Dycom Industries Inc (DY)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,769,880 | 4,175,570 | 4,151,320 | 3,808,460 | 3,784,600 |
| Property, plant and equipment | US$ in thousands | — | — | 444,909 | 435,092 | 367,852 |
| Fixed asset turnover | — | — | 9.33 | 8.75 | 10.29 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,769,880K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently Dycom Industries Inc generates revenue from its fixed assets. Looking at the data provided, we see a fluctuation in the fixed asset turnover ratio over the years.
On January 28, 2023, the fixed asset turnover ratio was 10.29, indicating that Dycom generated $10.29 in sales for every dollar invested in fixed assets. This high ratio suggests strong efficiency in the utilization of fixed assets to drive revenue.
By January 31, 2023, the fixed asset turnover ratio decreased to 8.75, which could signify a potential decline in the efficiency of utilizing fixed assets to generate sales compared to the previous period.
On January 27, 2024, there was an improvement in the fixed asset turnover ratio to 9.33. This indicates that Dycom managed to enhance its efficiency in utilizing fixed assets to generate revenue.
However, for the subsequent periods of January 31, 2024 and January 31, 2025, the specific fixed asset turnover ratios were not provided (represented as '—'). This lack of data for those periods prevents us from assessing the company's efficiency in utilizing fixed assets for revenue generation during those years.
In conclusion, the fixed asset turnover ratio for Dycom Industries Inc has shown varying levels of efficiency in recent years, with improvements and declines observed. It would be beneficial to have data for all periods to understand the trend better and evaluate the company's overall performance in managing its fixed assets.
Peer comparison
Jan 31, 2025