Science Applications International Corporation Common Stock (SAIC)
Total 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 |
| Total assets | US$ in thousands | 5,246,000 | 5,275,000 | 5,250,000 | 5,250,000 | 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 |
| Total asset turnover | 1.43 | 1.40 | 1.39 | 1.38 | 1.40 | 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 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,479,000K ÷ $5,246,000K
= 1.43
The total asset turnover of Science Applications International Corporation Common Stock has shown a gradual increase over the past few years, indicating an improvement in the efficiency of utilizing its assets to generate revenue. From May 1, 2020, to January 31, 2025, the total asset turnover has risen from 1.08 to 1.43.
This indicates that for every dollar of assets held by the company, it generated $1.43 of revenue as of January 31, 2025. The increasing trend suggests that Science Applications International Corporation has been able to optimize its asset utilization and generate more sales relative to its asset base.
A higher total asset turnover ratio is generally seen as a positive sign, as it indicates that the company is efficiently using its assets to generate revenue. It could be a result of more efficient operations, effective inventory management, or improved sales and marketing strategies.
Overall, the increasing total asset turnover of Science Applications International Corporation Common Stock reflects a positive trend in the company's operational efficiency and revenue generation capabilities over the analyzed period.
Peer comparison
Jan 31, 2025