ePlus inc (PLUS)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,068,790 | 2,225,300 | 2,067,720 | 1,821,020 | 1,568,320 |
| Property, plant and equipment | US$ in thousands | — | — | 26,533 | 14,811 | 16,151 |
| Fixed asset turnover | — | — | 77.93 | 122.95 | 97.10 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,068,790K ÷ $—K
= —
The fixed asset turnover ratio for ePlus inc has shown fluctuations over the years. The ratio increased steadily from 97.10 in March 2021 to 122.95 in March 2022, indicating that the company was generating more sales revenue per dollar invested in fixed assets. However, there was a significant decline in the ratio to 77.93 in March 2023, suggesting a potential decrease in efficiency in utilizing fixed assets to generate sales.
The absence of data for March 31, 2024 and March 31, 2025 limits the ability to provide a complete trend analysis. It is important for ePlus inc to closely monitor and analyze its fixed asset turnover ratio to ensure optimal utilization of its fixed assets and maximize profitability.
Peer comparison
Mar 31, 2025