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Control4 (Control4) Asset Turnover : 0.24 (As of Mar. 2019)


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What is Control4 Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Control4's Revenue for the three months ended in Mar. 2019 was $60.4 Mil. Control4's Total Assets for the quarter that ended in Mar. 2019 was $255.0 Mil. Therefore, Control4's Asset Turnover for the quarter that ended in Mar. 2019 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Control4's annualized ROE % for the quarter that ended in Mar. 2019 was -3.84%. It is also linked to ROA % through Du Pont Formula. Control4's annualized ROA % for the quarter that ended in Mar. 2019 was -3.09%.


Control4 Asset Turnover Historical Data

The historical data trend for Control4'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.

Control4 Asset Turnover Chart

Control4 Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.12 1.15 1.36 1.29 1.17

Control4 Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.28 0.33 0.33 0.30 0.24

Competitive Comparison of Control4's Asset Turnover

For the Electronic Components subindustry, Control4'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.


Control4's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Control4's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Control4's Asset Turnover falls into.



Control4 Asset Turnover Calculation

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

Control4's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=272.458/( (214.497+252.548)/ 2 )
=272.458/233.5225
=1.17

Control4's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=60.425/( (252.548+257.357)/ 2 )
=60.425/254.9525
=0.24

* 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.


Control4  (NAS:CTRL) Asset Turnover Explanation

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

Control4's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-7.88/205.098
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.88 / 241.7)*(241.7 / 254.9525)*(254.9525/ 205.098)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.26 %*0.948*1.2431
=ROA %*Equity Multiplier
=-3.09 %*1.2431
=-3.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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:

Control4's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-7.88/254.9525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.88 / 241.7)*(241.7 / 254.9525)
=Net Margin %*Asset Turnover
=-3.26 %*0.948
=-3.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Control4 Asset Turnover Related Terms

Thank you for viewing the detailed overview of Control4's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Control4 (Control4) Business Description

Traded in Other Exchanges
N/A
Address
11734 South Election Road, Salt Lake City, UT, USA, 84020
Control4 Corp provides solutions and products for the home improvement market. Its products comprise entertainment, smart lighting, comfort and convenience, safety and security and networking. The firm also offers products such as controllers, in-wall touch screens, amplifiers, switches, dimmers, speaker points, locks and receivers.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Jeremy A Jaech director PO BOX 485, MANSON WA 98831
Martin Plaehn director, officer: Chairman, CEO and President P.O. BOX 91123, SEATTLE WA 98111-9223
Michael N Schuh other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Charles Moldow other: Former 10% Owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Lp other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Warren M Weiss other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Paul R Holland other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul G Koontz other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
William B Elmore other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Steven Vassallo other: Former 10% Owner and Director C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070