Dycom Industries Inc (DY)
Total 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 |
| Total assets | US$ in thousands | 2,945,370 | 2,516,880 | 2,516,880 | 2,313,250 | 2,313,250 |
| Total asset turnover | 1.28 | 1.66 | 1.65 | 1.65 | 1.64 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,769,880K ÷ $2,945,370K
= 1.28
The total asset turnover of Dycom Industries Inc has remained relatively stable over the past few years, ranging from 1.64 to 1.66. This ratio indicates that, on average, the company generates around $1.64 to $1.66 in revenue for every dollar of total assets it holds. However, there was a decrease in the total asset turnover in January 31, 2025, dropping to 1.28. This could suggest a potential inefficiency in asset utilization or a decline in sales relative to its assets for that particular period. Further examination of the company's operations and financial performance during that time frame may be warranted to understand the factors contributing to this decline.
Peer comparison
Jan 31, 2025