DXC Technology Co (DXC)
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 | 13,667,000 | 13,872,000 | 14,039,000 | 14,169,000 | 14,430,000 | 14,847,000 | 15,370,000 | 15,831,000 | 16,265,000 | 16,642,000 | 16,841,000 | 17,368,000 | 17,729,000 | 18,159,000 | 18,892,000 | 19,189,000 | 19,577,000 | 20,042,000 | 20,199,000 | 20,361,000 |
| Property, plant and equipment | US$ in thousands | 1,407,000 | 1,488,000 | 1,483,000 | 1,552,000 | 1,555,000 | 1,582,000 | 1,565,000 | 1,678,000 | 1,810,000 | 1,842,000 | 1,955,000 | 2,006,000 | 2,112,000 | 2,350,000 | 2,319,000 | 2,366,000 | 2,327,000 | 5,115,000 | 3,555,000 | 3,628,000 |
| Fixed asset turnover | 9.71 | 9.32 | 9.47 | 9.13 | 9.28 | 9.38 | 9.82 | 9.43 | 8.99 | 9.03 | 8.61 | 8.66 | 8.39 | 7.73 | 8.15 | 8.11 | 8.41 | 3.92 | 5.68 | 5.61 |
March 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $13,667,000K ÷ $1,407,000K
= 9.71
The fixed asset turnover ratio for DXC Technology Co has shown some variability over the past few quarters, ranging from a low of 3.92 to a high of 9.82. This ratio indicates how efficiently the company is generating revenue from its fixed assets. A higher fixed asset turnover ratio generally signifies that the company is utilizing its fixed assets effectively to generate sales.
From the data provided, we can observe that the fixed asset turnover ratio has generally been above 8 in recent quarters, indicating that DXC Technology Co has been efficient in generating revenue from its fixed assets. The relatively high and stable ratios suggest that the company is effectively utilizing its fixed assets to support its revenue generation activities.
It is important to note that the fixed asset turnover ratio can be influenced by various factors, including changes in asset base, sales volumes, and asset utilization levels. Therefore, continuous monitoring and analysis of this metric can provide insights into the efficiency of DXC Technology Co's asset management and operational performance over time.
Peer comparison
Mar 31, 2024