NVIDIA Corporation (NVDA)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 130,497,000 | 60,922,000 | 60,922,000 | 26,974,000 | 26,974,000 |
| Property, plant and equipment | US$ in thousands | — | — | 3,914,000 | 3,807,000 | 3,807,000 |
| Fixed asset turnover | — | — | 15.57 | 7.09 | 7.09 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $130,497,000K ÷ $—K
= —
The fixed asset turnover ratio for NVIDIA Corporation has shown a significant increase over the years, rising from 7.09 in January 2023 to 15.57 in January 2024. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting efficient utilization of its fixed assets to generate sales.
However, the absence of data for January 31, 2024 and January 31, 2025 prevents a complete trend analysis. It is important to note that a high fixed asset turnover ratio can be a positive indicator of operational efficiency and effective asset management, but it should be interpreted in conjunction with other financial metrics to assess the overall financial health of the company.
Peer comparison
Jan 31, 2025