Agilysys Inc (AGYS)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 275,624 | 237,464 | 198,065 | 162,636 | 137,176 |
| Property, plant and equipment | US$ in thousands | — | — | 14,576 | 16,234 | 20,999 |
| Fixed asset turnover | — | — | 13.59 | 10.02 | 6.53 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $275,624K ÷ $—K
= —
Agilysys Inc's fixed asset turnover has shown a positive trend over the past few years. The ratio increased from 6.53 in March 2021 to 10.02 in March 2022 and further improved to 13.59 in March 2023. This indicates that the company has been able to generate more revenue from its fixed assets in a given period, showcasing improved efficiency in asset utilization. Additionally, the significant increase in the fixed asset turnover ratio suggests that Agilysys Inc has been successful in managing its fixed assets effectively to drive revenue growth. However, the data for March 31, 2024, and March 31, 2025, is not available, so it is essential to monitor future trends to assess the continued effectiveness of the company's asset management strategies.
Peer comparison
Mar 31, 2025