Dell Technologies Inc (DELL)
Total 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 |
| Total assets | US$ in thousands | 82,687,000 | 80,190,000 | 82,089,000 | 83,264,000 | 85,658,000 | 84,094,000 | 89,611,000 | 85,172,000 | 88,775,000 | 88,406,000 | 92,735,000 | 135,677,000 | 122,678,000 | 121,752,000 | 123,415,000 | 118,948,000 | 121,276,000 | 120,236,000 | 118,861,000 | 116,814,000 |
| Total asset turnover | 1.11 | 1.12 | 1.08 | 1.09 | 1.09 | 1.15 | 1.14 | 1.24 | 1.20 | 1.18 | 1.09 | 0.72 | 0.75 | 0.73 | 0.70 | 0.73 | 0.72 | 0.75 | 0.78 | 0.79 |
August 2, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $91,839,000K ÷ $82,687,000K
= 1.11
Dell Technologies Inc's total asset turnover ratio has exhibited fluctuations over the past few quarters. The ratio ranged from a low of 0.70 in January 2021 to a high of 1.24 in October 2022. Overall, the company's performance in terms of utilizing its assets to generate sales revenue has been somewhat inconsistent.
In recent quarters, the total asset turnover ratio has generally been above 1, indicating that Dell is generating more revenue per dollar of assets. This may suggest efficient asset utilization and effective management of resources. However, it is important to note that the ratio dipped below 1 in the first and fourth quarters of 2021, which could be a cause for concern as it may indicate potential inefficiencies in asset management during those periods.
Overall, while Dell's total asset turnover has shown both strengths and weaknesses in different quarters, it is important for the company to maintain a consistent focus on optimizing asset utilization to drive sales and profitability in the long term.
Peer comparison
Aug 2, 2024