GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Freescale Semiconductor Ltd (NYSE:FSL) » Definitions » Asset Turnover

Freescale Semiconductor (Freescale Semiconductor) Asset Turnover : 0.35 (As of Sep. 2015)


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

What is Freescale Semiconductor Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Freescale Semiconductor's Revenue for the three months ended in Sep. 2015 was $1,120 Mil. Freescale Semiconductor's Total Assets for the quarter that ended in Sep. 2015 was $3,162 Mil. Therefore, Freescale Semiconductor's Asset Turnover for the quarter that ended in Sep. 2015 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Freescale Semiconductor's annualized ROE % for the quarter that ended in Sep. 2015 was -10.24%. It is also linked to ROA % through Du Pont Formula. Freescale Semiconductor's annualized ROA % for the quarter that ended in Sep. 2015 was 10.12%.


Freescale Semiconductor Asset Turnover Historical Data

The historical data trend for Freescale Semiconductor'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.

Freescale Semiconductor Asset Turnover Chart

Freescale Semiconductor Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.95 1.19 1.20 1.35 1.47

Freescale Semiconductor Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.37 0.34 0.37 0.38 0.35

Competitive Comparison of Freescale Semiconductor's Asset Turnover

For the Semiconductors subindustry, Freescale Semiconductor'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.


Freescale Semiconductor's Asset Turnover Distribution in the Semiconductors Industry

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

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



Freescale Semiconductor Asset Turnover Calculation

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

Freescale Semiconductor'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 )
=4634/( (3047+3275)/ 2 )
=4634/3161
=1.47

Freescale Semiconductor's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=1120/( (3165+3159)/ 2 )
=1120/3162
=0.35

* 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.


Freescale Semiconductor  (NYSE:FSL) Asset Turnover Explanation

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

Freescale Semiconductor's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=320/-3126
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(320 / 4480)*(4480 / 3162)*(3162/ -3126)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.14 %*1.4168*-1.0115
=ROA %*Equity Multiplier
=10.12 %*-1.0115
=-10.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Freescale Semiconductor's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=320/3162
=(Net Income / Revenue)*(Revenue / Total Assets)
=(320 / 4480)*(4480 / 3162)
=Net Margin %*Asset Turnover
=7.14 %*1.4168
=10.12 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Freescale Semiconductor Asset Turnover Related Terms

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


Freescale Semiconductor (Freescale Semiconductor) Business Description

Traded in Other Exchanges
N/A
Address
Freescale Semiconductor Ltd was incorporated in Delaware on December 3, 2003. The Company provides embedded processors such as microcontrollers and digital networking processors. Its embedded processors, along with its analog, sensor and radio frequency devices, as well as a full suite of software and design tools, it provides integrated embedded processing solutions. The Company's business is organized around five principal product groups: Microcontrollers, Digital Networking, Automotive Microcontrollers, Analog and Sensors, and Radio Frequency. The Company's embedded processor products include Microcontrollers, single and multicore MPUs, Digital Signal Controllers, applications processors and Digital Signal Processors. It also offers Radio Frequency, power management, motor drivers, high voltage actuators, analog, mixed-signal devices and precision sensors. The Company's Communications Processors product portfolio includes 32-bit and 64-bit offerings ranging from a single core to 28- and 45-nanometer multicore QorIQ communications processors. It's Microcontrollers product portfolio ranges from ultra-low power, low-end 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory such as the Qorivva product line. Its wireless products utilize and support multiple standards and frequencies, including the IEEE standard 802.15.4, and sub-1 GHz solutions in its solutions for medical devices, smart meters and smart energy, consumer appliances, Radio Frequency remote controls and home automation. The Company provides Applications Processors such as ARM-based i.MX application processors with integrated audio, video and graphics capability. Its Digital Signal Processors product portfolio includes single-core to multicore based on the StarCore architecture. Its Analog and Mixed-Signal products portfolio includes driving actuators such as in motors, valves, and lights, switching large currents, regulating power to electronic components in a system, charging and cell balancing batteries and providing precision sense and control interfaces for complex analog systems. The Company's Xtrinsic smart sensor platforms combine inertial sensors and embedded processors with connectivity and power management supported by a reference software toolset. The Company's Radio Frequency power portfolio includes solutions from 1 watt to more than 1 kilowatt. Its low power portfolio provides a mix of Radio Frequency small signal and low power products. The Company sells its products directly to OEMs, distributors, original design manufacturers and contract manufacturers. It owns and operates five manufacturing facilities, of which three are wafer fabrication facilities and two are assembly and test facilities.
Executives
Blackstone Family Investment Partnership (cayman) V L.p. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Tc Group Cayman Investment Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings Ii Gp L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings Ii L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Cayman Investment Holdings Sub L.p. 10 percent owner C/O WALKER CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Blackstone Family Gp Llc director, 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners (cayman) V L.p. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Management Associates (cayman) V L.p. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. director, 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Lr Associates (cayman) V Ltd. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Participation Partnership (cayman) V L.p. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Bcp (cayman) V-s L.p. director, 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Investment Partnership (cayman) V-smd L.p. director, 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154

Freescale Semiconductor (Freescale Semiconductor) Headlines

From GuruFocus

Freescale - Demand for This Company's Products on the Rise

By Doug Ehrman Doug Ehrman 01-23-2012

Weekly Guru Bargains Highlights: FSL, PWE, QLIK, MRVL, MSCI

By hyperman299 GuruFocus 11-12-2012

Weekly Insider Sells Highlight: FSL, IMS, EA, PANW

By Jimmy Xiao gurujx 05-17-2015

WEEKLY CFO SELLS HIGHLIGHT: FSL, HOT, VRSK, HTZ

By Jimmy Xiao gurujx 04-21-2013