.58	0.55	0.51	0.49	0.54	0.53	0.52	0.61	0.62	0.62

January 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,131,000K ÷ $10,833,000K
= 0.57

Autodesk Inc's total asset turnover has fluctuated over the past few years, ranging from a low of 0.49 to a high of 0.62. The total asset turnover ratio measures how efficiently the company generates revenue from its assets. A ratio below 1 indicates that the company is not efficiently utilizing its assets to generate sales.

Autodesk's total asset turnover decreased from 0.62 in April 2020 to 0.52 in January 2021, which may suggest a decline in revenue generation relative to its asset base. However, the ratio improved in the following quarters, reaching 0.57 by January 2025. This improvement indicates that Autodesk has been able to enhance its efficiency in generating sales from its assets.

Overall, Autodesk Inc's total asset turnover has shown variability but has generally trended upwards, reflecting potential improvements in the company's asset utilization and revenue generation capabilities.