Box Inc (BOX)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,090,130 | 1,037,740 | 990,874 | 874,332 | 770,770 |
| Property, plant and equipment | US$ in thousands | — | — | 201,144 | 278,563 | 354,401 |
| Fixed asset turnover | — | — | 4.93 | 3.14 | 2.17 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,090,130K ÷ $—K
= —
The fixed asset turnover ratio for Box Inc has shown significant improvement over the years. As of January 31, 2021, the ratio stood at 2.17, indicating that the company generated $2.17 in revenue for every dollar invested in fixed assets.
Subsequently, the ratio increased to 3.14 by January 31, 2022, reflecting an enhanced efficiency in utilizing its fixed assets to generate revenue. This trend continued in the following years, with the ratio reaching 4.93 by January 31, 2023, demonstrating a substantial increase in productivity and effectiveness in leveraging fixed assets.
However, for the years January 31, 2024 and 2025, the data is not available (represented as "—"), making it challenging to assess the trend during these periods. It would be important to gather additional information to understand the company's performance in those years.
Overall, the increasing trend in the fixed asset turnover ratio for Box Inc signifies improved asset utilization and operational efficiency, which can potentially lead to enhanced profitability and value creation for the company.
Peer comparison
Jan 31, 2025