Workday Inc (WDAY)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,411,000 | 8,100,880 | 7,777,210 | 7,455,860 | 7,150,680 | 6,870,140 | 6,607,800 | 6,352,880 | 6,118,760 | 5,891,520 | 5,652,390 | 5,405,600 | 5,153,000 | 4,894,580 | 4,649,310 | 4,433,030 | 4,266,370 | 4,110,989 | 3,943,396 | 3,774,015 |
| Property, plant and equipment | US$ in thousands | 1,239,000 | 1,263,000 | 1,259,000 | 1,238,000 | 1,234,000 | 1,206,560 | 1,221,830 | 1,218,120 | 1,201,000 | 1,219,130 | 1,233,150 | 1,186,000 | 1,123,080 | 1,120,200 | 1,135,590 | 1,155,700 | 972,403 | 976,610 | 957,434 | 937,008 |
| Fixed asset turnover | 6.79 | 6.41 | 6.18 | 6.02 | 5.79 | 5.69 | 5.41 | 5.22 | 5.09 | 4.83 | 4.58 | 4.56 | 4.59 | 4.37 | 4.09 | 3.84 | 4.39 | 4.21 | 4.12 | 4.03 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,411,000K ÷ $1,239,000K
= 6.79
The fixed asset turnover ratio for Workday Inc has been showing a consistent upward trend over the data provided. It increased from 4.03 on April 30, 2020, to 6.79 on January 31, 2025. This indicates that the company is generating more revenue per dollar of fixed assets invested, reflecting its efficiency in utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio generally suggests better asset utilization and operational efficiency. Workday Inc's improving fixed asset turnover ratio demonstrates its ability to efficiently manage and utilize its fixed assets to generate revenue over the period.
Peer comparison
Jan 31, 2025