Dynatrace Holdings LLC (DT)

Fixed asset turnover

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Revenue (ttm)	US$ in thousands	1,470,114	1,392,717	1,314,472	1,233,589	1,160,830	1,098,940	1,042,450	989,478	931,945	875,864	818,209	761,041	707,409	665,482	624,869	584,561	550,403
Property, plant and equipment	US$ in thousands	53,325	49,408	46,946	54,382	53,576	50,528	45,717	45,782	45,271	41,984	40,197	37,841	36,916	35,384	33,920	33,673	31,508	28,030	24,664	20,282
Fixed asset turnover		27.57	28.19	28.00	22.68	21.67	21.75	22.80	21.61	20.59	20.86	20.35	20.11	19.16	18.81	18.42	17.36	17.47

March 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,470,114K ÷ $53,325K
= 27.57

The fixed asset turnover ratio for Dynatrace Holdings LLC has shown a generally increasing trend over the last few quarters. The ratio measures the company's ability to generate sales from its investment in fixed assets. A higher fixed asset turnover ratio indicates that the company is efficiently utilizing its fixed assets to generate revenue.

In the most recent quarter, the fixed asset turnover ratio was 27.57, which means that for every dollar invested in fixed assets, the company generated approximately $27.57 in sales. This high ratio suggests that Dynatrace is effectively utilizing its fixed assets to generate revenue.

Overall, the increasing trend in the fixed asset turnover ratio indicates that Dynatrace Holdings LLC is making efficient use of its fixed assets to generate revenue and has been improving its operational efficiency over time.