Dycom Industries Inc (DY)
Fixed asset turnover
| 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 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 3,327,781 |
| Property, plant and equipment | US$ in thousands | 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 | 394,516 |
| Fixed asset turnover | 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 | 8.44 |
July 27, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,420,565K ÷ $482,996K
= 9.15
Dycom Industries Inc has demonstrated a consistent and strong fixed asset turnover ratio over the past few years, indicating efficient utilization of its fixed assets to generate revenue. The fixed asset turnover ratio has been consistently above 8.0, with values ranging from 8.44 to 11.67 across the periods provided. This suggests that the company is effectively generating sales relative to its investment in fixed assets.
The trend shows a generally increasing pattern, with occasional fluctuations. The ratio peaked at 11.67 in May 1, 2021, and has generally stayed above the 10.0 mark for most of the recent periods presented. This indicates that Dycom Industries is efficiently managing its fixed assets to generate higher revenues.
Overall, Dycom Industries Inc's fixed asset turnover ratio reflects efficient asset management and effective utilization of fixed assets to drive sales growth.
Peer comparison
Jul 27, 2024