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AMPX (Amprius Technologies) Asset Turnover : 0.07 (As of Sep. 2024)


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What is Amprius Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amprius Technologies's Revenue for the three months ended in Sep. 2024 was $7.86 Mil. Amprius Technologies's Total Assets for the quarter that ended in Sep. 2024 was $108.48 Mil. Therefore, Amprius Technologies's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Amprius Technologies's annualized ROE % for the quarter that ended in Sep. 2024 was -71.66%. It is also linked to ROA % through Du Pont Formula. Amprius Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was -40.01%.


Amprius Technologies Asset Turnover Historical Data

The historical data trend for Amprius Technologies'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.

Amprius Technologies Asset Turnover Chart

Amprius Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.70 0.22 0.08 0.09

Amprius Technologies Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.03 0.04 0.02 0.03 0.07

Competitive Comparison of Amprius Technologies's Asset Turnover

For the Electrical Equipment & Parts subindustry, Amprius Technologies'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.


Amprius Technologies's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amprius Technologies's Asset Turnover distribution charts can be found below:

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



Amprius Technologies Asset Turnover Calculation

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

Amprius Technologies's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=8.791/( (83.171+107.736)/ 2 )
=8.791/95.4535
=0.09

Amprius Technologies's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7.855/( (112.759+104.207)/ 2 )
=7.855/108.483
=0.07

* 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.


Amprius Technologies  (NYSE:AMPX) Asset Turnover Explanation

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

Amprius Technologies's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-43.4/60.564
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.4 / 31.42)*(31.42 / 108.483)*(108.483/ 60.564)
=Net Margin %*Asset Turnover*Equity Multiplier
=-138.13 %*0.2896*1.7912
=ROA %*Equity Multiplier
=-40.01 %*1.7912
=-71.66 %

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

Amprius Technologies's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-43.4/108.483
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-43.4 / 31.42)*(31.42 / 108.483)
=Net Margin %*Asset Turnover
=-138.13 %*0.2896
=-40.01 %

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


Amprius Technologies Asset Turnover Related Terms

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Amprius Technologies Business Description

Traded in Other Exchanges
N/A
Address
1180 Page Avenue, Fremont, CA, USA, 94538
Amprius Technologies Inc is engaged in the production of silicon anodes for high energy density lithium-ion batteries. The company's batteries are used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. All of its revenues is geographically earned in the United States.
Executives
Sandra Wallach officer: Chief Financial Officer C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Jonathan Bornstein officer: Chief Operating Officer 1180 PAGE AVENUE, FREMONT CA 94538
Stefan Constantin Ionel officer: Chief Technology Officer 1180 PAGE AVENUE, FREMONT CA 94538
Kang Sun director, officer: See Remarks 1180 PAGE AVENUE, FREMONT CA 94538
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Amprius, Inc. 10 percent owner 1180 PAGE AVENUE, FREMONT CA 94538
Mary Gustanski director C/O DELPHI TECHNOLOGIES PLC, COURTENEY ROAD HOATH WAY, GILLINGHAM, KENT X0 X0 ME8 0RU
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Donald R Dixon director 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Steven Chu director NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95050
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Dieter Zetsche officer: Vice Chairman and President ROSENGARTENSTR. 48, STUTTGART 2M 70184
Kensington Capital Sponsor Iv Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
Nicole Nason director 17 PIONEER MILL WAY, ALEXANDRIA VA 22314