DXC Technology Co (DXC)

Total asset turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Revenue (ttm) US$ in thousands 12,871,000 13,088,000 13,262,000 13,457,000 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
Total assets US$ in thousands 13,205,000 13,033,000 13,504,000 13,353,000 13,871,000 14,892,000 14,709,000 15,293,000 15,845,000 18,254,000 17,737,000 18,647,000 20,139,000 19,953,000 20,115,000 20,867,000 22,038,000 23,634,000 25,670,000 27,894,000
Total asset turnover 0.97 1.00 0.98 1.01 0.99 0.93 0.95 0.93 0.91 0.81 0.87 0.85 0.81 0.83 0.84 0.83 0.80 0.77 0.74 0.69

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $12,871,000K ÷ $13,205,000K
= 0.97

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its assets. For DXC Technology Co, the total asset turnover has shown an increasing trend over the past few years, starting at 0.69 on June 30, 2020, and reaching 0.97 on March 31, 2025.

This indicates that DXC Technology Co has been able to effectively utilize its assets to generate sales revenue. A higher total asset turnover ratio generally suggests better efficiency in asset utilization. The company's ratio fluctuated over the years, with some peaks and troughs, but overall demonstrates a positive trend.

A total asset turnover ratio above 1.0 may indicate that the company is highly efficient in generating sales from its assets, and DXC Technology Co has approached this level towards the end of the period. However, it is important to consider industry norms and compare the ratio with competitors for a more comprehensive analysis of the company's asset efficiency.