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: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Western Digital Corp. net fixed asset turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Western Digital Corp. total asset turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Western Digital Corp. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Net Fixed Asset Turnover
Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
Revenue, net | 3,032) | 2,750) | 2,672) | 2,803) | 3,107) | 3,736) | 4,528) | 4,381) | 4,833) | 5,051) | 4,920) | 4,137) | 3,943) | 3,922) | 4,287) | 4,175) | 4,234) | 4,040) | 3,634) | 3,674) | 4,233) | 5,028) | 5,117) | 5,013) | 5,336) | 5,181) | ||||||||
Property, plant and equipment, net | 3,315) | 3,371) | 3,620) | 3,668) | 3,688) | 3,718) | 3,670) | 3,488) | 3,367) | 3,260) | 3,188) | 3,061) | 2,918) | 2,897) | 2,854) | 2,735) | 2,722) | 2,796) | 2,843) | 3,031) | 3,077) | 3,054) | 3,095) | 3,011) | 3,054) | 3,048) | ||||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
Net fixed asset turnover1 | 3.40 | 3.36 | 3.40 | 3.86 | 4.27 | 4.70 | 5.12 | 5.50 | 5.63 | 5.54 | 5.31 | 5.32 | 5.60 | 5.74 | 5.86 | 5.88 | 5.72 | 5.57 | 5.83 | 5.96 | 6.30 | 6.71 | 6.67 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
Apple Inc. | 8.76 | 8.83 | 8.77 | 8.82 | 8.87 | 9.02 | 9.36 | 9.61 | 9.82 | 9.64 | 9.28 | 8.99 | 8.61 | 7.75 | 7.47 | 7.67 | 7.47 | 7.23 | 6.96 | — | — | — | — | — | — | — | ||||||||
Arista Networks Inc. | 65.55 | 62.08 | 57.69 | 54.54 | 51.74 | 49.98 | 46.11 | 40.75 | 38.14 | 36.13 | 37.49 | 36.78 | 81.23 | 75.84 | 71.90 | 68.00 | 64.39 | 61.85 | 61.38 | — | — | — | — | — | — | — | ||||||||
Cisco Systems Inc. | 28.55 | 28.96 | 27.34 | 26.82 | 27.07 | 26.52 | 25.82 | 25.21 | 24.09 | 22.69 | 21.31 | 20.64 | 20.13 | 19.93 | 20.10 | 19.95 | 19.67 | 19.48 | 18.61 | — | — | — | — | — | — | — | ||||||||
Dell Technologies Inc. | 14.97 | 15.51 | 16.48 | 18.00 | 18.53 | 18.99 | 18.69 | 14.34 | 14.47 | 14.48 | 14.65 | 14.52 | 14.34 | 15.11 | 15.22 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Super Micro Computer Inc. | 31.14 | 25.34 | 24.54 | 22.67 | 22.98 | 20.69 | 18.17 | 16.40 | 14.88 | 13.47 | 12.95 | 12.74 | 12.77 | 13.65 | 14.28 | 14.31 | 14.82 | 15.67 | 16.88 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Q2 2024 Calculation
Net fixed asset turnover
= (Revenue, netQ2 2024
+ Revenue, netQ1 2024
+ Revenue, netQ4 2023
+ Revenue, netQ3 2023)
÷ Property, plant and equipment, net
= (3,032 + 2,750 + 2,672 + 2,803)
÷ 3,315 = 3.40
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. | Western Digital Corp. net fixed asset turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |
Total Asset Turnover
Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
Revenue, net | 3,032) | 2,750) | 2,672) | 2,803) | 3,107) | 3,736) | 4,528) | 4,381) | 4,833) | 5,051) | 4,920) | 4,137) | 3,943) | 3,922) | 4,287) | 4,175) | 4,234) | 4,040) | 3,634) | 3,674) | 4,233) | 5,028) | 5,117) | 5,013) | 5,336) | 5,181) | ||||||||
Total assets | 24,385) | 24,001) | 24,429) | 25,151) | 25,047) | 25,686) | 26,259) | 25,699) | 26,025) | 26,391) | 26,132) | 25,409) | 25,552) | 25,402) | 25,662) | 25,509) | 25,860) | 26,280) | 26,370) | 26,913) | 27,939) | 28,705) | 29,235) | 29,004) | 29,840) | 30,505) | ||||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
Total asset turnover1 | 0.46 | 0.47 | 0.50 | 0.56 | 0.63 | 0.68 | 0.72 | 0.75 | 0.73 | 0.68 | 0.65 | 0.64 | 0.64 | 0.65 | 0.65 | 0.63 | 0.60 | 0.59 | 0.63 | 0.67 | 0.69 | 0.71 | 0.71 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
Apple Inc. | 1.13 | 1.09 | 1.09 | 1.15 | 1.16 | 1.12 | 1.12 | 1.15 | 1.10 | 0.99 | 1.04 | 1.05 | 0.97 | 0.83 | 0.85 | 0.86 | 0.84 | 0.79 | 0.77 | — | — | — | — | — | — | — | ||||||||
Arista Networks Inc. | 0.54 | 0.58 | 0.59 | 0.62 | 0.64 | 0.64 | 0.65 | 0.64 | 0.60 | 0.52 | 0.51 | 0.51 | 0.50 | 0.50 | 0.49 | 0.50 | 0.52 | 0.57 | 0.58 | — | — | — | — | — | — | — | ||||||||
Cisco Systems Inc. | 0.57 | 0.59 | 0.56 | 0.56 | 0.55 | 0.56 | 0.55 | 0.56 | 0.55 | 0.53 | 0.51 | 0.52 | 0.50 | 0.51 | 0.52 | 0.55 | 0.57 | 0.56 | 0.53 | — | — | — | — | — | — | — | ||||||||
Dell Technologies Inc. | 1.09 | 1.15 | 1.14 | 1.24 | 1.20 | 1.18 | 1.09 | 0.73 | 0.79 | 0.78 | 0.76 | 0.77 | 0.75 | 0.77 | 0.78 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Super Micro Computer Inc. | 1.71 | 1.80 | 1.94 | 2.06 | 2.16 | 1.82 | 1.62 | 1.51 | 1.56 | 1.58 | 1.59 | 1.69 | 1.72 | 1.82 | 1.74 | 1.68 | 1.81 | 1.96 | 2.08 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Q2 2024 Calculation
Total asset turnover
= (Revenue, netQ2 2024
+ Revenue, netQ1 2024
+ Revenue, netQ4 2023
+ Revenue, netQ3 2023)
÷ Total assets
= (3,032 + 2,750 + 2,672 + 2,803)
÷ 24,385 = 0.46
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. | Western Digital Corp. total asset turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Equity Turnover
Dec 29, 2023 | Sep 29, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 30, 2022 | Sep 30, 2022 | Jul 1, 2022 | Apr 1, 2022 | Dec 31, 2021 | Oct 1, 2021 | Jul 2, 2021 | Apr 2, 2021 | Jan 1, 2021 | Oct 2, 2020 | Jul 3, 2020 | Apr 3, 2020 | Jan 3, 2020 | Oct 4, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 28, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 29, 2017 | Sep 29, 2017 | |||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
Revenue, net | 3,032) | 2,750) | 2,672) | 2,803) | 3,107) | 3,736) | 4,528) | 4,381) | 4,833) | 5,051) | 4,920) | 4,137) | 3,943) | 3,922) | 4,287) | 4,175) | 4,234) | 4,040) | 3,634) | 3,674) | 4,233) | 5,028) | 5,117) | 5,013) | 5,336) | 5,181) | ||||||||
Shareholders’ equity | 10,944) | 10,989) | 11,723) | 12,487) | 12,115) | 12,107) | 12,221) | 11,984) | 12,018) | 11,361) | 10,721) | 9,949) | 9,829) | 9,576) | 9,551) | 9,243) | 9,379) | 9,566) | 9,967) | 10,214) | 10,912) | 11,375) | 11,531) | 11,300) | 11,272) | 12,059) | ||||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
Equity turnover1 | 1.03 | 1.03 | 1.05 | 1.14 | 1.30 | 1.44 | 1.54 | 1.60 | 1.58 | 1.59 | 1.58 | 1.64 | 1.66 | 1.74 | 1.75 | 1.74 | 1.66 | 1.63 | 1.66 | 1.77 | 1.78 | 1.80 | 1.79 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Equity Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
Apple Inc. | 5.14 | 5.21 | 6.17 | 6.37 | 6.20 | 6.83 | 7.78 | 6.67 | 5.73 | 5.26 | 5.80 | 5.40 | 4.70 | 4.44 | 4.20 | 3.79 | 3.42 | 2.99 | 2.88 | — | — | — | — | — | — | — | ||||||||
Arista Networks Inc. | 0.75 | 0.77 | 0.81 | 0.86 | 0.90 | 0.91 | 0.90 | 0.90 | 0.87 | 0.76 | 0.74 | 0.72 | 0.71 | 0.71 | 0.70 | 0.72 | 0.75 | 0.82 | 0.83 | — | — | — | — | — | — | — | ||||||||
Cisco Systems Inc. | 1.24 | 1.28 | 1.29 | 1.30 | 1.28 | 1.30 | 1.30 | 1.28 | 1.31 | 1.19 | 1.21 | 1.21 | 1.23 | 1.26 | 1.30 | 1.42 | 1.45 | 1.51 | 1.55 | — | — | — | — | — | — | — | ||||||||
Dell Technologies Inc. | — | — | — | — | — | — | — | 11.09 | 19.97 | 27.22 | 38.01 | 104.35 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Super Micro Computer Inc. | 3.01 | 3.41 | 3.61 | 3.72 | 3.65 | 3.70 | 3.64 | 3.63 | 3.51 | 3.38 | 3.25 | 3.21 | 3.06 | 3.08 | 3.13 | 3.18 | 3.26 | 3.43 | 3.72 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-29), 10-Q (reporting date: 2023-09-29), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-30), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-K (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-Q (reporting date: 2021-01-01), 10-Q (reporting date: 2020-10-02), 10-K (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03), 10-Q (reporting date: 2020-01-03), 10-Q (reporting date: 2019-10-04), 10-K (reporting date: 2019-06-28), 10-Q (reporting date: 2019-03-29), 10-Q (reporting date: 2018-12-28), 10-Q (reporting date: 2018-09-28), 10-K (reporting date: 2018-06-29), 10-Q (reporting date: 2018-03-30), 10-Q (reporting date: 2017-12-29), 10-Q (reporting date: 2017-09-29).
1 Q2 2024 Calculation
Equity turnover
= (Revenue, netQ2 2024
+ Revenue, netQ1 2024
+ Revenue, netQ4 2023
+ Revenue, netQ3 2023)
÷ Shareholders’ equity
= (3,032 + 2,750 + 2,672 + 2,803)
÷ 10,944 = 1.03
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. | Western Digital Corp. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |