Extreme Networks Inc (EXTR)

Fixed asset turnover

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	US$ in thousands	1,140,070	1,117,200	1,312,450	1,112,320	1,009,420
Property, plant and equipment	US$ in thousands	—	—	46,448	86,032	91,931
Fixed asset turnover		—	—	28.26	12.93	10.98

June 30, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,140,070K ÷ $—K
= —

The fixed asset turnover ratio for Extreme Networks Inc. demonstrates a notable upward trajectory over the period from June 30, 2021, to June 30, 2023. Specifically, the ratio increased from 10.98 in 2021 to 12.93 in 2022, indicating improved efficiency in utilizing fixed assets to generate sales. The subsequent year, 2023, exhibits a substantial rise to 28.26, more than doubling the prior year's figure, suggestive of significantly enhanced fixed asset efficiency or a considerable increase in sales relative to the fixed asset base.

This sharp increase may reflect operational improvements, asset redeployments, or sales growth outpacing capital investments in fixed assets during this period. The data for June 30, 2024, and June 30, 2025, are not available, leaving the trend beyond 2023 unconfirmed. Nonetheless, the observed escalation in the fixed asset turnover ratio up to 2023 indicates a trend toward greater asset efficiency in driving sales, which could be viewed positively from an operational standpoint.