Dynatrace Holdings LLC (DT)

Total 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
Total assets	US$ in thousands	3,409,780	2,999,210	2,782,160	2,727,310	2,765,350	2,413,880	2,421,980	2,430,650	2,541,310	2,397,760	2,242,900	2,214,100	2,256,220	2,166,560	2,056,160	2,046,830	2,046,880	1,988,310	1,932,820	1,775,580
Total asset turnover		0.43	0.46	0.47	0.45	0.42	0.46	0.43	0.41	0.37	0.37	0.36	0.34	0.31	0.31	0.30	0.29	0.27

March 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,470,114K ÷ $3,409,780K
= 0.43

Dynatrace Holdings LLC's total asset turnover has shown some fluctuation over the past few quarters. From December 2019 to March 2020, the total asset turnover increased steadily from 0.27 to 0.43, indicating an improvement in how efficiently the company is utilizing its assets to generate revenue. However, there was a slight decrease in the total asset turnover in the subsequent quarters.

Despite the fluctuations, the total asset turnover generally remained in the range of 0.30 to 0.47, suggesting that Dynatrace Holdings LLC is effectively generating revenue relative to its total assets. It is important to monitor this ratio over time to assess the company's ability to efficiently convert its investments in assets into sales.