Dycom Industries Inc (DY)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,557,750 | 4,668,830 | 4,803,840 | 4,683,070 | 4,432,465 | 4,189,320 | 4,183,010 | 4,171,540 | 4,260,625 | 4,344,990 | 4,254,350 | 4,165,750 | 4,041,676 | 3,922,322 | 3,919,272 | 3,914,322 | 3,969,129 | 4,018,056 | 3,851,936 | 3,576,447 |
| Total assets | US$ in thousands | 2,945,370 | 3,114,700 | 3,114,700 | 2,779,400 | 2,779,400 | 2,611,610 | 2,611,610 | 2,516,880 | 2,516,880 | 2,664,160 | 2,664,160 | 2,395,600 | 2,395,600 | 2,311,720 | 2,311,720 | 2,313,250 | 2,313,250 | 2,305,300 | 2,305,300 | 2,206,370 |
| Total asset turnover | 1.55 | 1.50 | 1.54 | 1.68 | 1.59 | 1.60 | 1.60 | 1.66 | 1.69 | 1.63 | 1.60 | 1.74 | 1.69 | 1.70 | 1.70 | 1.69 | 1.72 | 1.74 | 1.67 | 1.62 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,557,750K ÷ $2,945,370K
= 1.55
The total asset turnover of Dycom Industries Inc has fluctuated over the given period, ranging from 1.50 to 1.74. Total asset turnover indicates the company's efficiency in generating sales from its assets. A higher total asset turnover generally implies that the company is utilizing its assets more efficiently to generate revenue.
In this case, we observe that the total asset turnover has varied between 1.50 and 1.74, showing some inconsistency in the company's ability to generate sales from its assets. It peaked at 1.74 in July 31, 2023, reflecting increased efficiency in asset utilization. However, it decreased to 1.50 in October 31, 2024, indicating a potential decline in asset productivity.
Overall, it is important for Dycom Industries Inc to closely monitor and enhance its asset turnover to ensure optimal utilization of assets in generating revenue. Further analysis would be needed to understand the factors contributing to the fluctuations in total asset turnover within the specified period.
Peer comparison
Jan 31, 2025