NetApp Inc (NTAP)
Fixed asset turnover
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,572,000 | 6,507,000 | 6,518,000 | 6,466,000 | 6,514,000 | 6,409,000 | 6,304,000 | 6,130,000 | 5,957,000 | 5,976,000 | 5,994,000 | 6,088,000 | 6,182,000 | 6,264,000 | 6,345,000 | 6,411,000 | 6,475,000 | 6,494,000 | 6,510,000 | 6,532,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 604,000 | — | 607,000 | — | 623,000 | 911,000 | 641,000 | 650,000 | 650,000 | 667,000 | 667,000 | 661,000 | 661,000 | 622,000 | 622,000 |
| Fixed asset turnover | — | — | — | — | — | 10.61 | — | 10.10 | — | 9.59 | 6.58 | 9.50 | 9.51 | 9.64 | 9.51 | 9.61 | 9.80 | 9.82 | 10.47 | 10.50 |
April 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,572,000K ÷ $—K
= —
NetApp Inc's fixed asset turnover ratio has shown a relatively stable trend over the periods provided in the data. The ratio ranged from a high of 10.61 to a low of 6.58, indicating that the company generated between $6.58 and $10.61 in revenue for each dollar invested in fixed assets.
The trend indicates that the company has been efficient in utilizing its fixed assets to generate revenue, with consistently high turnover ratios. However, there was a notable decrease in the fixed asset turnover from July 31, 2023, to April 30, 2024, where the ratio dropped from 9.50 to 10.61 before data diverged.
The absence of fixed asset turnover data for later periods limits a more comprehensive analysis of the trend. To assess the overall impact of this ratio on the company's performance, additional data points would be required to identify any significant shifts in efficiency in utilizing fixed assets over time.
Peer comparison
Apr 30, 2025