Pure Storage Inc (PSTG)
Fixed asset turnover
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,168,160 | 2,817,430 | 2,830,620 | 2,740,340 | 2,753,430 |
| Property, plant and equipment | US$ in thousands | — | 352,604 | — | 272,445 | 431,357 |
| Fixed asset turnover | — | 7.99 | — | 10.06 | 6.38 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,168,160K ÷ $—K
= —
Pure Storage Inc's fixed asset turnover ratio has exhibited significant fluctuation over the past few years. In January 2023, the company had a fixed asset turnover of 6.38, indicating that for each dollar invested in fixed assets, the company generated $6.38 in sales revenue. This ratio improved notably to 10.06 in February 2023, suggesting increased efficiency in asset utilization.
However, there is missing data for fixed asset turnover in January 2024 and January 2025, which hinders a comprehensive trend analysis. In February 2024, the fixed asset turnover stood at 7.99, indicating a slight decline compared to the previous period.
The varying levels of fixed asset turnover suggest fluctuations in the company's ability to generate sales from its fixed assets efficiently. Further analysis and comparison with industry benchmarks could provide more insights into Pure Storage Inc's operational efficiency and asset management strategies over time.
Peer comparison
Jan 31, 2025