Cisco Systems Inc (CSCO)
Total asset turnover
| Jul 31, 2025 | Apr 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 56,654,000 | 55,623,000 | 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 |
| Total assets | US$ in thousands | 122,564,000 | 119,782,000 | 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 |
| Total asset turnover | 0.46 | 0.46 | 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 |
July 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $56,654,000K ÷ $122,564,000K
= 0.46
The total asset turnover ratio for Cisco Systems Inc exhibits notable fluctuations over the analyzed period. Initially, the ratio remained relatively stable around 0.56 to 0.58 from October 2022 through July 2023, indicating consistent efficiency in utilizing total assets to generate sales. The peak value of 0.60 was observed in October 2023, suggesting a temporary improvement in asset utilization during this timeframe.
Subsequently, a decline is observed, with the ratio decreasing to approximately 0.54 by January 2024 and continuing downward to approximately 0.41 by April 2024. This downward trend continues into mid-2024, reaching levels around 0.42 to 0.43. Such a decline implies a reduction in sales generated per dollar of assets, which could be indicative of diminished operational efficiency or changes in business activity levels.
Following this trough, the ratio shows a modest recovery, gradually increasing to around 0.44 by October 2024 and stabilizing near 0.46 into early 2025. This stabilization suggests some improvement or stabilization in asset utilization, although the ratio remains below the earlier levels observed in 2022 and mid-2023.
Overall, the data reflects periods of relative stability punctuated by phases of decline and modest recovery, indicating a dynamic asset utilization landscape within the company across the analyzed timeframe. The recent downward trend prior to early 2024 warrants further investigation into underlying factors such as changes in sales efficiency, asset base adjustments, or strategic shifts affecting operational performance.
Peer comparison
Jul 31, 2025