NetScout Systems Inc (NTCT)

Total 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
Total assets	US$ in thousands	2,186,580	2,595,300	2,820,560	3,194,710	3,085,040
Total asset turnover		0.38	0.32	0.32	0.27	0.27

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $822,679K ÷ $2,186,580K
= 0.38

NetScout Systems Inc's total asset turnover ratio has shown a stable trend over the past five years, with the ratio remaining relatively consistent at around 0.27 in 2021 and 2022, increasing slightly to 0.32 in 2023 and maintaining that level through 2024. In the most recent year reported, March 31, 2025, the total asset turnover ratio further improved to 0.38.

This indicates that NetScout Systems Inc is generating approximately 0.27 to 0.38 units of revenue for every dollar of assets it owns. The increasing trend in total asset turnover suggests that the company has been more efficient in utilizing its assets to generate sales over the years, which is a positive sign of operational efficiency and effective asset management. It may also indicate improvements in productivity and sales performance, contributing to stronger overall financial performance.