Science Applications International Corporation Common Stock (SAIC)
Total 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 |
| Total assets | US$ in thousands | 5,246,000 | 5,314,000 | 5,543,000 | 5,746,000 | 5,723,000 |
| Total asset turnover | 1.43 | 1.40 | 1.37 | 1.27 | 1.22 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,479,000K ÷ $5,246,000K
= 1.43
Science Applications International Corporation Common Stock has shown a consistent improvement in its total asset turnover over the past five years. The total asset turnover ratio, which measures the efficiency of the company in generating revenue from its assets, increased from 1.22 in January 29, 2021, to 1.43 in January 31, 2025.
This upward trend indicates that Science Applications International Corporation has been more effective in utilizing its assets to generate revenue over the years. A higher total asset turnover ratio suggests that the company is making better use of its assets to drive sales growth.
Overall, the increasing total asset turnover ratio reflects positively on the company's operational efficiency and ability to generate revenue from its asset base. It indicates that Science Applications International Corporation is managing its assets more effectively and efficiently to support its business operations and growth.
Peer comparison
Jan 31, 2025