Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Synopsys Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Synopsys Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Synopsys Inc. total asset turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Synopsys Inc. equity turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |
Net Fixed Asset Turnover
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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
Revenue | 1,487,288) | 1,394,863) | 1,361,340) | 1,284,292) | 1,247,766) | 1,279,229) | 1,270,255) | 1,152,419) | 1,057,130) | 1,024,323) | 970,321) | 1,025,439) | 964,134) | 861,327) | 834,381) | 851,081) | 852,970) | 836,242) | 820,401) | 795,082) | 779,714) | 776,836) | 769,426) | 696,644) | 695,381) | 680,069) | 652,786) | ||||||||
Property and equipment, net | 535,973) | 546,439) | 516,925) | 483,300) | 486,872) | 491,641) | 477,521) | 472,398) | 470,129) | 478,975) | 486,604) | 483,818) | 484,529) | 470,412) | 457,527) | 429,532) | 372,566) | 344,176) | 317,896) | 309,310) | 290,446) | 283,782) | 284,441) | 266,014) | 262,025) | 259,476) | 256,811) | ||||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
Net fixed asset turnover1 | 10.31 | 9.68 | 10.01 | 10.51 | 10.17 | 9.68 | 9.43 | 8.90 | 8.67 | 8.32 | 7.85 | 7.62 | 7.25 | 7.23 | 7.38 | 7.82 | 8.87 | 9.39 | 9.98 | 10.09 | 10.41 | 10.35 | 9.99 | 10.24 | — | — | — | ||||||||
Benchmarks | |||||||||||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
Accenture PLC | 41.40 | 40.46 | 38.17 | 37.12 | 35.78 | 34.22 | 32.49 | 30.83 | 31.16 | 30.44 | 29.69 | 28.68 | 30.82 | 31.33 | 31.71 | 31.06 | 31.90 | 33.16 | 33.91 | 32.91 | 33.04 | 32.70 | 32.63 | 32.23 | — | — | — | ||||||||
Adobe Inc. | — | 9.07 | 9.15 | 9.23 | 9.25 | 9.33 | 9.48 | 9.44 | 9.27 | 9.15 | 8.94 | 8.48 | 8.48 | 8.68 | 8.70 | 8.64 | 8.56 | 8.38 | 8.65 | 8.40 | 8.41 | 8.18 | 7.76 | 7.79 | — | — | — | ||||||||
International Business Machines Corp. | — | 11.12 | 11.34 | 11.35 | 11.75 | 11.31 | 10.50 | 10.07 | 6.68 | 6.93 | 7.33 | 7.33 | 7.53 | 7.78 | 7.95 | 7.71 | 7.66 | 7.63 | 7.37 | 7.38 | — | — | — | — | — | — | — | ||||||||
Intuit Inc. | 15.00 | 14.70 | 14.38 | 14.33 | 15.00 | 13.74 | 13.08 | 12.35 | 11.24 | 9.74 | 10.55 | 10.46 | 9.20 | 9.40 | 8.97 | 8.70 | 8.48 | 7.94 | 7.57 | 7.34 | — | — | — | — | — | — | — | ||||||||
Microsoft Corp. | 2.36 | 2.47 | 2.64 | 2.66 | 2.74 | 2.75 | 2.76 | 2.81 | 2.91 | 2.96 | 3.07 | 3.24 | 3.36 | 3.31 | 3.38 | 3.45 | 3.63 | 3.62 | 3.66 | 3.75 | — | — | — | — | — | — | — | ||||||||
Oracle Corp. | 2.93 | 3.21 | 3.60 | 4.37 | 4.86 | 5.16 | 5.37 | 5.74 | 5.82 | 5.95 | 6.13 | 6.26 | 6.36 | 6.31 | 6.31 | 6.32 | 6.39 | 6.63 | 6.73 | 6.75 | — | — | — | — | — | — | — | ||||||||
Palo Alto Networks Inc. | 18.99 | 17.86 | 16.45 | 15.38 | 14.54 | 13.39 | 14.05 | 13.37 | 12.36 | 11.44 | 10.60 | 9.79 | 9.14 | 10.02 | 9.53 | 9.80 | 10.01 | 9.49 | 8.77 | 8.32 | — | — | — | — | — | — | — | ||||||||
Salesforce Inc. | 8.62 | 8.69 | 9.74 | 9.41 | 9.03 | 8.68 | 8.98 | 8.64 | 7.91 | 7.67 | 7.24 | 7.20 | 6.70 | 6.45 | 6.25 | 6.48 | 6.27 | 5.95 | 5.69 | 5.38 | — | — | — | — | — | — | — | ||||||||
ServiceNow Inc. | — | 6.98 | 6.82 | 6.88 | 7.57 | 7.54 | 7.84 | 7.70 | 7.47 | 7.06 | 6.97 | 6.85 | 7.48 | 7.23 | 7.89 | 7.39 | 8.04 | 8.27 | 8.01 | 7.51 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31).
1 Q3 2023 Calculation
Net fixed asset turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Property and equipment, net
= (1,487,288 + 1,394,863 + 1,361,340 + 1,284,292)
÷ 535,973 = 10.31
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Synopsys Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Synopsys Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
Revenue | 1,487,288) | 1,394,863) | 1,361,340) | 1,284,292) | 1,247,766) | 1,279,229) | 1,270,255) | 1,152,419) | 1,057,130) | 1,024,323) | 970,321) | 1,025,439) | 964,134) | 861,327) | 834,381) | 851,081) | 852,970) | 836,242) | 820,401) | 795,082) | 779,714) | 776,836) | 769,426) | 696,644) | 695,381) | 680,069) | 652,786) | ||||||||
Property and equipment, net | 535,973) | 546,439) | 516,925) | 483,300) | 486,872) | 491,641) | 477,521) | 472,398) | 470,129) | 478,975) | 486,604) | 483,818) | 484,529) | 470,412) | 457,527) | 429,532) | 372,566) | 344,176) | 317,896) | 309,310) | 290,446) | 283,782) | 284,441) | 266,014) | 262,025) | 259,476) | 256,811) | ||||||||
Operating lease right-of-use assets, net | 574,727) | 576,727) | 586,892) | 559,090) | 574,501) | 585,108) | 481,526) | 493,251) | 493,899) | 505,225) | 462,136) | 465,818) | 472,244) | 462,778) | 460,137) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | ||||||||
Property and equipment, net (including operating lease, right-of-use asset) | 1,110,700) | 1,123,166) | 1,103,817) | 1,042,390) | 1,061,373) | 1,076,749) | 959,047) | 965,649) | 964,028) | 984,200) | 948,740) | 949,636) | 956,773) | 933,190) | 917,664) | 429,532) | 372,566) | 344,176) | 317,896) | 309,310) | 290,446) | 283,782) | 284,441) | 266,014) | 262,025) | 259,476) | 256,811) | ||||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
Net fixed asset turnover (including operating lease, right-of-use asset)1 | 4.98 | 4.71 | 4.69 | 4.87 | 4.66 | 4.42 | 4.70 | 4.35 | 4.23 | 4.05 | 4.03 | 3.88 | 3.67 | 3.64 | 3.68 | 7.82 | 8.87 | 9.39 | 9.98 | 10.09 | 10.41 | 10.35 | 9.99 | 10.24 | — | — | — | ||||||||
Benchmarks | |||||||||||||||||||||||||||||||||||
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | |||||||||||||||||||||||||||||||||||
Accenture PLC | 14.85 | 14.14 | 13.47 | 13.17 | 12.30 | 11.56 | 11.17 | 10.48 | 10.27 | 9.83 | 9.71 | 9.37 | 9.54 | 9.69 | 9.68 | 31.06 | 31.90 | 33.16 | 33.91 | 32.91 | 33.04 | 32.70 | 32.63 | 32.23 | — | — | — | ||||||||
Adobe Inc. | — | 7.61 | 7.60 | 7.61 | 7.57 | 7.52 | 7.55 | 7.46 | 7.26 | 7.08 | 6.82 | 6.42 | 6.30 | 6.42 | 6.32 | 8.64 | 8.56 | 8.38 | 8.65 | 8.40 | 8.41 | 8.18 | 7.76 | 7.79 | — | — | — | ||||||||
International Business Machines Corp. | — | 7.48 | 7.45 | 7.37 | 7.67 | 7.35 | 6.73 | 6.43 | 4.56 | 4.73 | 4.97 | 5.00 | 5.11 | 5.21 | 5.28 | 5.14 | 5.15 | 5.12 | 5.14 | 7.38 | — | — | — | — | — | — | — | ||||||||
Intuit Inc. | 9.89 | 9.51 | 9.11 | 8.86 | 10.03 | 8.99 | 8.64 | 8.30 | 7.66 | 6.52 | 8.04 | 8.00 | 7.11 | 6.76 | 6.42 | 8.70 | 8.48 | 7.94 | 7.57 | 7.34 | — | — | — | — | — | — | — | ||||||||
Microsoft Corp. | 2.03 | 2.12 | 2.25 | 2.26 | 2.31 | 2.32 | 2.34 | 2.37 | 2.44 | 2.47 | 2.58 | 2.70 | 2.79 | 2.74 | 2.80 | 2.87 | 3.00 | 3.00 | 3.01 | 3.05 | — | — | — | — | — | — | — | ||||||||
Palo Alto Networks Inc. | 11.00 | 10.33 | 9.47 | 9.17 | 8.68 | 8.08 | 7.91 | 7.32 | 6.86 | 6.49 | 6.08 | 5.62 | 5.26 | 5.37 | 5.03 | 9.80 | 10.01 | 9.49 | 8.77 | 8.32 | — | — | — | — | — | — | — | ||||||||
Salesforce Inc. | 4.72 | 4.80 | 4.83 | 4.65 | 4.40 | 4.03 | 4.02 | 3.75 | 3.67 | 3.52 | 3.31 | 3.16 | 2.87 | 2.84 | 2.75 | 6.48 | 6.27 | 5.95 | 5.69 | 5.38 | — | — | — | — | — | — | — | ||||||||
ServiceNow Inc. | — | 4.44 | 4.24 | 4.18 | 4.63 | 4.46 | 4.53 | 4.34 | 4.11 | 4.32 | 4.21 | 4.06 | 4.13 | 3.91 | 3.97 | 3.98 | 4.00 | 3.95 | 3.77 | 7.51 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31).
1 Q3 2023 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Property and equipment, net (including operating lease, right-of-use asset)
= (1,487,288 + 1,394,863 + 1,361,340 + 1,284,292)
÷ 1,110,700 = 4.98
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Synopsys Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Total Asset Turnover
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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
Revenue | 1,487,288) | 1,394,863) | 1,361,340) | 1,284,292) | 1,247,766) | 1,279,229) | 1,270,255) | 1,152,419) | 1,057,130) | 1,024,323) | 970,321) | 1,025,439) | 964,134) | 861,327) | 834,381) | 851,081) | 852,970) | 836,242) | 820,401) | 795,082) | 779,714) | 776,836) | 769,426) | 696,644) | 695,381) | 680,069) | 652,786) | ||||||||
Total assets | 9,923,231) | 9,790,732) | 9,565,624) | 9,418,087) | 9,329,547) | 9,210,381) | 8,901,346) | 8,752,260) | 8,485,906) | 8,339,565) | 8,012,838) | 8,030,062) | 7,663,250) | 7,322,466) | 7,202,903) | 6,405,160) | 6,153,408) | 6,194,223) | 6,344,486) | 6,145,974) | 5,795,215) | 5,699,071) | 5,717,549) | 5,396,414) | 5,678,939) | 5,466,558) | 5,264,254) | ||||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
Total asset turnover1 | 0.56 | 0.54 | 0.54 | 0.54 | 0.53 | 0.52 | 0.51 | 0.48 | 0.48 | 0.48 | 0.48 | 0.46 | 0.46 | 0.46 | 0.47 | 0.52 | 0.54 | 0.52 | 0.50 | 0.51 | 0.52 | 0.52 | 0.50 | 0.50 | — | — | — | ||||||||
Benchmarks | |||||||||||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
Accenture PLC | 1.27 | 1.32 | 1.32 | 1.30 | 1.29 | 1.28 | 1.23 | 1.17 | 1.14 | 1.14 | 1.17 | 1.20 | 1.27 | 1.33 | 1.33 | 1.45 | 1.52 | 1.55 | 1.58 | 1.70 | 1.75 | 1.69 | 1.65 | 1.62 | — | — | — | ||||||||
Adobe Inc. | — | 0.66 | 0.67 | 0.65 | 0.64 | 0.63 | 0.62 | 0.58 | 0.58 | 0.56 | 0.55 | 0.53 | 0.55 | 0.56 | 0.55 | 0.54 | 0.53 | 0.51 | 0.49 | 0.48 | 0.56 | 0.54 | 0.51 | 0.50 | — | — | — | ||||||||
International Business Machines Corp. | — | 0.46 | 0.45 | 0.48 | 0.48 | 0.47 | 0.44 | 0.43 | 0.42 | 0.44 | 0.47 | 0.47 | 0.49 | 0.49 | 0.50 | 0.51 | 0.52 | 0.50 | 0.60 | 0.65 | — | — | — | — | — | — | — | ||||||||
Intuit Inc. | 0.49 | 0.50 | 0.49 | 0.46 | 0.45 | 0.43 | 0.69 | 0.62 | 0.56 | 0.53 | 0.81 | 0.70 | 0.88 | 1.06 | 1.12 | 1.08 | 0.98 | 1.21 | 1.24 | 1.15 | — | — | — | — | — | — | — | ||||||||
Microsoft Corp. | 0.55 | 0.56 | 0.56 | 0.54 | 0.56 | 0.54 | 0.53 | 0.50 | 0.52 | 0.50 | 0.49 | 0.47 | 0.49 | 0.47 | 0.47 | 0.44 | 0.46 | 0.46 | 0.45 | 0.43 | — | — | — | — | — | — | — | ||||||||
Oracle Corp. | 0.36 | 0.36 | 0.34 | 0.39 | 0.39 | 0.39 | 0.33 | 0.31 | 0.34 | 0.36 | 0.35 | 0.34 | 0.41 | 0.40 | 0.37 | 0.36 | 0.36 | 0.34 | 0.31 | 0.29 | — | — | — | — | — | — | — | ||||||||
Palo Alto Networks Inc. | 0.46 | 0.47 | 0.46 | 0.45 | 0.47 | 0.47 | 0.44 | 0.42 | 0.42 | 0.40 | 0.41 | 0.38 | 0.50 | 0.43 | 0.44 | 0.44 | 0.44 | 0.45 | 0.42 | 0.39 | — | — | — | — | — | — | — | ||||||||
Salesforce Inc. | 0.33 | 0.31 | 0.30 | 0.28 | 0.29 | 0.27 | 0.34 | 0.32 | 0.34 | 0.34 | 0.34 | 0.31 | 0.32 | 0.44 | 0.42 | 0.43 | 0.47 | 0.46 | 0.48 | 0.50 | — | — | — | — | — | — | — | ||||||||
ServiceNow Inc. | — | 0.54 | 0.56 | 0.54 | 0.62 | 0.59 | 0.57 | 0.55 | 0.58 | 0.56 | 0.55 | 0.52 | 0.55 | 0.61 | 0.60 | 0.57 | 0.68 | 0.65 | 0.64 | 0.67 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31).
1 Q3 2023 Calculation
Total asset turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Total assets
= (1,487,288 + 1,394,863 + 1,361,340 + 1,284,292)
÷ 9,923,231 = 0.56
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Synopsys Inc. total asset turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |
Equity Turnover
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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 | Jan 31, 2017 | |||||||||
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Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
Revenue | 1,487,288) | 1,394,863) | 1,361,340) | 1,284,292) | 1,247,766) | 1,279,229) | 1,270,255) | 1,152,419) | 1,057,130) | 1,024,323) | 970,321) | 1,025,439) | 964,134) | 861,327) | 834,381) | 851,081) | 852,970) | 836,242) | 820,401) | 795,082) | 779,714) | 776,836) | 769,426) | 696,644) | 695,381) | 680,069) | 652,786) | ||||||||
Total Synopsys stockholders’ equity | 5,958,555) | 5,831,859) | 5,636,754) | 5,515,725) | 5,604,026) | 5,564,311) | 5,386,773) | 5,295,137) | 5,151,020) | 5,088,135) | 4,882,252) | 4,907,404) | 4,595,925) | 4,275,086) | 4,148,827) | 4,083,013) | 3,933,806) | 3,909,572) | 3,778,802) | 3,479,152) | 3,158,139) | 3,256,293) | 3,136,529) | 3,275,620) | 3,423,168) | 3,377,495) | 3,324,685) | ||||||||
Long-term Activity Ratio | |||||||||||||||||||||||||||||||||||
Equity turnover1 | 0.93 | 0.91 | 0.92 | 0.92 | 0.88 | 0.86 | 0.84 | 0.79 | 0.79 | 0.78 | 0.78 | 0.75 | 0.76 | 0.80 | 0.81 | 0.82 | 0.84 | 0.83 | 0.84 | 0.90 | 0.96 | 0.90 | 0.91 | 0.83 | — | — | — | ||||||||
Benchmarks | |||||||||||||||||||||||||||||||||||
Equity Turnover, Competitors2 | |||||||||||||||||||||||||||||||||||
Accenture PLC | 2.51 | 2.66 | 2.72 | 2.79 | 2.79 | 2.76 | 2.64 | 2.59 | 2.48 | 2.49 | 2.50 | 2.61 | 2.78 | 2.89 | 2.90 | 3.00 | 3.12 | 3.19 | 3.32 | 4.01 | 4.14 | 4.04 | 4.15 | 4.11 | — | — | — | ||||||||
Adobe Inc. | — | 1.24 | 1.27 | 1.25 | 1.20 | 1.19 | 1.17 | 1.07 | 1.05 | 1.04 | 1.01 | 0.97 | 1.06 | 1.11 | 1.11 | 1.06 | 1.04 | 1.02 | 0.97 | 0.96 | 0.97 | 0.93 | 0.89 | 0.86 | — | — | — | ||||||||
International Business Machines Corp. | — | 2.73 | 2.80 | 2.76 | 3.02 | 3.07 | 3.06 | 3.03 | 2.75 | 2.98 | 3.24 | 3.57 | 3.54 | 3.67 | 3.83 | 3.70 | 4.30 | 4.41 | 4.78 | 4.74 | — | — | — | — | — | — | — | ||||||||
Intuit Inc. | 0.80 | 0.86 | 0.83 | 0.77 | 0.76 | 0.73 | 1.06 | 0.98 | 0.89 | 0.87 | 1.49 | 1.50 | 1.45 | 1.91 | 1.91 | 1.81 | 1.67 | 2.30 | 2.19 | 2.53 | — | — | — | — | — | — | — | ||||||||
Microsoft Corp. | 1.07 | 1.11 | 1.17 | 1.19 | 1.18 | 1.16 | 1.16 | 1.18 | 1.19 | 1.18 | 1.19 | 1.21 | 1.21 | 1.22 | 1.22 | 1.23 | 1.29 | 1.29 | 1.34 | 1.33 | — | — | — | — | — | — | — | ||||||||
Oracle Corp. | — | — | — | — | — | — | — | 7.73 | 4.46 | 4.98 | 4.13 | 3.24 | 2.79 | 2.54 | 2.14 | 1.81 | 1.67 | 1.30 | 1.05 | 0.87 | — | — | — | — | — | — | — | ||||||||
Palo Alto Networks Inc. | 5.27 | 8.44 | 11.45 | 26.20 | 15.31 | 41.24 | 8.78 | 6.71 | 4.00 | 3.65 | 4.80 | 3.09 | 4.38 | 1.94 | 1.99 | 1.83 | 1.89 | 2.42 | 1.93 | 2.35 | — | — | — | — | — | — | — | ||||||||
Salesforce Inc. | 0.51 | 0.49 | 0.47 | 0.46 | 0.44 | 0.42 | 0.53 | 0.51 | 0.50 | 0.50 | 0.53 | 0.50 | 0.48 | 0.86 | 0.85 | 0.85 | 0.85 | 0.87 | 1.00 | 1.12 | — | — | — | — | — | — | — | ||||||||
ServiceNow Inc. | — | 1.16 | 1.36 | 1.44 | 1.53 | 1.57 | 1.57 | 1.60 | 1.57 | 1.58 | 1.59 | 1.59 | 1.58 | 1.60 | 1.64 | 1.63 | 2.26 | 2.39 | 2.35 | 2.35 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31).
1 Q3 2023 Calculation
Equity turnover
= (RevenueQ3 2023
+ RevenueQ2 2023
+ RevenueQ1 2023
+ RevenueQ4 2022)
÷ Total Synopsys stockholders’ equity
= (1,487,288 + 1,394,863 + 1,361,340 + 1,284,292)
÷ 5,958,555 = 0.93
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Synopsys Inc. equity turnover ratio deteriorated from Q1 2023 to Q2 2023 but then improved from Q2 2023 to Q3 2023 exceeding Q1 2023 level. |