CommVault Systems Inc (CVLT)
Total 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 |
| Total assets | US$ in thousands | 1,118,270 | 943,913 | 782,574 | 816,080 | 904,173 |
| Total asset turnover | 0.89 | 0.89 | 1.00 | 0.94 | 0.80 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $995,619K ÷ $1,118,270K
= 0.89
CommVault Systems Inc's total asset turnover has displayed varying trends over the years, as evidenced by the data provided. The ratio increased from 0.80 on March 31, 2021, to 1.00 on March 31, 2023, indicating that the company generated $1.00 in sales for every $1.00 of total assets during that period. This suggests an improvement in efficiency in utilizing its assets to generate revenue.
However, there was a slight decline in total asset turnover to 0.89 by March 31, 2024 and also on March 31, 2025. This may be indicative of challenges in efficiently utilizing assets to generate revenue during these periods.
Overall, although there have been fluctuations in CommVault Systems Inc's total asset turnover, it is important for the company to continue monitoring and managing its asset utilization effectively to drive sustained revenue growth and operational efficiency in the future.
Peer comparison
Mar 31, 2025