Gen Digital Inc. (GEN)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,935,000 | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 |
| Property, plant and equipment | US$ in thousands | — | — | 76,000 | 134,000 | 154,000 |
| Fixed asset turnover | — | — | 43.92 | 20.87 | 16.56 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,935,000K ÷ $—K
= —
The fixed asset turnover ratio for Gen Digital Inc. has shown a consistent increasing trend over the years, indicating a more efficient utilization of the company's fixed assets to generate sales revenue.
In March 31, 2021, the fixed asset turnover ratio was 16.56, which improved significantly to 20.87 by March 31, 2022. This shows that for each dollar invested in fixed assets, the company generated $20.87 in sales revenue during the fiscal year 2022.
The trend continued to improve further in March 31, 2023, with a fixed asset turnover ratio of 43.92, indicating a substantial increase in the company's efficiency in generating sales from its fixed assets.
However, the data for March 31, 2024 and March 31, 2025 is not available (indicated by "—"), which makes it challenging to assess the company's performance in those years. It is important for the company to provide complete and updated financial information for a more accurate analysis of its fixed asset turnover ratio.
Overall, the increasing trend in the fixed asset turnover ratio up to 2023 suggests that Gen Digital Inc. has been effectively managing its fixed assets to drive sales growth.
Peer comparison
Mar 31, 2025