NetScout Systems Inc (NTCT)

Fixed asset turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	822,679	821,135	787,188	792,882	829,455	834,105	885,577	916,856	914,530	897,628	890,278	874,115	855,575	877,773	844,318	837,739	831,282	847,244	878,529	889,611
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	—	33,207	34,735	37,590	88,509	40,328	96,333	98,991	45,008	105,872	48,474	51,265	53,168	55,228
Fixed asset turnover		—	—	—	—	—	—	—	27.61	26.33	23.88	10.06	21.68	8.88	8.87	18.76	7.91	17.15	16.53	16.52	16.11

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $822,679K ÷ $—K
= —

NetScout Systems Inc's fixed asset turnover ratio has shown a fluctuating trend over the past few years. From June 2020 to September 2022, the ratio steadily increased from 16.11 to 10.06, indicating that the company was generating more revenue relative to its investment in fixed assets.

However, there was a significant drop in the fixed asset turnover ratio in the following quarters, reaching a low of 7.91 in June 2021. This could suggest that NetScout Systems Inc's fixed assets were not as efficiently utilized to generate sales during that period.

Subsequently, there was a notable rebound in the fixed asset turnover ratio, reaching a peak of 27.61 in June 2023, indicating that the company was able to generate a high level of sales relative to its investment in fixed assets.

The data for the quarters beyond September 2023 is not available, so it is unclear how the fixed asset turnover ratio evolved during that period.

Overall, the trend in NetScout Systems Inc's fixed asset turnover ratio highlights periods of efficiency and inefficiency in utilizing fixed assets to generate revenue.