Hewlett Packard Enterprise Co (HPE)
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 | 30,127,000 | 29,020,000 | 28,312,000 | 28,081,000 | 29,135,000 | 29,655,000 | 29,604,000 | 29,344,000 | 28,496,000 | 27,979,000 | 27,925,000 | 27,912,000 | 27,784,000 | 27,638,000 | 27,557,000 | 26,866,000 | 26,982,000 | 26,989,000 | 27,390,000 | 28,531,000 |
| Property, plant and equipment | US$ in thousands | 5,664,000 | 5,738,000 | 5,817,000 | 5,997,000 | 5,989,000 | 6,089,000 | 6,013,000 | 5,990,000 | 5,784,000 | 5,626,000 | 5,508,000 | 5,498,000 | 5,613,000 | 5,510,000 | 5,480,000 | 5,573,000 | 5,625,000 | 5,709,000 | 5,588,000 | 5,711,000 |
| Fixed asset turnover | 5.32 | 5.06 | 4.87 | 4.68 | 4.86 | 4.87 | 4.92 | 4.90 | 4.93 | 4.97 | 5.07 | 5.08 | 4.95 | 5.02 | 5.03 | 4.82 | 4.80 | 4.73 | 4.90 | 5.00 |
October 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $30,127,000K ÷ $5,664,000K
= 5.32
The fixed asset turnover ratio for Hewlett Packard Enterprise Co has shown a relatively stable trend over the past years, ranging from 4.68 to 5.32. This ratio indicates the company's efficiency in generating revenue from its investment in fixed assets.
A higher fixed asset turnover ratio signifies that the company is effectively utilizing its fixed assets to generate sales. The consistent values above 4.80 suggest that Hewlett Packard Enterprise Co has been successful in efficiently utilizing its fixed assets to generate revenue.
Overall, the trend of Hewlett Packard Enterprise Co's fixed asset turnover ratio indicates a consistent and efficient operational performance in terms of utilizing its fixed assets to generate revenue.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Net Fixed Asset Turnover (Quarterly Data)