Sandisk Corp (SNDK)
Total 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 |
Total assets | US$ in thousands | 12,985,000 | 12,960,000 | 14,234,000 | 13,890,000 | 13,506,000 | — | — | — | 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 |
Total asset turnover | 0.57 | 0.56 | 0.51 | 0.50 | 0.49 | — | — | — | 0.59 | 0.60 | 0.63 | 0.66 | 0.68 | 0.64 | 0.62 | 0.61 | 0.60 | 0.59 | 0.67 | 0.59 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,355,000K ÷ $12,985,000K
= 0.57
The total asset turnover of Sandisk Corp over the period from June 30, 2013, to June 30, 2025, demonstrates notable fluctuations with an overall gradual upward trend. Starting at 0.59 in June 2013, the ratio increases to peaks around 0.68 by March 2015, indicating improved efficiency in generating sales from its assets during this period. This upward trend reaches a high point in March 2015, reflecting an advantageous utilization of assets to produce revenue.
Subsequently, the ratio experiences a slight decline, stabilizing around 0.60 to 0.66 until the end of 2015 and early 2016. From this point, the ratio remains relatively stable, maintaining a range approximately between 0.59 and 0.66 for most of 2013 through early 2016, suggesting consistent asset utilization efficiency during this timeframe.
Post-2016, the data for later periods (including 2017 through 2023) appears incomplete or unavailable; however, recent trend data from June 2024 onward shows a slight decline from around 0.49 to 0.51, indicating a modest decrease in asset turnover. This decline could suggest a minor reduction in efficiency, potentially attributable to shifts in operational strategies, market conditions, or asset management practices.
Overall, the company's total asset turnover ratio reflects periods of operational efficiency and stability, with recent data indicating a slight downward momentum. The fluctuations highlight the company's varying capacity to generate sales relative to its asset base over time, with recent figures pointing toward a marginal decrease in asset utilization efficiency.
Peer comparison
Jun 30, 2025