Cisco Systems Inc (CSCO)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 55,724,000 | 54,435,000 | 52,960,000 | 52,109,000 | 50,539,000 | 52,505,000 | 54,704,000 | 57,116,000 | 59,550,000 | 59,453,000 | 59,379,000 | 57,768,000 | 56,170,000 | 55,231,000 | 54,303,000 | 53,813,000 | 53,334,000 | 52,537,000 | 51,694,000 | 51,287,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | 2,090,000 | — | 2,000,000 | — | 2,005,000 | 2,004,000 | 2,004,000 | 2,085,000 | 2,085,000 | 2,047,000 | 2,047,000 | 1,964,000 | 1,964,000 | 1,972,000 | 1,972,000 | 1,997,000 | 1,997,000 |
| Fixed asset turnover | — | — | — | 24.93 | — | 26.25 | — | 28.49 | 29.72 | 29.67 | 28.48 | 27.71 | 27.44 | 26.98 | 27.65 | 27.40 | 27.05 | 26.64 | 25.89 | 25.68 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $55,724,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company generates sales revenue from its fixed assets. For Cisco Systems Inc, the fixed asset turnover ratio has shown a general increasing trend over the past few quarters, indicating an improvement in the company's efficiency in utilizing its fixed assets to generate revenue.
From July 30, 2022, to July 31, 2023, the fixed asset turnover ratio increased steadily from 25.68 to 28.48, reaching its highest point in July 31, 2023. This suggests that Cisco was able to generate more sales revenue per dollar of fixed assets invested during this period.
However, there was a slight decline in the fixed asset turnover ratio in the subsequent quarters, with the ratio hovering around 28.49 in January 27, 2024, and then encountering a decrease to 26.25 in April 27, 2024. It is worth noting that there is missing data for the following quarters up to January 31, 2025, which makes it challenging to ascertain the trend beyond April 27, 2024.
Overall, the increasing trend in the fixed asset turnover ratio for Cisco Systems Inc reflects positively on the company's efficiency in utilizing its fixed assets to drive sales revenue. An analyst should continue to monitor the ratio in subsequent quarters to assess any changes in the company's asset efficiency and profitability.
Peer comparison
Jan 31, 2025