Crowdstrike Holdings Inc (CRWD)

Fixed asset turnover

		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	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Revenue (ttm)	US$ in thousands	3,429,271	3,178,729	2,966,662	2,737,858	2,504,856	2,269,678	2,028,414	1,813,069	1,617,445	1,434,303	1,272,201	1,130,120	996,723	877,164	766,163	659,983	570,430	489,971
Property, plant and equipment	US$ in thousands	627,381	620,172	581,037	561,587	523,721	492,335	430,030	383,012	316,309	260,577	242,224	215,832	191,310	167,014	162,371	153,303	139,096	136,078	129,504	107,989
Fixed asset turnover		5.47	5.13	5.11	4.88	4.78	4.61	4.72	4.73	5.11	5.50	5.25	5.24	5.21	5.25	4.72	4.31	4.10	3.60

April 30, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,429,271K ÷ $627,381K
= 5.47

Crowdstrike Holdings Inc's fixed asset turnover has been relatively stable over the past quarters, ranging from 3.60 to 5.50. The fixed asset turnover ratio measures how efficiently the company generates revenue from its fixed assets. A higher ratio indicates effective asset utilization. In this case, the company has shown consistently strong performance in using its fixed assets to generate revenue. The trend indicates that Crowdstrike has been effectively managing and utilizing its fixed assets to drive revenue growth. It is important to monitor this ratio over time to ensure the company continues to effectively utilize its fixed assets.