Science Applications International Corporation Common Stock (SAIC)
Fixed asset turnover
| Jan 31, 2025 | Nov 1, 2024 | Aug 2, 2024 | May 3, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,479,000 | 7,378,000 | 7,297,000 | 7,263,000 | 7,444,000 | 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 |
| Property, plant and equipment | US$ in thousands | 104,000 | 99,000 | 95,000 | 93,000 | 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 |
| Fixed asset turnover | 71.91 | 74.53 | 76.81 | 78.10 | 81.80 | 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 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ 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 generally increasing trend over the past few years. The ratio started at 64.56 as of May 1, 2020, and gradually increased to 78.25 by October 28, 2022. This indicates that the company has been able to generate more revenue for each dollar invested in fixed assets during this period.
However, there was a slight decline in the fixed asset turnover ratio from February 2, 2023, to August 2, 2024, reaching a low of 76.81 on August 2, 2024. This could suggest a temporary decrease in efficiency in utilizing fixed assets to generate sales during this period.
Subsequently, the fixed asset turnover ratio improved to 74.53 by November 1, 2024, and further decreased to 71.91 by January 31, 2025. These fluctuations may indicate changes in the company's operations or investments in fixed assets during these periods.
Overall, the increasing trend in the fixed asset turnover ratio for most of the period reflects positively on the company's ability to efficiently utilize its fixed assets to generate revenue. However, it is important to monitor any fluctuations in this ratio over time to assess the company's operational efficiency and financial performance.
Peer comparison
Jan 31, 2025