Sandisk Corp (SNDK)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,355,000 | 6,663,000 | 6,086,000 | 9,754,000 | 5,564,870 |
| Total assets | US$ in thousands | 12,985,000 | 13,506,000 | 13,820,000 | 15,761,000 | 9,230,760 |
| Total asset turnover | 0.57 | 0.49 | 0.44 | 0.62 | 0.60 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,355,000K ÷ $12,985,000K
= 0.57
The total asset turnover ratio for Sandisk Corp has exhibited fluctuations over the specified periods. As of December 31, 2015, the ratio was 0.60, indicating that the company generated approximately $0.60 in sales for every dollar of total assets. This level of efficiency reflects a moderate utilization of assets in generating revenue during that time.
By June 30, 2022, the ratio slightly increased to 0.62, suggesting a marginal improvement in asset utilization efficiency, possibly due to operational improvements or changes in asset management strategies. However, by June 30, 2023, the ratio declined significantly to 0.44, indicating a decrease in sales generated per dollar of assets. This decline could signal issues such as asset underutilization, reduced sales efficiency, or shifts in asset composition.
Subsequently, the ratio experienced a modest recovery to 0.49 by June 30, 2024, and further increased to 0.57 by June 30, 2025. The upward trend in these latter periods suggests a potential improvement in asset efficiency, possibly attributable to operational enhancements, strategic asset management, or increased sales relative to total assets.
Overall, the ratio's movement reflects periods of both decline and recovery in asset utilization efficiency over the analyzed timeframe. The fluctuations highlight the dynamic nature of the company's operational efficiency in deploying its assets to generate sales.
Peer comparison
Jun 30, 2025