Dell Technologies Inc (DELL)
Total asset turnover
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 95,567,000 | 88,425,000 | 88,425,000 | 102,301,000 | 102,301,000 |
| Total assets | US$ in thousands | 79,746,000 | 82,089,000 | 82,089,000 | 89,611,000 | 89,611,000 |
| Total asset turnover | 1.20 | 1.08 | 1.08 | 1.14 | 1.14 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $95,567,000K ÷ $79,746,000K
= 1.20
Total asset turnover is a ratio that measures a company's efficiency in generating sales revenue from its assets. For Dell Technologies Inc, the total asset turnover ratio for the fiscal years ending January 31, 2023, and February 3, 2023, was consistent at 1.14, indicating that for every dollar of assets the company had, it generated $1.14 in sales.
In the subsequent fiscal years ending January 31, 2024, and February 2, 2024, the total asset turnover ratio decreased to 1.08, suggesting a slight decline in the company's ability to efficiently utilize its assets to generate revenue.
However, in the most recent fiscal year ending January 31, 2025, Dell Technologies Inc was able to improve its total asset turnover ratio to 1.20, signaling a more effective utilization of assets to drive sales.
Overall, fluctuations in the total asset turnover ratio indicate variations in Dell Technologies Inc's asset management efficiency over the years, with the company showing a mix of stability and improvement in converting its assets into revenue.
Peer comparison
Jan 31, 2025