Analysis of Geographic Areas
NVIDIA Corp. operates in 3 regions: United States; Taiwan; and Other countries.
Area Asset Turnover
NVIDIA Corp., asset turnover by geographic area
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 10.39 | 3.21 | 2.15 | 1.96 | 0.57 | 1.19 |
| Taiwan | 17.34 | 9.95 | 22.54 | 24.76 | 26.54 | 24.53 |
| Other countries | 37.64 | 22.58 | 37.29 | 27.65 | 64.28 | 62.84 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| Other countries | Other countries area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
NVIDIA Corp.; United States; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 26,966) | 8,292) | 4,349) | 3,214) | 886) | 1,506) |
| Long-lived assets | 2,595) | 2,587) | 2,023) | 1,643) | 1,568) | 1,266) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 10.39 | 3.21 | 2.15 | 1.96 | 0.57 | 1.19 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 26,966 ÷ 2,595 = 10.39
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Taiwan
NVIDIA Corp.; Taiwan; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 13,405) | 6,986) | 8,544) | 4,531) | 3,025) | 3,360) |
| Long-lived assets | 773) | 702) | 379) | 183) | 114) | 137) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 17.34 | 9.95 | 22.54 | 24.76 | 26.54 | 24.53 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 13,405 ÷ 773 = 17.34
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Area Asset Turnover: Other countries
NVIDIA Corp.; Other countries; area asset turnover calculation
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 20,551) | 11,696) | 14,021) | 8,930) | 7,007) | 6,850) |
| Long-lived assets | 546) | 518) | 376) | 323) | 109) | 109) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 37.64 | 22.58 | 37.29 | 27.65 | 64.28 | 62.84 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 20,551 ÷ 546 = 37.64
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other countries | Other countries area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Revenue
NVIDIA Corp., revenue by geographic area
US$ in millions
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 26,966) | 8,292) | 4,349) | 3,214) | 886) | 1,506) |
| Taiwan | 13,405) | 6,986) | 8,544) | 4,531) | 3,025) | 3,360) |
| Other countries | 20,551) | 11,696) | 14,021) | 8,930) | 7,007) | 6,850) |
| Total | 60,922) | 26,974) | 26,914) | 16,675) | 10,918) | 11,716) |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).
Long-lived assets
NVIDIA Corp., long-lived assets by geographic area
US$ in millions
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Jan 26, 2020 | Jan 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 2,595) | 2,587) | 2,023) | 1,643) | 1,568) | 1,266) |
| Taiwan | 773) | 702) | 379) | 183) | 114) | 137) |
| Other countries | 546) | 518) | 376) | 323) | 109) | 109) |
| Total | 3,914) | 3,807) | 2,778) | 2,149) | 1,791) | 1,512) |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-26), 10-K (reporting date: 2019-01-27).