Science Applications International Corporation Common Stock (SAIC)

Fixed asset turnover

Jan 31, 2025 Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021
Revenue US$ in thousands 7,479,000 7,444,000 7,585,000 7,310,000 6,966,000
Property, plant and equipment US$ in thousands 104,000 91,000 92,000 100,000 108,000
Fixed asset turnover 71.91 81.80 82.45 73.10 64.50

January 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,479,000K ÷ $104,000K
= 71.91

The fixed asset turnover ratio for Science Applications International Corporation Common Stock has shown a consistent increasing trend over the past five years. From January 29, 2021, to January 31, 2025, the ratio has improved from 64.50 to 71.91. This indicates that the company is generating more revenue relative to its investment in fixed assets. However, there was a slight dip in the ratio in February 2, 2024, compared to the previous year, but it still remains relatively high. Overall, the increasing trend in the fixed asset turnover ratio suggests that Science Applications International Corporation is effectively utilizing its fixed assets to generate revenue.