Total Asset Turnover
since 2005
Calculation
Fair Isaac Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Sep 30, 2024 | 1.00 | = | 1,717,526) | ÷ | 1,717,884) |
| Sep 30, 2023 | 0.96 | = | 1,513,557) | ÷ | 1,575,281) |
| Sep 30, 2022 | 0.96 | = | 1,377,270) | ÷ | 1,442,034) |
| Sep 30, 2021 | 0.84 | = | 1,316,536) | ÷ | 1,567,776) |
| Sep 30, 2020 | 0.81 | = | 1,294,562) | ÷ | 1,606,240) |
| Sep 30, 2019 | 0.81 | = | 1,160,083) | ÷ | 1,433,448) |
| Sep 30, 2018 | 0.82 | = | 1,032,475) | ÷ | 1,255,079) |
| Sep 30, 2017 | 0.74 | = | 932,169) | ÷ | 1,255,620) |
| Sep 30, 2016 | 0.72 | = | 881,356) | ÷ | 1,221,052) |
| Sep 30, 2015 | 0.68 | = | 838,781) | ÷ | 1,230,163) |
| Sep 30, 2014 | 0.66 | = | 788,985) | ÷ | 1,192,298) |
| Sep 30, 2013 | 0.64 | = | 743,444) | ÷ | 1,161,547) |
| Sep 30, 2012 | 0.58 | = | 676,423) | ÷ | 1,158,611) |
| Sep 30, 2011 | 0.55 | = | 619,683) | ÷ | 1,129,468) |
| Sep 30, 2010 | 0.54 | = | 605,643) | ÷ | 1,123,716) |
| Sep 30, 2009 | 0.48 | = | 630,735) | ÷ | 1,303,888) |
| Sep 30, 2008 | 0.58 | = | 744,842) | ÷ | 1,275,253) |
| Sep 30, 2007 | 0.64 | = | 822,236) | ÷ | 1,275,771) |
| Sep 30, 2006 | 0.62 | = | 825,365) | ÷ | 1,321,205) |
| Sep 30, 2005 | 0.59 | = | 798,671) | ÷ | 1,351,061) |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
1 US$ in thousands
The analysis of total asset turnover from 2005 to 2024 reveals a long-term trajectory of increasing operational efficiency. While the period began with moderate turnover levels and experienced a significant contraction during the late 2000s, the subsequent decade and a half characterized a consistent improvement in the ability to generate revenue from the asset base, culminating in a ratio of 1.00 by 2024.
- Initial Volatility and Contraction (2005–2009)
- Between 2005 and 2007, the total asset turnover ratio increased slightly from 0.59 to 0.64. However, a sharp decline followed, reaching a period low of 0.48 in 2009. This downturn was primarily driven by a substantial reduction in revenues, which fell from 822 million in 2007 to 630 million in 2009, while the total asset base remained relatively stagnant around 1.3 billion.
- Steady Recovery and Scaling (2010–2017)
- Beginning in 2010, a sustained upward trend in asset utilization is observed. The ratio rose steadily from 0.54 in 2010 to 0.74 in 2017. This improvement was characterized by consistent revenue growth—increasing from 605 million to 932 million—while total assets were managed tightly, fluctuating only slightly between 1.1 billion and 1.25 billion. This indicates a successful scaling of operations without a proportional increase in asset requirements.
- Efficiency Acceleration and Parity (2018–2024)
- The most significant gains in efficiency occurred after 2017. The total asset turnover ratio jumped to 0.82 in 2018 and remained stable above 0.80 through 2021. A further acceleration occurred between 2021 and 2024, with the ratio climbing from 0.84 to 1.00. This final phase was driven by rapid revenue expansion, which grew from 1.3 billion in 2021 to 1.7 billion in 2024, effectively matching the total asset value of 1.7 billion by the end of the period.
Overall, the transition from a ratio of 0.59 in 2005 to 1.00 in 2024 demonstrates a fundamental shift in the asset-to-revenue relationship. The company has evolved from generating approximately 60 cents of revenue per dollar of assets to generating a full dollar of revenue per dollar of assets, reflecting enhanced capital productivity and operational leverage.
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Comparison to Competitors
Fair Isaac Corp., total asset turnover, long-term trends, comparison to competitors
| Fair Isaac Corp. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 30, 2024 | 1.00 | 1.16 | 0.71 | 0.80 | 0.52 | 0.46 | 0.46 | 0.51 | 0.48 | 0.38 | 0.45 | 0.40 | 0.35 | 0.54 | 0.47 | 0.44 |
| Sep 30, 2023 | 0.96 | 1.25 | 0.65 | 0.61 | 0.72 | 0.54 | 0.46 | 0.52 | 0.51 | 0.37 | 0.49 | 0.48 | 0.32 | 0.52 | 0.57 | 0.46 |
| Sep 30, 2022 | 0.96 | 1.30 | 0.65 | 0.48 | 0.69 | 0.56 | 0.48 | 0.46 | 0.54 | 0.39 | 0.55 | 0.45 | 0.28 | 0.54 | 0.54 | 0.49 |
| Sep 30, 2021 | 0.84 | 1.17 | 0.58 | 0.45 | 0.68 | 0.43 | 0.43 | 0.62 | 0.50 | 0.31 | 0.47 | 0.42 | 0.32 | 0.55 | 0.48 | 0.50 |
| Sep 30, 2020 | 0.81 | 1.20 | 0.53 | — | 0.68 | 0.32 | 0.47 | 0.70 | 0.47 | 0.34 | 0.41 | 0.38 | 0.31 | 0.52 | 0.46 | 0.53 |
| Sep 30, 2019 | 0.81 | 1.45 | 0.54 | — | 0.70 | 0.35 | 0.51 | 1.08 | 0.44 | 0.36 | — | 0.44 | 0.43 | 0.57 | 0.52 | 0.51 |
| Sep 30, 2018 | 0.82 | 1.70 | 0.48 | — | 0.87 | — | 0.65 | 1.15 | 0.43 | 0.29 | — | 0.39 | 0.50 | 0.67 | 0.51 | 0.43 |
| Sep 30, 2017 | 0.74 | 1.62 | 0.50 | — | 0.80 | — | 0.63 | 1.27 | 0.37 | 0.28 | — | 0.51 | 0.48 | 0.57 | 0.50 | 0.50 |
| Sep 30, 2016 | 0.72 | 1.69 | 0.46 | — | 0.87 | — | 0.68 | 1.10 | 0.44 | 0.33 | — | 0.50 | 0.52 | 0.68 | 0.46 | 0.43 |
| Sep 30, 2015 | 0.68 | 1.80 | 0.41 | — | 0.72 | — | 0.74 | 0.84 | 0.53 | 0.34 | — | 0.47 | 0.50 | 0.56 | 0.44 | 0.33 |
| Sep 30, 2014 | 0.66 | 1.78 | 0.38 | — | 0.49 | — | 0.79 | 0.87 | 0.50 | 0.42 | — | 0.40 | 0.44 | 0.48 | 0.43 | 0.22 |
| Sep 30, 2013 | 0.64 | 1.80 | 0.39 | — | 0.60 | — | 0.79 | 0.76 | 0.55 | 0.45 | — | 0.68 | 0.55 | 0.36 | 0.45 | 0.29 |
| Sep 30, 2012 | 0.58 | 1.79 | 0.44 | — | 0.58 | — | 0.88 | 0.89 | 0.61 | 0.47 | — | 0.63 | 0.54 | 0.51 | 0.42 | — |
| Sep 30, 2011 | 0.55 | 1.74 | 0.47 | — | 0.65 | — | 0.92 | 0.75 | 0.64 | 0.48 | — | — | 0.54 | — | 0.46 | — |
| Sep 30, 2010 | 0.54 | 1.80 | 0.47 | — | 0.54 | — | 0.88 | 0.66 | 0.73 | 0.44 | — | — | 0.53 | — | 0.42 | — |
| Sep 30, 2009 | 0.48 | 1.89 | 0.40 | — | 0.60 | — | 0.88 | 0.66 | 0.75 | 0.49 | — | — | 0.73 | — | 0.46 | — |
| Sep 30, 2008 | 0.58 | 2.04 | 0.61 | — | 0.62 | — | 0.95 | 0.66 | 0.83 | 0.47 | — | — | 0.69 | — | 0.49 | — |
| Sep 30, 2007 | 0.64 | 2.00 | 0.55 | — | 0.42 | — | 0.82 | 0.63 | 0.81 | 0.52 | — | — | 0.75 | — | 0.46 | — |
| Sep 30, 2006 | 0.62 | 1.94 | 0.43 | — | 0.43 | — | 0.89 | 0.85 | 0.64 | 0.50 | — | — | 0.71 | — | 0.51 | — |
| Sep 30, 2005 | 0.59 | 1.91 | 0.81 | — | 0.39 | — | 0.86 | 0.75 | 0.56 | 0.57 | — | — | 0.63 | — | 0.46 | — |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Sector (Software & Services)
Fair Isaac Corp., total asset turnover, long-term trends, comparison to sector (software & services)
| Fair Isaac Corp. | Software & Services | |
|---|---|---|
| Sep 30, 2024 | 1.00 | 0.49 |
| Sep 30, 2023 | 0.96 | 0.51 |
| Sep 30, 2022 | 0.96 | 0.53 |
| Sep 30, 2021 | 0.84 | 0.49 |
| Sep 30, 2020 | 0.81 | 0.48 |
| Sep 30, 2019 | 0.81 | 0.50 |
| Sep 30, 2018 | 0.82 | 0.51 |
| Sep 30, 2017 | 0.74 | 0.47 |
| Sep 30, 2016 | 0.72 | 0.54 |
| Sep 30, 2015 | 0.68 | 0.59 |
| Sep 30, 2014 | 0.66 | 0.61 |
| Sep 30, 2013 | 0.64 | 0.66 |
| Sep 30, 2012 | 0.58 | 0.72 |
| Sep 30, 2011 | 0.55 | 0.75 |
| Sep 30, 2010 | 0.54 | 0.76 |
| Sep 30, 2009 | 0.48 | 0.79 |
| Sep 30, 2008 | 0.58 | 0.86 |
| Sep 30, 2007 | 0.64 | 0.81 |
| Sep 30, 2006 | 0.62 | 0.78 |
| Sep 30, 2005 | 0.59 | 0.77 |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Industry (Information Technology)
Fair Isaac Corp., total asset turnover, long-term trends, comparison to industry (information technology)
| Fair Isaac Corp. | Information Technology | |
|---|---|---|
| Sep 30, 2024 | 1.00 | 0.58 |
| Sep 30, 2023 | 0.96 | 0.61 |
| Sep 30, 2022 | 0.96 | 0.64 |
| Sep 30, 2021 | 0.84 | 0.62 |
| Sep 30, 2020 | 0.81 | 0.58 |
| Sep 30, 2019 | 0.81 | 0.59 |
| Sep 30, 2018 | 0.82 | 0.59 |
| Sep 30, 2017 | 0.74 | 0.51 |
| Sep 30, 2016 | 0.72 | 0.55 |
| Sep 30, 2015 | 0.68 | 0.63 |
| Sep 30, 2014 | 0.66 | 0.64 |
| Sep 30, 2013 | 0.64 | 0.66 |
| Sep 30, 2012 | 0.58 | 0.70 |
| Sep 30, 2011 | 0.55 | 0.73 |
| Sep 30, 2010 | 0.54 | 0.72 |
| Sep 30, 2009 | 0.48 | 0.69 |
| Sep 30, 2008 | 0.58 | 0.79 |
| Sep 30, 2007 | 0.64 | 0.76 |
| Sep 30, 2006 | 0.62 | 0.75 |
| Sep 30, 2005 | 0.59 | 0.76 |
Based on: 10-K (reporting date: 2024-09-30), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).