Science Applications International Corporation Common Stock (SAIC)
Total 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 |
| Total assets | US$ in thousands | 5,314,000 | 5,658,000 | 5,672,000 | 5,957,000 | 5,543,000 | 5,628,000 | 5,654,000 | 5,716,000 | 5,746,000 | 5,916,000 | 5,905,000 | 5,812,000 | 5,723,000 | 5,875,000 | 5,947,000 | 6,016,000 | 4,711,000 | 4,700,000 | 4,627,000 | 4,607,000 |
| Total asset turnover | 1.42 | 1.34 | 1.33 | 1.28 | 1.37 | 1.32 | 1.31 | 1.30 | 1.27 | 1.22 | 1.21 | 1.22 | 1.22 | 1.17 | 1.13 | 1.08 | 1.35 | 1.28 | 1.21 | 1.11 |
February 2, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,569,000K ÷ $5,314,000K
= 1.42
The total asset turnover ratio of Science Applications International Corporation Common Stock has fluctuated over the past few years, ranging from a low of 1.08 to a high of 1.42. This ratio measures the company's ability to generate revenue from its assets, with a higher ratio indicating more efficient asset utilization.
The ratio peaked at 1.42 in February 2024, suggesting that the company was able to generate $1.42 in revenue for every dollar of assets during that period. This indicates strong efficiency in asset utilization. However, the ratio decreased to 1.08 in January 2020, signaling a potential decline in the company's ability to generate revenue relative to its assets.
Overall, the trend in the total asset turnover ratio for Science Applications International Corporation Common Stock appears to be fluctuating, indicating varying levels of efficiency in utilizing its assets to generate revenue over the periods analyzed.
Peer comparison
Feb 2, 2024