Dynatrace Holdings LLC (DT)

Fixed asset turnover

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	US$ in thousands	1,470,110	1,154,900	931,945	707,409	550,303
Property, plant and equipment	US$ in thousands	53,325	53,576	45,271	36,916	31,508
Fixed asset turnover		27.57	21.56	20.59	19.16	17.47

March 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,470,110K ÷ $53,325K
= 27.57

Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investments in fixed assets. The higher the ratio, the more efficiently the company is utilizing its fixed assets to generate sales.

In the case of Dynatrace Holdings LLC, the fixed asset turnover has been on an increasing trend over the past five years. The ratio has improved from 17.47 in 2020 to 27.57 in 2024. This indicates that the company has been able to generate more revenue for each dollar invested in fixed assets.

A fixed asset turnover ratio of 27.57 in 2024 means that for every dollar invested in fixed assets, the company generated $27.57 in sales. This suggests that Dynatrace Holdings LLC has been effectively leveraging its fixed assets to drive revenue growth.

Overall, the increasing trend in the fixed asset turnover ratio for Dynatrace Holdings LLC is a positive indication of the company's efficiency in utilizing its fixed assets to generate sales. This could be attributed to improved asset utilization, operational efficiency, or effective capital allocation strategies.