Sprinklr Inc (CXM)

Total asset turnover

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	US$ in thousands	796,394	732,360	618,190	492,394	386,930
Total assets	US$ in thousands	1,184,200	1,223,110	1,024,990	920,046	585,893
Total asset turnover		0.67	0.60	0.60	0.54	0.66

January 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $796,394K ÷ $1,184,200K
= 0.67

Sprinklr Inc's total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate revenue. The trend of total asset turnover over the past five years shows fluctuation.

In January 31, 2021, Sprinklr had a total asset turnover of 0.66, which means that for every dollar of assets the company had, it generated $0.66 in revenue. However, this ratio decreased to 0.54 by January 31, 2022, indicating a decline in asset efficiency in generating revenue.

Subsequently, there was a slight improvement in the total asset turnover ratio to 0.60 by January 31, 2023 and maintained at the same level by January 31, 2024. This suggests that the company was able to slightly increase its revenue generation compared to its assets during these years.

By January 31, 2025, the total asset turnover ratio increased to 0.67, surpassing the initial ratio in 2021. This improvement indicates that Sprinklr effectively utilized its assets to generate revenue, signaling a positive trend towards asset efficiency.

Overall, fluctuation in total asset turnover ratios over the years may indicate changes in the company's operational efficiency and management of its assets. A higher ratio implies more efficient asset utilization, whereas a lower ratio may indicate potential inefficiencies that could be further explored and addressed.