Guidewire Software Inc (GWRE)

Fixed asset turnover

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020
Revenue (ttm) US$ in thousands 1,039,477 982,300 952,197 919,218 910,947 898,831 870,547 857,475 826,697 794,619 779,718 746,444 722,096 726,143 740,463 744,838 738,408 725,792 694,239 693,064
Property, plant and equipment US$ in thousands 55,215 55,409 55,025 55,109 55,280 54,499 53,595 78,544 79,040 80,740 80,079 81,692 82,774 80,061 76,681 73,130 67,416 65,235 65,461 66,673
Fixed asset turnover 18.83 17.73 17.30 16.68 16.48 16.49 16.24 10.92 10.46 9.84 9.74 9.14 8.72 9.07 9.66 10.19 10.95 11.13 10.61 10.39

October 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,039,477K ÷ $55,215K
= 18.83

Guidewire Software Inc's fixed asset turnover ratio has shown fluctuations over the given period, starting at a high of around 10.39 in January 2020 and experiencing a gradual increase before peaking at 18.83 by October 2024. The ratio signifies the company's efficiency in generating revenue from its investment in fixed assets.

The general trend shows an initial rise in fixed asset turnover, indicating improved efficiency in the utilization of fixed assets to generate revenue. However, there was a declining trend from January 2023 to October 2023, which was followed by a significant increase in the ratio from April 2023 to October 2024. This increase suggests that Guidewire Software Inc has become more efficient in generating revenue from its fixed assets during this period.

Overall, the analysis of Guidewire Software Inc's fixed asset turnover ratio indicates fluctuations but shows an improvement in the company's efficiency in utilizing its fixed assets to generate sales revenue, with a notable peak achieved by the end of the period.