Sandisk Corp (SNDK)
Fixed asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,355,000 | 7,214,000 | 7,224,000 | 7,013,000 | 6,663,000 | 6,268,740 | 6,106,890 | 5,894,170 | 5,598,370 | 5,564,870 | 5,756,970 | 6,051,180 | 6,447,990 | 6,627,690 | 6,620,300 | 6,498,960 | 6,341,210 | 6,170,000 | 5,983,640 | 5,631,680 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 790,402 | 817,130 | 831,064 | 804,764 | 769,933 | 724,357 | 692,362 | 650,223 | 639,653 | 655,794 | 673,219 | 674,249 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 7.08 | 6.81 | 6.93 | 7.52 | 8.37 | 9.15 | 9.56 | 9.99 | 9.91 | 9.41 | 8.89 | 8.35 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,355,000K ÷ $—K
= —
The fixed asset turnover ratio of Sandisk Corp exhibited a notable upward trajectory from mid-2013 through the first half of 2014, increasing from 8.35 on June 30, 2013, to a peak of 9.99 by June 30, 2014. This trend indicates that during this period, the company was generating increasingly higher sales revenue per dollar invested in fixed assets, reflecting improved asset utilization efficiencies or growth in sales relative to fixed asset base.
Between September 30, 2014, and March 31, 2015, the ratio experienced a decline, dropping from 9.56 to 8.37, suggesting a potential slowdown in sales productivity or increased capital expenditure that temporarily reduced relative asset efficiency. The downward trend continued into the later periods, with the ratio decreasing further to 6.81 by December 31, 2015, indicating a sustained decrease in fixed asset utilization or sales growth relative to fixed assets.
In the subsequent period through March 31, 2016, there was a slight recovery to 7.08, but the ratio remained below earlier peaks, signaling ongoing challenges in efficiently utilizing fixed assets to generate sales. The data beyond September 2015 is not available, with no reported ratios from late 2015 onward through 2025, precluding assessment of long-term or recent asset productivity trends after the initial downturn.
Overall, the historical data reflects that Sandisk Corp’s fixed asset turnover improved significantly during 2013 and early 2014, followed by a steady decline over the subsequent years, which may be attributable to changes in sales volume, asset base adjustments, technological shifts, or strategic restructuring impacting asset efficiency during that period.
Peer comparison
Jun 30, 2025