CommVault Systems Inc (CVLT)

Total asset turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	995,619	943,872	898,050	865,769	839,247	819,433	797,699	784,759	784,590	787,061	794,368	784,151	769,591	754,983	740,594	733,893	723,472	696,880	685,239	681,682
Total assets	US$ in thousands	1,118,270	1,023,760	958,476	934,932	943,913	804,074	772,692	741,732	782,574	829,942	779,788	792,723	816,080	768,559	779,754	839,388	904,173	905,579	851,978	865,837
Total asset turnover		0.89	0.92	0.94	0.93	0.89	1.02	1.03	1.06	1.00	0.95	1.02	0.99	0.94	0.98	0.95	0.87	0.80	0.77	0.80	0.79

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $995,619K ÷ $1,118,270K
= 0.89

CommVault Systems Inc's total asset turnover has shown fluctuations over the period from June 30, 2020, to March 31, 2025. The total asset turnover ratio indicates how efficiently the company is generating revenue from its assets.

The trend reveals an improvement in total asset turnover from 0.79 in June 2020 to a peak of 1.06 in June 2023, suggesting that the company was generating more revenue relative to its total assets during this period. However, from June 2023 to March 2025, the total asset turnover ratio slightly decreased to around 0.89, indicating a slight decline in revenue generated per dollar of assets.

Overall, the company's total asset turnover ratio generally increased over the period, signifying an improvement in asset utilization efficiency. It is important for investors and stakeholders to monitor this ratio over time to assess the company's ability to generate revenue from its assets effectively.