GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amkor Technology Inc (NAS:AMKR) » Definitions » Asset Turnover

AMKR (Amkor Technology) Asset Turnover : 0.23 (As of Dec. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Amkor Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amkor Technology's Revenue for the three months ended in Dec. 2024 was $1,629 Mil. Amkor Technology's Total Assets for the quarter that ended in Dec. 2024 was $6,987 Mil. Therefore, Amkor Technology's Asset Turnover for the quarter that ended in Dec. 2024 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Amkor Technology's annualized ROE % for the quarter that ended in Dec. 2024 was 10.17%. It is also linked to ROA % through Du Pont Formula. Amkor Technology's annualized ROA % for the quarter that ended in Dec. 2024 was 6.05%.


Amkor Technology Asset Turnover Historical Data

The historical data trend for Amkor Technology'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.

Amkor Technology Asset Turnover Chart

Amkor Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.11 1.10 0.96 0.92

Amkor Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.26 0.20 0.22 0.27 0.23

Competitive Comparison of Amkor Technology's Asset Turnover

For the Semiconductor Equipment & Materials subindustry, Amkor Technology'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.


Amkor Technology's Asset Turnover Distribution in the Semiconductors Industry

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

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


;
;

Amkor Technology Asset Turnover Calculation

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

Amkor Technology's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=6317.692/( (6771.125+6944.328)/ 2 )
=6317.692/6857.7265
=0.92

Amkor Technology's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1629.118/( (7029.086+6944.328)/ 2 )
=1629.118/6986.707
=0.23

* 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.


Amkor Technology  (NAS:AMKR) Asset Turnover Explanation

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

Amkor Technology's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=422.596/4156.583
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(422.596 / 6516.472)*(6516.472 / 6986.707)*(6986.707/ 4156.583)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.49 %*0.9327*1.6809
=ROA %*Equity Multiplier
=6.05 %*1.6809
=10.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Amkor Technology's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=422.596/6986.707
=(Net Income / Revenue)*(Revenue / Total Assets)
=(422.596 / 6516.472)*(6516.472 / 6986.707)
=Net Margin %*Asset Turnover
=6.49 %*0.9327
=6.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Amkor Technology Asset Turnover Related Terms

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


Amkor Technology Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a OSAT (outsourced semiconductor assembly and test) service provider. It has pioneered the outsourcing of integrated circuit (IC) packaging and test services and is a strategic manufacturing partner for the semiconductor companies, foundries, and electronics original equipment manufacturers (OEMs). The firm's products are organized into two categories namely advanced products that include flip chip, fine pitch bumping, wafer-level processing, advanced SiPs, power modules, and others, and Mainstream products that includes wirebond packaging and testing. The company derives maximum revenue from the advanced products category. The company derives majority of its revenue from Foreign states.
Executives
Kevin Engel officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
David D Kim other: See Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
James J Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Agnes C Kim other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Sujoda Investments, Lp other: Member of 10% owner group (5) 854 MT. PLEASANT ROAD, BRYN MAWR PA 19010
Sujoda Management, Llc other: Member of 10% owner group (3) 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Susan Y Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
John T Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Rutten Guillaume Marie Jean officer: Executive Vice President 1900 S. PRICE ROAD, CHANDLER AZ 85286
Winston J Churchill director C/O SCP PARTNERS, SUITE 300, 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Tily Gil Coleman officer: Corp VP & General Counsel 1900 S. PRICE ROAD, CHANDLER AZ 85248
Mark N Rogers officer: EVP & General Counsel 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Megan Faust officer: See Remarks 2045 E INNOVATION CIRCLE, TEMPE AZ 85284
Farshad Haghighi officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087