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Amphenol (Amphenol) Asset Turnover : 0.21 (As of Dec. 2023)


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What is Amphenol Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amphenol's Revenue for the three months ended in Dec. 2023 was $3,328 Mil. Amphenol's Total Assets for the quarter that ended in Dec. 2023 was $16,143 Mil. Therefore, Amphenol's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Amphenol's annualized ROE % for the quarter that ended in Dec. 2023 was 25.40%. It is also linked to ROA % through Du Pont Formula. Amphenol's annualized ROA % for the quarter that ended in Dec. 2023 was 12.75%.


Amphenol Asset Turnover Historical Data

The historical data trend for Amphenol'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.

Amphenol Asset Turnover Chart

Amphenol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.74 0.81 0.84 0.79

Amphenol Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.19 0.20 0.21 0.21

Competitive Comparison of Amphenol's Asset Turnover

For the Electronic Components subindustry, Amphenol'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.


Amphenol's Asset Turnover Distribution in the Hardware Industry

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

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



Amphenol Asset Turnover Calculation

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

Amphenol'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 )
=12554.7/( (15326.2+16526.4)/ 2 )
=12554.7/15926.3
=0.79

Amphenol'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 )
=3327.5/( (15759+16526.4)/ 2 )
=3327.5/16142.7
=0.21

* 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.


Amphenol  (NYSE:APH) Asset Turnover Explanation

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

Amphenol's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2057.6/8101.65
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2057.6 / 13310)*(13310 / 16142.7)*(16142.7/ 8101.65)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.46 %*0.8245*1.9925
=ROA %*Equity Multiplier
=12.75 %*1.9925
=25.40 %

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:

Amphenol's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2057.6/16142.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2057.6 / 13310)*(13310 / 16142.7)
=Net Margin %*Asset Turnover
=15.46 %*0.8245
=12.75 %

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.


Amphenol Asset Turnover Related Terms

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


Amphenol (Amphenol) Business Description

Traded in Other Exchanges
Address
358 Hall Avenue, Wallingford, CT, USA, 06492
Amphenol is a global supplier of connectors, sensors, and interconnect systems. Amphenol holds the second-largest connector market share globally and sells into the end markets of automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks. Amphenol is diversified geographically, with operations in 40 countries.
Executives
Robert Livingston director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jean-luc Gavelle officer: Senior Vice President LE GUA, 3, LESCOUT I0 81110
William J Doherty officer: Vice President 34 PIER 7, CHARLESTOWN MA 02129
Lance E D'amico officer: Sr. VP, Secretary & GenCounsel C/O UTI, SERVICES, INC., 19500 RANCHO WAY, SUITE 116, RANCHO DOMINGUEZ CA 90220
Richard Adam Norwitt officer: VP & GROUP GM, RF & MICRO PROD
Craig A Lampo officer: VP & CONTROLLER 163 STAGECOACH ROAD, DURHAM CT 06422
Luc Walter officer: SR VP & GGM EUR MIL & AERO OPS
Prahlad R. Singh director 940 WINTER STREET, PERKINELMER, WALTHAM MA 024511457
David M Silverman officer: Vice President, Human Resource 20 CRANBROOK ROAD, WEST HARTFORD CT 06117
Martin Booker officer: VP & Grp General Mgr, AIPG 531 GIFFORD HILL ROAD, ONEONTA NY 13820
Nancy A. Altobello director 520 MADISON AVENUE, NEW YORK NY 10022
Richard Gu officer: VP,Grp GM Mobile Consumer Prod 9208 PAULESHIN CRESCENT, RICHMOND A1 V7E 6P2
Zachary W Raley officer: VP GGM WW RF & MICRO PROD 17 POND MEADOW ROAD, KILLINGWORTH CT 06419
Dieter Ehrmanntraut officer: VP & Grp GM, Automotive Prod GOETHESTRASSE 17, BERGHEIM 2M 50126
Rita S. Lane director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196