SanDisk Corp (SNDK)
Total asset turnover
| 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 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 5,187,680 | 5,052,510 | 5,087,930 | 5,230,770 | 5,573,500 | 5,662,140 | 5,412,620 | 5,230,260 |
| Total assets | US$ in thousands | 9,511,860 | 9,230,760 | 9,073,000 | 9,149,430 | 9,461,220 | 10,290,000 | 10,708,300 | 10,729,700 | 10,586,400 | 10,488,700 | 8,944,530 | 9,619,000 | 10,376,400 | 10,339,100 | 10,321,500 | 10,075,700 | 10,012,100 | 8,776,710 | 9,860,900 | 9,487,810 |
| Total asset turnover | 0.59 | 0.60 | 0.63 | 0.66 | 0.68 | 0.64 | 0.62 | 0.61 | 0.60 | 0.59 | 0.67 | 0.59 | 0.50 | 0.49 | 0.49 | 0.52 | 0.56 | 0.65 | 0.55 | 0.55 |
March 31, 2016 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,598,370K ÷ $9,511,860K
= 0.59
SanDisk Corp's total asset turnover ratio fluctuated over the period from June 30, 2011, to March 31, 2016. The total asset turnover ratio measures how efficiently the company is utilizing its assets to generate revenue. A higher ratio indicates better asset utilization.
From June 2011 to December 2014, the total asset turnover ratio remained relatively stable, ranging between 0.49 and 0.64, with a slight upward trend observed. This indicates that the company was effectively generating revenue relative to its total assets during this period.
However, from March 2015 onwards, the total asset turnover ratio started to decline, reaching a low of 0.59 in March 2016. This downward trend suggests that the company may have experienced challenges in efficiently using its assets to generate revenue during this period.
Overall, the fluctuations in SanDisk Corp's total asset turnover ratio indicate varying levels of efficiency in asset management and revenue generation over the analyzed period. It is essential for the company to closely monitor and improve this ratio to ensure optimal utilization of its assets for future growth and profitability.