Workday's Total Assets for the quarter that ended in Apr. 2023 was $13,253 Mil.
Warning Sign:
If a company builds assets at 30.3% a year, faster than its revenue growth rate of 17.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Workday's average Total Assets Growth Rate was 5.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 30.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 48.40% per year.
During the past 13 years, Workday's highest 3-Year average Total Assets Growth Rate was 70.10%. The lowest was 14.80%. And the median was 57.95%.
Total Assets is connected with ROA %. Workday's annualizedROA % for the quarter that ended in Apr. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Workday's Asset Turnover for the quarter that ended in Apr. 2023 was 0.13.
Workday Total Assets Historical Data
The historical data trend for Workday's Total Assets 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.
Workday Annual Data
Trend
Jan14
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Total Assets
5,520.75
6,816.37
8,718.41
10,498.51
13,486.24
Workday Quarterly Data
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Total Assets
12,799.11
13,249.55
12,389.79
13,486.24
13,252.80
Workday Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Workday's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Apr. 2023) data.
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.
Total Assets is linked to total revenue through Asset Turnover.
Workday's Asset Turnover for the quarter that ended in Apr. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Workday Total Assets Related Terms
Thank you for viewing the detailed overview of Workday's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees.
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