CommVault Systems Inc (CVLT)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 995,619 | 839,247 | 784,590 | 769,591 | 723,472 |
| Property, plant and equipment | US$ in thousands | — | — | 8,287 | 106,513 | 112,779 |
| Fixed asset turnover | — | — | 94.68 | 7.23 | 6.41 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $995,619K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate revenue relative to its investment in fixed assets. Analyzing CommVault Systems Inc's fixed asset turnover over the past five years reveals a significant increase in efficiency.
As of March 31, 2021, the fixed asset turnover stood at 6.41, indicating that the company generated $6.41 in revenue for every dollar invested in fixed assets. This ratio improved to 7.23 by March 31, 2022, showing enhanced utilization of fixed assets to drive revenue.
The most notable change occurred by March 31, 2023, with the fixed asset turnover surging to 94.68. This exceptional increase suggests a substantial improvement in asset efficiency or a significant boost in revenue generated per fixed asset dollar invested.
Unfortunately, data for March 31, 2024, and March 31, 2025, is not available (denoted as "—"), limiting a comprehensive analysis for those years. However, the trend until 2023 reflects a strong ability by CommVault Systems Inc to leverage its fixed assets effectively to drive revenue growth over the period under review.
Overall, the significant fluctuations in the fixed asset turnover ratio highlight the importance of monitoring efficiency in utilizing fixed assets to drive revenue generation for CommVault Systems Inc.
Peer comparison
Mar 31, 2025