Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

Analysis of Geographic Areas 

Microsoft Excel

Area Asset Turnover

Synopsys Inc., asset turnover by geographic area

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
United States 8.24 7.89 6.88 5.70 5.71 7.15
Other 13.96 14.72 11.93 11.08 12.40 16.39

Based on: 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).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Other Other area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Area Asset Turnover: United States

Synopsys Inc.; United States; area asset turnover calculation

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
Selected Financial Data (US$ in thousands)
Revenue 2,786,064 2,349,766 1,951,964 1,774,348 1,676,178 1,508,224
Property and equipment, net 338,260 297,780 283,602 311,350 293,725 210,914
Area Activity Ratio
Area asset turnover1 8.24 7.89 6.88 5.70 5.71 7.15

Based on: 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).

1 2023 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 2,786,064 ÷ 338,260 = 8.24

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: Other

Synopsys Inc.; Other; area asset turnover calculation

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
Selected Financial Data (US$ in thousands)
Revenue 3,056,555 2,731,776 2,252,229 1,910,933 1,684,516 1,612,834
Property and equipment, net 219,001 185,520 188,796 172,468 135,807 98,396
Area Activity Ratio
Area asset turnover1 13.96 14.72 11.93 11.08 12.40 16.39

Based on: 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).

1 2023 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 3,056,555 ÷ 219,001 = 13.96

Area activity ratio Geographic area The company
Area asset turnover Other Other area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Revenue

Synopsys Inc., revenue by geographic area

US$ in thousands

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
United States 2,786,064 2,349,766 1,951,964 1,774,348 1,676,178 1,508,224
Other 3,056,555 2,731,776 2,252,229 1,910,933 1,684,516 1,612,834
Consolidated 5,842,619 5,081,542 4,204,193 3,685,281 3,360,694 3,121,058

Based on: 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).


Property and equipment, net

Synopsys Inc., property and equipment, net by geographic area

US$ in thousands

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
United States 338,260 297,780 283,602 311,350 293,725 210,914
Other 219,001 185,520 188,796 172,468 135,807 98,396
Consolidated 557,261 483,300 472,398 483,818 429,532 309,310

Based on: 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).