Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Synopsys Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-10-31), 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).

1 US$ in thousands


The total asset turnover ratio for the period examined exhibits fluctuations, generally remaining within a relatively narrow range for the majority of the analyzed timeframe. Initial values, beginning in 2005, demonstrate a slight increase, followed by periods of relative stability and decline. A significant shift is observed in the later years, particularly with a substantial decrease in the most recent period.

Initial Period (2005-2009)
The ratio begins at 0.46 in 2005, increases to 0.51 in 2006, then returns to 0.46 in 2007. It experiences a slight rise to 0.49 in 2008 before stabilizing at 0.46 in 2009. This suggests a consistent, though not dramatically improving, efficiency in utilizing assets to generate revenue during these years.
Fluctuating Stability (2010-2015)
From 2010 through 2015, the ratio demonstrates continued variability, ranging from a low of 0.42 in 2010 to a high of 0.46 in 2015. This period indicates a lack of significant directional trend, with the company maintaining a relatively consistent level of asset utilization. The ratio remains largely between 0.43 and 0.46.
Moderate Improvement (2016-2019)
A moderate upward trend is apparent from 2016 to 2019. The ratio increases from 0.46 to 0.52, indicating improved efficiency in asset utilization. This suggests the company was becoming more effective at generating revenue from its asset base. The highest value in the series, 0.52, is recorded in 2019.
Recent Decline (2020-2025)
The ratio declines to 0.46 in 2020, increases to 0.48 in 2021, then rises significantly to 0.54 in 2022 and 0.57 in 2023. However, a dramatic decrease is observed in the final two periods, falling to 0.47 in 2024 and a notably low 0.15 in 2025. This substantial drop suggests a significant reduction in the efficiency of asset utilization in the most recent year, potentially due to a large increase in total assets without a corresponding increase in revenue.

Overall, the trend suggests a period of relative stability followed by moderate improvement, culminating in a sharp decline in the most recent period. The significant decrease in 2025 warrants further investigation to understand the underlying causes, such as potential asset acquisitions, changes in revenue generation strategies, or accounting adjustments.


Comparison to Competitors

Synopsys Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-10-31), 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).


Comparison to Sector (Software & Services)


Comparison to Industry (Information Technology)