Take-Two Interactive Software Inc (TTWO)

Fixed asset turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	5,633,600	5,349,600	5,349,900	3,504,800	3,372,770
Property, plant and equipment	US$ in thousands	—	—	402,800	242,039	149,364
Fixed asset turnover		—	—	13.28	14.48	22.58

March 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,633,600K ÷ $—K
= —

Take-Two Interactive Software Inc's fixed asset turnover ratio reflects how efficiently the company generates revenue from its investment in fixed assets. The trend in the fixed asset turnover ratio from March 31, 2021, to March 31, 2023, shows a decline from 22.58 to 13.28. This suggests that the company's ability to generate sales from its fixed assets decreased over this period.

The decreasing trend in the fixed asset turnover ratio may indicate that Take-Two Interactive Software Inc is not efficiently utilizing its fixed assets to generate revenue. A lower fixed asset turnover ratio may imply underutilization or inefficient management of fixed assets, leading to a potential decrease in profitability.

The absence of fixed asset turnover ratios for March 31, 2024, and March 31, 2025, indicates a lack of data for those periods. This missing data hinders the ability to assess the company's fixed asset turnover efficiency for those specific years.

In conclusion, based on the trend observed, Take-Two Interactive Software Inc's declining fixed asset turnover ratio suggests potential inefficiencies in the company's utilization of fixed assets. Further analysis and investigation may be required to identify the reasons behind this trend and to address any underlying issues impacting the company's operational efficiency.