Dycom Industries Inc (DY)
Fixed asset turnover
| Oct 26, 2024 | Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,552,805 | 4,420,565 | 4,261,785 | 4,161,715 | 4,126,726 | 4,033,176 | 3,962,749 | 3,793,400 | 3,637,415 | 3,445,701 | 3,258,566 | 3,113,492 | 3,102,676 | 3,066,967 | 3,106,716 | 3,196,146 | 3,183,084 | 3,245,806 | 3,304,189 | 3,316,765 |
| Property, plant and equipment | US$ in thousands | 514,858 | 482,996 | 458,197 | 444,909 | 430,739 | 393,233 | 374,415 | 367,852 | 337,175 | 312,805 | 299,005 | 294,798 | 284,246 | 276,659 | 273,503 | 273,960 | 288,292 | 315,604 | 350,452 | 376,610 |
| Fixed asset turnover | 8.84 | 9.15 | 9.30 | 9.35 | 9.58 | 10.26 | 10.58 | 10.31 | 10.79 | 11.02 | 10.90 | 10.56 | 10.92 | 11.09 | 11.36 | 11.67 | 11.04 | 10.28 | 9.43 | 8.81 |
October 26, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,552,805K ÷ $514,858K
= 8.84
The fixed asset turnover ratio for Dycom Industries Inc has shown a generally increasing trend over the past few years, indicating improved efficiency in generating sales from its fixed assets. The ratio has consistently been above 8.0, ranging from 8.81 to 11.67 in the past 20 quarters.
The increasing trend suggests that Dycom Industries has been effectively utilizing its fixed assets to generate sales revenue. A higher fixed asset turnover ratio signifies that the company is generating more sales per dollar of investment in fixed assets, which is a positive indicator of operational efficiency.
Overall, the consistent increase in fixed asset turnover ratio reflects Dycom Industries' ability to efficiently utilize its fixed assets to drive revenue growth and maximize returns for its shareholders.
Peer comparison
Oct 26, 2024