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Radisys (Radisys) Asset Turnover : 0.48 (As of Sep. 2018)


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What is Radisys Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Radisys's Revenue for the three months ended in Sep. 2018 was $27.0 Mil. Radisys's Total Assets for the quarter that ended in Sep. 2018 was $56.9 Mil. Therefore, Radisys's Asset Turnover for the quarter that ended in Sep. 2018 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. Radisys's annualized ROE % for the quarter that ended in Sep. 2018 was 116.26%. It is also linked to ROA % through Du Pont Formula. Radisys's annualized ROA % for the quarter that ended in Sep. 2018 was -13.17%.


Radisys Asset Turnover Historical Data

The historical data trend for Radisys'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.

Radisys Asset Turnover Chart

Radisys Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.14 1.13 1.44 1.38

Radisys Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.27 0.43 0.41 0.42 0.48

Competitive Comparison of Radisys's Asset Turnover

For the Computer Hardware subindustry, Radisys'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.


Radisys's Asset Turnover Distribution in the Hardware Industry

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

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



Radisys Asset Turnover Calculation

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

Radisys's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=133.768/( (128.185+66.029)/ 2 )
=133.768/97.107
=1.38

Radisys's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=27.023/( (55.927+57.835)/ 2 )
=27.023/56.881
=0.48

* 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.


Radisys  (NAS:RSYS) Asset Turnover Explanation

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

Radisys's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-7.492/-6.444
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.492 / 108.092)*(108.092 / 56.881)*(56.881/ -6.444)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.93 %*1.9003*-8.827
=ROA %*Equity Multiplier
=-13.17 %*-8.827
=116.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Radisys's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-7.492/56.881
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.492 / 108.092)*(108.092 / 56.881)
=Net Margin %*Asset Turnover
=-6.93 %*1.9003
=-13.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Radisys Asset Turnover Related Terms

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


Radisys (Radisys) Business Description

Traded in Other Exchanges
N/A
Address
Radisys Corp is a provider of computer systems in the United States. Its products include hyper-scale software-defined infrastructure, service aware traffic distribution platforms, real-time media processing engines and wireless access technologies. Its products and services fall within two operating segments: Software-Systems and Hardware Solutions. Software-Systems products are targeted at delivering differentiated solutions for service providers, specifically within telecommunications, to enable their deployment of next-generation networks and technologies. Hardware Solutions include open-standards-based DCEngine product family as well as its legacy embedded products portfolio which accounts for most of the company's revenues.
Executives
Stephen L Domenik director C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Pesquidoux Hubert De director TEKELEC, 5200 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Lorene K Steffes director INTL BUS MACHINES CORP OFF 1S 501, 1133 WESTCHESTER AVE, WHITE PLAINS NY 10604
Allen L. Muhich officer: CFO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
David Nierenberg 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Co 10 percent owner 19605 NE 8TH ST, CAMAS WA 98607
D3 Offshore Fund Lp 10 percent owner 19605 NE 8TH ST CAMAS WA 98607
Nierenberg Investment Management Offshore Inc 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
Kevin C Melia director
D3 Family Canadian Fund, L.p. 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
D3 Family Bulldog Fund Lp 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
D3 Family Fund Lp 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
Amit Agarwal officer: VP & GM, Software & Solutions 5435 NE DAWSON CREEK DR., HILLSBORO OR 97124
Richard J Faubert director 14242 S CANYON DR, PHOENIX AZ 85048

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