Dycom Industries Inc (DY)
Total 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 |
| Total assets | US$ in thousands | 2,779,400 | 2,611,610 | 2,516,880 | 2,664,160 | 2,395,600 | 2,311,720 | 2,313,250 | 2,305,300 | 2,206,370 | 2,132,110 | 2,118,220 | 2,204,700 | 2,241,850 | 2,263,020 | 1,944,160 | 2,065,060 | 2,144,690 | 2,812,860 | 2,217,630 | 2,395,580 |
| Total asset turnover | 1.59 | 1.63 | 1.65 | 1.55 | 1.68 | 1.71 | 1.64 | 1.58 | 1.56 | 1.53 | 1.47 | 1.41 | 1.37 | 1.37 | 1.64 | 1.54 | 1.51 | 1.17 | 1.50 | 1.39 |
July 27, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,420,565K ÷ $2,779,400K
= 1.59
The total asset turnover ratio for Dycom Industries Inc has shown varying levels over the past few years, ranging from 1.17 to 1.71. This ratio indicates the company's efficiency in generating sales revenue from its total assets. A higher ratio suggests that the company is utilizing its assets effectively to generate sales.
Looking at the trend, there is some fluctuation in the total asset turnover ratio, with peaks at 1.71 and 1.68 in Apr 29, 2023, and Jul 29, 2023, respectively. These higher ratios indicate that Dycom Industries Inc was more efficient in generating sales relative to its total assets during those periods.
However, there are also instances of lower ratios, such as 1.37 in May 1, 2021, and 1.17 in Oct 26, 2019, which may suggest a decrease in asset utilization efficiency during those time frames.
Overall, while the total asset turnover ratio for Dycom Industries Inc has fluctuated over the periods analyzed, the company generally appears to be effectively leveraging its total assets to generate sales revenue, albeit with some variability in efficiency.
Peer comparison
Jul 27, 2024