Sprinklr Inc (CXM)

Fixed asset turnover

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021
Revenue (ttm)	US$ in thousands	732,360	703,484	674,410	646,575	618,190	588,525	558,330	525,140
Property, plant and equipment	US$ in thousands	32,176	30,597	27,622	25,025	22,885	20,679	19,460	15,503	14,705	13,441	12,322
Fixed asset turnover		22.76	22.99	24.42	25.84	27.01	28.46	28.69	33.87

January 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $732,360K ÷ $32,176K
= 22.76

The fixed asset turnover ratio for Sprinklr Inc has been relatively high and stable over the past several quarters, ranging from 22.76 to 33.87. This indicates that the company is generating significant sales revenue in relation to its investment in fixed assets. A high fixed asset turnover ratio suggests that Sprinklr is effectively utilizing its fixed assets to generate sales.

The trend of increasing fixed asset turnover ratio from 22.76 in January 2024 to 33.87 in April 2022 is a positive sign, indicating that the company has been able to increase sales generated from its fixed assets over time. This trend suggests that Sprinklr has managed to improve its operational efficiency and asset utilization, resulting in higher revenue generation relative to its investment in fixed assets.

Overall, the consistent high levels of fixed asset turnover ratio for Sprinklr Inc reflect a sound operational performance and efficient management of fixed assets to drive sales growth and profitability.