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Atmel (ATML) Asset Turnover : 0.20 (As of Dec. 2015)


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What is Atmel Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Atmel's Revenue for the three months ended in Dec. 2015 was $261 Mil. Atmel's Total Assets for the quarter that ended in Dec. 2015 was $1,281 Mil. Therefore, Atmel's Asset Turnover for the quarter that ended in Dec. 2015 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Atmel's annualized ROE % for the quarter that ended in Dec. 2015 was 2.17%. It is also linked to ROA % through Du Pont Formula. Atmel's annualized ROA % for the quarter that ended in Dec. 2015 was 1.47%.


Atmel Asset Turnover Historical Data

The historical data trend for Atmel's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atmel Asset Turnover Chart

Atmel Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.97 1.00 1.04 0.89

Atmel Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.24 0.23 0.22 0.20

Competitive Comparison of Atmel's Asset Turnover

For the Semiconductors subindustry, Atmel's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atmel's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Atmel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Atmel's Asset Turnover falls into.



Atmel Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Atmel's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=1172.456/( (1362.304+1260.418)/ 2 )
=1172.456/1311.361
=0.89

Atmel's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=261.282/( (1300.898+1260.418)/ 2 )
=261.282/1280.658
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Atmel  (NAS:ATML) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Atmel's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=18.792/865.9895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.792 / 1045.128)*(1045.128 / 1280.658)*(1280.658/ 865.9895)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.8 %*0.8161*1.4788
=ROA %*Equity Multiplier
=1.47 %*1.4788
=2.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Atmel's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=18.792/1280.658
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.792 / 1045.128)*(1045.128 / 1280.658)
=Net Margin %*Asset Turnover
=1.8 %*0.8161
=1.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Atmel Asset Turnover Related Terms

Thank you for viewing the detailed overview of Atmel's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Atmel (ATML) Business Description

Traded in Other Exchanges
N/A
Address
Atmel Corp was originally incorporated in California on December 5, 1984 and was reincorporated in Delaware in October 1999. The Company designs, develops and supplies microcontrollers, which are self-contained computers-on-a-chip. It organizes its business into four reportable operating segments; Microcontrollers, Nonvolatile Memories, Radio Frequency, and Application Specific Integrated Circuits. Its Microcontrollers segment includes Atmel's maXTouch capacitive touch product families and its general purpose microcontroller and microprocessor families, AVR 8-bit and 32-bit products, ARM based products, Atmel's 8051 8-bit products, designated commercial wireless products, including low power radio and SOC products that meet Zigbee and Wi-Fi specifications and optimized products for mobile sensor hub, smart energy, touch button and LED lighting applications. Its Nonvolatile Memories segment includes electrically erasable programmable read-only "EEPROM" and erasable programmable read-only memory "EPROM" devices. Its Radio Frequency and Automotive segment includes automotive electronics, wireless and wired devices for industrial, consumer and automotive applications and foundry services. Its Application Specific Integrated Circuits segment includes custom application specific integrated circuits designed to meet specialized single-customer requirements for its high performance devices, including products that provide hardware security for embedded digital systems, products with military and aerospace applications and application specific standard products for space applications, power management and secure cryptographic memory products. The Company markets its products in various countries to a diverse base of OEMs serving commercial markets. It also sells its products to OEM accounts through its direct sales force, using manufacturers' representatives or through national and regional distributors. It sells its products in United States, Asia and Europe. Throughout its product line, the Company competes with a number of semiconductor manufacturers, such as Cypress, Freescale, Infineon, Intel, Microchip, NXP Semiconductors, ON Semiconductor, Renesas, Samsung, Silicon Labs, Spansion, STMicroelectronics, Synaptics, and Texas Instruments. The Company relies on patents, copyrights, trademarks and trade secrets, as well as nondisclosure agreements and other methods to protect its proprietary technologies and processes.
Executives
Steven Laub director, officer: President & CEO 5555 NE MOORE CT., HILLSBORO OR 97124
Stephen A Skaggs officer: SVP & CFO 5555 NE MOORE CT., HILLSBORO OR 97124
Charles Carinalli director
David Sugishita director 2325 ORCHARD PARKWAY, SAN JOSE CA 95131
Jack L Saltich director 9460 NORTH 57TH STREET, PARADISE VALLEY AZ 85253
Papken Der Torossian director 1250 RELIANCE WAY, FREMONT CA 94539
Jamie Samath officer: VP & Corporate Controller NATIONAL SEMICONDUCTOR, 2900 SEMICONDUCTOR DR, M/S C1-640, SANTA CLARA CA 95051
Stephen Cumming officer: VP Finance and CFO 2325 ORCHARD PARKWAY, SAN JOSE CA 95131
Walter Lifsey officer: EVP & Chief Operating Officer C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
T Peter Thomas director 3000 SAND HILL ROAD, 2-290 MENLO PARK CA 94025
Francis P Barton director C/O INVENTERGY GLOBAL, INC., 900 E. HAMILTON AVENUE, SUITE 180, CAMPBELL CA 95008

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