Sprinklr Inc (CXM)
Total 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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 732,360 | 703,484 | 674,410 | 646,575 | 618,190 | 588,525 | 558,330 | 525,140 |
| Total assets | US$ in thousands | 1,223,110 | 1,087,710 | 1,072,650 | 1,024,020 | 1,024,990 | 896,995 | 911,284 | 900,173 |
| Total asset turnover | 0.60 | 0.65 | 0.63 | 0.63 | 0.60 | 0.66 | 0.61 | 0.58 |
January 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $732,360K ÷ $1,223,110K
= 0.60
Total asset turnover measures how efficiently a company utilizes its assets to generate revenue. A higher total asset turnover indicates that the company is generating more revenue per dollar of assets.
In the case of Sprinklr Inc, the total asset turnover has fluctuated over the past several quarters, ranging from 0.58 to 0.66. This suggests some variability in how effectively the company is using its assets to generate revenue.
From the data provided, we can see that the total asset turnover peaked at 0.66 in October 2022 and then experienced a slight decline in subsequent quarters. The ratio then increased again to 0.65 in October 2023 before dropping to 0.60 in January 2024.
Overall, the trend indicates that Sprinklr Inc's efficiency in generating revenue from its total assets has shown some variability but has generally remained within a relatively narrow range around 0.60 to 0.66. Further analysis would be needed to determine the underlying factors driving these fluctuations and whether there are areas for improvement in asset utilization efficiency.
Peer comparison
Jan 31, 2024