Electronic Arts Inc (EA)
Fixed asset turnover
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,562,000 | 7,426,000 | 6,991,000 | 5,629,000 | 5,537,000 |
| Property, plant and equipment | US$ in thousands | 578,000 | 549,000 | 550,000 | 491,000 | 449,000 |
| Fixed asset turnover | 13.08 | 13.53 | 12.71 | 11.46 | 12.33 |
March 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,562,000K ÷ $578,000K
= 13.08
Fixed asset turnover is a key ratio that measures a company's ability to generate revenue from its fixed assets. Electronic Arts Inc's fixed asset turnover ratio has been consistently high over the past five years, ranging from 11.46 to 13.53. This indicates that the company is efficiently utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio suggests that the company is effectively managing its assets to generate sales. Electronic Arts Inc's ability to consistently maintain a high fixed asset turnover ratio reflects positively on its operational efficiency and asset utilization.
Peer comparison
Mar 31, 2024