NetScout Systems Inc (NTCT)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 822,679 | 829,455 | 914,530 | 855,575 | 831,282 |
| Property, plant and equipment | US$ in thousands | — | — | 34,735 | 96,333 | 48,474 |
| Fixed asset turnover | — | — | 26.33 | 8.88 | 17.15 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $822,679K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently NetScout Systems Inc is generating revenues from its fixed assets. The trend analysis of the fixed asset turnover ratio shows fluctuations over the years.
In March 2021, NetScout Systems Inc achieved a fixed asset turnover ratio of 17.15 times, indicating that the company generated $17.15 in revenues for each dollar invested in fixed assets. This suggests a high level of efficiency in asset utilization.
However, in March 2022, the fixed asset turnover ratio decreased to 8.88 times, implying a decline in revenue generation efficiency from fixed assets. This could be a sign of underutilized or inefficient management of fixed assets.
The ratio then significantly improved in March 2023, reaching 26.33 times, suggesting a substantial increase in revenue generation efficiency from fixed assets. This spike may indicate better asset utilization or increased sales activities.
Unfortunately, the data for March 2024 and March 2025 are not available (marked as "—"), which makes it difficult to assess the current status of the fixed asset turnover ratio.
In conclusion, the trend in NetScout Systems Inc's fixed asset turnover ratio has shown fluctuations, indicating changes in the company's efficiency in generating revenues from its fixed assets. It is important for the company to closely monitor and improve its asset utilization to ensure sustainable growth and profitability.
Peer comparison
Mar 31, 2025