Dell Technologies Inc (DELL)

Fixed asset turnover

		Aug 2, 2024	May 3, 2024	Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Revenue (ttm)	US$ in thousands	91,839,000	89,747,000	88,425,000	91,146,000	93,616,000	97,107,000	102,301,000	105,254,000	106,957,000	104,723,000	101,197,000	97,355,000	92,520,000	89,182,000	86,670,000	86,552,000	87,807,000	90,324,000	92,154,000	91,963,000
Property, plant and equipment	US$ in thousands	6,300,000	6,237,000	6,432,000	6,222,000	6,252,000	6,261,000	6,209,000	5,847,000	5,772,000	5,516,000	5,415,000	6,925,000	6,661,000	6,557,000	4,833,000	6,344,000	6,380,000	6,100,000	6,055,000	5,787,000
Fixed asset turnover		14.58	14.39	13.75	14.65	14.97	15.51	16.48	18.00	18.53	18.99	18.69	14.06	13.89	13.60	17.93	13.64	13.76	14.81	15.22	15.89

August 2, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $91,839,000K ÷ $6,300,000K
= 14.58

The fixed asset turnover ratio for Dell Technologies Inc has shown some fluctuations over the past few quarters. The ratio has generally been above 13, indicating that the company is efficiently utilizing its fixed assets to generate revenue.

In recent quarters, the fixed asset turnover ratio has been relatively stable, with some minor ups and downs. The ratio peaked at 18.99 in April 2022 and has since stayed above 13, suggesting consistent performance in effectively using its fixed assets to generate sales.

Overall, Dell Technologies Inc's fixed asset turnover ratio indicates that the company is managing its fixed assets efficiently to generate revenue. Further analysis and comparison with industry peers may provide more insights into the company's operational efficiency.