Stock Analysis on Net
Stock Analysis on Net

Palantir Technologies Inc. (NYSE:PLTR)

Total Asset Turnover
since 2020

Microsoft Excel

Calculation

Palantir Technologies Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Revenue1 ÷ Total assets1
Dec 31, 2023 0.49 = 2,225,012 ÷ 4,522,425
Dec 31, 2022 0.55 = 1,905,871 ÷ 3,461,239
Dec 31, 2021 0.47 = 1,541,889 ÷ 3,247,450
Dec 31, 2020 0.41 = 1,092,673 ÷ 2,690,504

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 US$ in thousands

Comparison to Competitors

Palantir Technologies Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Palantir Technologies Inc. Accenture PLC Adobe Inc. Cadence Design Systems Inc. CrowdStrike Holdings Inc. International Business Machines Corp. Intuit Inc. Microsoft Corp. Oracle Corp. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc.
Dec 31, 2023 0.49 1.25 0.65 0.72 0.45 0.46 0.52 0.51 0.37 0.48 0.32 0.52 0.57
Dec 31, 2022 0.55 1.30 0.65 0.69 0.40 0.48 0.46 0.54 0.39 0.45 0.28 0.54 0.54
Dec 31, 2021 0.47 1.17 0.58 0.68 0.32 0.43 0.62 0.50 0.31 0.42 0.32 0.55 0.48
Dec 31, 2020 0.41 1.20 0.53 0.68 0.34 0.47 0.70 0.47 0.34 0.38 0.31 0.52 0.46

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Comparison to Sector (Software & Services)

Palantir Technologies Inc., total asset turnover, long-term trends, comparison to sector (software & services)

Microsoft Excel
Palantir Technologies Inc. Software & Services
Dec 31, 2023 0.49 0.51
Dec 31, 2022 0.55 0.53
Dec 31, 2021 0.47 0.49
Dec 31, 2020 0.41 0.48

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Comparison to Industry (Information Technology)

Palantir Technologies Inc., total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel
Palantir Technologies Inc. Information Technology
Dec 31, 2023 0.49 0.61
Dec 31, 2022 0.55 0.65
Dec 31, 2021 0.47 0.62
Dec 31, 2020 0.41 0.58

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).