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.
Peer comparison
Oct 31, 2024