Dynatrace Holdings LLC (DT)

Total 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
Total assets	US$ in thousands	3,409,780	2,765,350	2,541,310	2,256,220	2,046,880
Total asset turnover		0.43	0.42	0.37	0.31	0.27

March 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,470,110K ÷ $3,409,780K
= 0.43

The total asset turnover of Dynatrace Holdings LLC has been gradually increasing over the past five years, indicating an improvement in the company's ability to generate sales from its total assets.

From March 31, 2020, to March 31, 2024, the total asset turnover ratio has increased from 0.27 to 0.43, showing a positive trend. This signifies that for every dollar of assets held by the company, they are generating $0.43 in sales revenue in 2024, compared to $0.27 in 2020.

The rising trend in total asset turnover suggests that Dynatrace Holdings LLC has been more efficient in utilizing its assets to generate revenue over the years. This improvement may be attributed to better operational efficiency, effective asset management, or increased sales volume. Overall, the increasing total asset turnover ratio is a positive indication of the company's improving asset utilization and operational performance.