Cisco Systems Inc (CSCO)
Total 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 |
Total assets | US$ in thousands | 121,375,000 | 123,333,000 | 124,413,000 | 124,413,000 | 122,998,000 | 122,998,000 | 101,174,000 | 101,174,000 | 98,782,000 | 98,782,000 | 101,852,000 | 101,852,000 | 97,529,000 | 97,529,000 | 95,840,000 | 95,840,000 | 93,054,000 | 93,054,000 | 94,002,000 | 94,002,000 |
Total asset turnover | 0.46 | 0.44 | 0.43 | 0.42 | 0.41 | 0.43 | 0.54 | 0.56 | 0.60 | 0.60 | 0.58 | 0.57 | 0.58 | 0.57 | 0.57 | 0.56 | 0.57 | 0.56 | 0.55 | 0.55 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $55,724,000K ÷ $121,375,000K
= 0.46
The total asset turnover of Cisco Systems Inc has shown some fluctuations over the periods provided in the data. The ratio indicates the efficiency with which the company is generating sales revenue from its total assets.
From July 2022 to October 2023, the total asset turnover gradually increased from 0.55 to 0.60, suggesting an improvement in asset utilization during this period. This could mean that Cisco was able to generate more revenue per dollar of assets invested.
However, from January 2024 to July 2024, there was a significant decline in the total asset turnover, dropping to as low as 0.41 in April 2024. This decline may indicate potential inefficiencies in asset management or a decrease in sales relative to the size of the asset base.
By the end of the period in January 2025, the total asset turnover had slightly recovered to 0.46. It is essential for Cisco to continue monitoring this ratio to ensure effective utilization of its assets and make necessary adjustments to improve operational efficiency.
Peer comparison
Jan 31, 2025