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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Asset Turnover

: 0.10 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MACOM Technology Solutions Holdings's Revenue for the three months ended in Dec. 2023 was $157.1 Mil. MACOM Technology Solutions Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,602.0 Mil. Therefore, MACOM Technology Solutions Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. MACOM Technology Solutions Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 5.08%. It is also linked to ROA % through Du Pont Formula. MACOM Technology Solutions Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 3.13%.


MACOM Technology Solutions Holdings Asset Turnover Historical Data

The historical data trend for MACOM Technology Solutions Holdings'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.

MACOM Technology Solutions Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.47 0.53 0.50 0.42

MACOM Technology Solutions Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.09 0.09 0.10

Competitive Comparison

For the Semiconductors subindustry, MACOM Technology Solutions Holdings'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.


MACOM Technology Solutions Holdings Asset Turnover Distribution

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

* The bar in red indicates where MACOM Technology Solutions Holdings's Asset Turnover falls into.



MACOM Technology Solutions Holdings Asset Turnover Calculation

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

MACOM Technology Solutions Holdings's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=648.407/( (1571.817+1553.244)/ 2 )
=648.407/1562.5305
=0.41

MACOM Technology Solutions Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=157.148/( (1553.244+1650.802)/ 2 )
=157.148/1602.023
=0.10

* 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.


MACOM Technology Solutions Holdings  (NAS:MTSI) Asset Turnover Explanation

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

MACOM Technology Solutions Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=50.104/985.8455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.104 / 628.592)*(628.592 / 1602.023)*(1602.023/ 985.8455)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.97 %*0.3924*1.625
=ROA %*Equity Multiplier
=3.13 %*1.625
=5.08 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

MACOM Technology Solutions Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=50.104/1602.023
=(Net Income / Revenue)*(Revenue / Total Assets)
=(50.104 / 628.592)*(628.592 / 1602.023)
=Net Margin %*Asset Turnover
=7.97 %*0.3924
=3.13 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


MACOM Technology Solutions Holdings Asset Turnover Related Terms

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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Business Description

Traded in Other Exchanges
Address
100 Chelmsford Street, Lowell, MA, USA, 01851
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.
Executives
Robert Dennehy officer: SVP, Operations 100 CHELMSFORD STREET, LOWELL MA 01851
Stephen G Daly director 100 CHELMSFORD STREET, LOWELL MA 01851
Douglas J Carlson officer: SVP & GM, RF & Microwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC., 100 CHELMSFORD ST., LOWELL MA 01851
Dong Hyun Hwang officer: SVP, Global Sales 100 CHELMSFORD STREET, LOWELL MA 01851
John Kober officer: Senior VP and CFO MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD STREET, LOWELL MA 01851
Ambra R. Roth officer: SVP, GC, HR & Secretary C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
John L Ocampo director, 10 percent owner, officer: Chairman 100 CHELMSFORD STREET, LOWELL MA 01851
Geoffrey G Ribar director
Wayne Mack Struble officer: SVP, Advanced Semiconductor C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Jihye Whang Rosenband director C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Peter Y Chung director, other: Indirect GP of 10% Owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Charles R Bland director
John Ritchie director 303 VELOCITY WAY, FOSTER CITY X1 94404
Hegarty Conor Noel officer: PFO and PAO C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Vivek Rajgarhia officer: SVP & GM, Lightwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD ST., LOWELL MA 01851