Science Applications International Corporation Common Stock (SAIC)
Fixed asset turnover
| Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,569,000 | 7,556,000 | 7,570,000 | 7,617,000 | 7,585,000 | 7,434,000 | 7,423,000 | 7,428,000 | 7,310,000 | 7,239,000 | 7,159,000 | 7,087,000 | 6,966,000 | 6,879,000 | 6,691,000 | 6,521,000 | 6,379,000 | 6,031,000 | 5,578,000 | 5,099,000 |
| Property, plant and equipment | US$ in thousands | 91,000 | 89,000 | 90,000 | 91,000 | 92,000 | 95,000 | 95,000 | 97,000 | 100,000 | 103,000 | 105,000 | 107,000 | 108,000 | 105,000 | 103,000 | 101,000 | 91,000 | 94,000 | 97,000 | 103,000 |
| Fixed asset turnover | 83.18 | 84.90 | 84.11 | 83.70 | 82.45 | 78.25 | 78.14 | 76.58 | 73.10 | 70.28 | 68.18 | 66.23 | 64.50 | 65.51 | 64.96 | 64.56 | 70.10 | 64.16 | 57.51 | 49.50 |
February 2, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,569,000K ÷ $91,000K
= 83.18
The fixed asset turnover ratio of Science Applications International Corporation Common Stock has been relatively stable over the past few quarters, ranging between 49.50 and 84.90. This ratio indicates how efficiently the company is generating revenue from its fixed assets.
A fixed asset turnover ratio above 1 suggests that the company is generating more revenue per dollar invested in fixed assets. In this case, Science Applications International Corporation Common Stock consistently maintains a fixed asset turnover ratio well above 1, indicating that the company efficiently utilizes its fixed assets to generate revenue.
The slight fluctuations in the fixed asset turnover ratio over the period analyzed may be attributed to changes in revenue generation or the level of investment in fixed assets. Overall, the consistent high values of the fixed asset turnover ratio suggest that Science Applications International Corporation Common Stock effectively manages its fixed assets to drive revenue growth.
Peer comparison
Feb 2, 2024