Crowdstrike Holdings Inc (CRWD)

Total 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
Total assets	US$ in thousands	6,841,980	6,646,520	5,831,060	5,520,460	5,137,860	5,026,540	4,469,440	4,154,240	3,835,840	3,618,380	3,299,620	3,136,040	2,881,170	2,732,530	1,749,510	1,616,950	1,519,400	1,404,910	1,256,050	1,171,590
Total asset turnover		0.50	0.48	0.51	0.50	0.49	0.45	0.45	0.44	0.42	0.40	0.39	0.36	0.35	0.32	0.44	0.41	0.38	0.35

April 30, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,429,271K ÷ $6,841,980K
= 0.50

Crowdstrike Holdings Inc's total asset turnover has shown a generally increasing trend over the past five years, with the ratio improving from 0.32 in January 2021 to 0.50 in April 2024. This indicates that the company has been more effective in generating sales revenue relative to its total assets during this period. The upward trend in total asset turnover suggests that Crowdstrike Holdings Inc has been managing its assets more efficiently, potentially through better asset utilization or sales growth strategies. Overall, the increasing total asset turnover ratio reflects positively on the company's operational performance and efficiency in utilizing its assets to generate revenue.