Dell Technologies Inc (DELL)
Fixed asset turnover
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 88,425,000 | 102,301,000 | 101,197,000 | 86,670,000 | 84,815,000 |
| Property, plant and equipment | US$ in thousands | 6,432,000 | 6,209,000 | 5,415,000 | 4,833,000 | 6,055,000 |
| Fixed asset turnover | 13.75 | 16.48 | 18.69 | 17.93 | 14.01 |
February 2, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $88,425,000K ÷ $6,432,000K
= 13.75
Dell Technologies Inc's fixed asset turnover has shown a decreasing trend over the past five years. In the most recent fiscal year ending February 2, 2024, the fixed asset turnover ratio was 13.75, indicating that the company generated $13.75 in revenue for every $1 invested in fixed assets. This represents a decline from the previous year's ratio of 16.48.
Although the fixed asset turnover ratio has decreased, Dell Technologies Inc's efficiency in utilizing its fixed assets to generate revenue remains relatively high compared to prior years. The trend suggests that the company may be leveraging its fixed assets more effectively to drive sales. Further analysis of the company's operational efficiency and capital expenditure strategies would provide additional insights into the underlying factors influencing this trend.
Peer comparison
Feb 2, 2024