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Entropic Communications (FRA:43E) Asset Turnover : 0.20 (As of Dec. 2014)


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What is Entropic Communications Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Entropic Communications's Revenue for the three months ended in Dec. 2014 was €34.5 Mil. Entropic Communications's Total Assets for the quarter that ended in Dec. 2014 was €176.4 Mil. Therefore, Entropic Communications's Asset Turnover for the quarter that ended in Dec. 2014 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Entropic Communications's annualized ROE % for the quarter that ended in Dec. 2014 was -55.62%. It is also linked to ROA % through Du Pont Formula. Entropic Communications's annualized ROA % for the quarter that ended in Dec. 2014 was -46.69%.


Entropic Communications Asset Turnover Historical Data

The historical data trend for Entropic Communications'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.

Entropic Communications Asset Turnover Chart

Entropic Communications Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.81 0.96 0.78 0.80

Entropic Communications Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.19 0.19 0.18 0.20 0.25

Competitive Comparison of Entropic Communications's Asset Turnover

For the Semiconductors subindustry, Entropic Communications'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.


Entropic Communications's Asset Turnover Distribution in the Semiconductors Industry

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

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



Entropic Communications Asset Turnover Calculation

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

Entropic Communications's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=155.403/( (215.54+171.052)/ 2 )
=155.403/193.296
=0.80

Entropic Communications's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=34.537/( (181.66+171.052)/ 2 )
=34.537/176.356
=0.20

* 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.


Entropic Communications  (FRA:43E) Asset Turnover Explanation

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

Entropic Communications's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-82.348/148.0465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-82.348 / 138.148)*(138.148 / 176.356)*(176.356/ 148.0465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-59.61 %*0.7833*1.1912
=ROA %*Equity Multiplier
=-46.69 %*1.1912
=-55.62 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Entropic Communications's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-82.348/176.356
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-82.348 / 138.148)*(138.148 / 176.356)
=Net Margin %*Asset Turnover
=-59.61 %*0.7833
=-46.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.


Entropic Communications Asset Turnover Related Terms

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


Entropic Communications (FRA:43E) Business Description

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Address
Website
Entropic Communications Inc was incorporated in Delaware in January 2001. The Company provides semiconductor solutions for the connected home. The Company transform how traditional HDTV broadcast and Internet protocol, or IP,-based streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Its next-generation Set-top Box, or STB, System-on-a-Chip, or SoC, and home connectivity, or Connectivity, solutions enable global Pay-TV operators to offer consumers more captivating whole-home entertainment experiences by evolving the way digital entertainment is delivered, connected and consumed - in the home and on the go. Its platform semiconductor solutions provide a unified vision for how its core silicon and software can be leveraged in reference hardware and software coupled with middleware and applications to enhance consumers' overall digital entertainment experiences. Its platform solutions power next-generation TV engagement experiences by: Reliably delivering broadcast and IP content into the home with its end-to-end Satellite and Broadband Access solutions, Seamlessly connecting digital entertainment to consumer devices throughout the home via a dependable MoCA (Multimedia over Coax Alliance) backbone; and Ensuring consumers can securely consume or watch rich digital entertainment with its advanced, open standards-based media processing SoC solutions. The Company offers a diverse portfolio of STB, SoC and connectivity solutions that include STB SoC Solutions and Connectivity Solutions. The Company serve five primary market segments with its technology: Cable, Satellite, Telco/IPTV, MoCA/CE Retail and Media Processing. With a focused approach on each market segment they understand customers' current needs and anticipate future requirements, which in turn enables customers to accelerate time-to-market on new STB devices, as well as deploy advanced new IP- and cloud-based services such as video on demand, or VOD, multi-room DVR, HD video calling and over-the-top, or OTT, content delivery, to drive average revenue per user. Its products are deployed by service providers globally, including Comcast, Cox Communications, DIRECTV, DISH Network, OCN (China), Time Warner Cable, Topway (China), UPC (Netherlands) and Verizon, as well as by a number of smaller service providers. Its product lines include STB SoC, Home Networking, DBS outdoor unit and Broadband Access solutions. Its solutions target applications in HD video and other multimedia content distribution networks through cable, satellite, telecommunications and terrestrial mediums. Its solutions are currently used in consumer electronic and service provider customer premises equipment, including STBs, DTAs, broadband routers, DOCSIS gateways, cable modems, optical network terminals, low-noise block converters, multi-room DVRs, residential gateways, Ethernet-to-coax adapters and MoCA-to-WiFi products, and can pote

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