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Dot Hill Systems (Dot Hill Systems) Asset Turnover : 0.51 (As of Jun. 2015)


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What is Dot Hill Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dot Hill Systems's Revenue for the three months ended in Jun. 2015 was $61.5 Mil. Dot Hill Systems's Total Assets for the quarter that ended in Jun. 2015 was $121.0 Mil. Therefore, Dot Hill Systems's Asset Turnover for the quarter that ended in Jun. 2015 was 0.51.

Asset Turnover is linked to ROE % through Du Pont Formula. Dot Hill Systems's annualized ROE % for the quarter that ended in Jun. 2015 was 3.85%. It is also linked to ROA % through Du Pont Formula. Dot Hill Systems's annualized ROA % for the quarter that ended in Jun. 2015 was 2.26%.


Dot Hill Systems Asset Turnover Historical Data

The historical data trend for Dot Hill Systems'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.

Dot Hill Systems Asset Turnover Chart

Dot Hill Systems 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 2.33 1.90 2.13 2.18 1.93

Dot Hill Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.50 0.52 0.62 0.51 0.51

Competitive Comparison of Dot Hill Systems's Asset Turnover

For the Computer Hardware subindustry, Dot Hill Systems'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.


Dot Hill Systems's Asset Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Dot Hill Systems's Asset Turnover falls into.



Dot Hill Systems Asset Turnover Calculation

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

Dot Hill Systems'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 )
=217.665/( (105.384+120.232)/ 2 )
=217.665/112.808
=1.93

Dot Hill Systems's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=61.539/( (118.305+123.677)/ 2 )
=61.539/120.991
=0.51

* 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.


Dot Hill Systems  (NAS:HILL) Asset Turnover Explanation

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

Dot Hill Systems's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=2.74/71.2425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.74 / 246.156)*(246.156 / 120.991)*(120.991/ 71.2425)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.11 %*2.0345*1.6983
=ROA %*Equity Multiplier
=2.26 %*1.6983
=3.85 %

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

Dot Hill Systems's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=2.74/120.991
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.74 / 246.156)*(246.156 / 120.991)
=Net Margin %*Asset Turnover
=1.11 %*2.0345
=2.26 %

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


Dot Hill Systems Asset Turnover Related Terms

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Dot Hill Systems (Dot Hill Systems) Business Description

Traded in Other Exchanges
N/A
Address
Dot Hill Systems Corp was formed in 1999 by the combination of Box Hill Systems Corp., or Box Hill, and Artecon, Inc., or Artecon. It reincorporated in Delaware in 2001. It designs, manufactures and markets a range of software and hardware storage systems for the entry and mid-range storage markets. The Company sells its products through server-based original equipment manufacturers (OEMs), such as Hewlett-Packard, or HP, Dell Inc. or Dell, Lenovo Group Limited or Lenovo, Advanced Micro Devices, Inc. or AMD, and Stratus Technologies or Stratus; as well as into vertical markets through embedded solutions OEM's, such as Teradata Corporation or Teradata, CGG Veritas or CGG, Motorola, Inc. or Motorola, Tektronix Inc. or Tektronix, Samsung Electronics or Samsung, Concurrent Computer Corporation or Concurrent, Autodesk Inc. or Autodesk, Harris Broadcast Communications and Nokia Siemens Network or Nokia Siemens, which primarily include media and entertainment, telecommunications, high performance computing, digital image archive, big data and oil and gas. The Company's products, from small capacity direct attached to complete multi-hundred terabyte, or TB, storage area networks, or SANs, provide end-users with a cost-effective means of addressing increasing storage demands at compelling price-performance points. The Company's current product family based on its AssuredSAN architecture provides high performance and large disk array capacities for a broad variety of environments, employing Fibre Channel, Internet Small Computer Systems Interface, or iSCSI and Serial Attached SCSI, or SAS, interconnects to switches and/or hosts. In addition, its Assured family of data protection software products provides additional layers of data protection options to complement its line of storage disk arrays. The Company's current mainstream 2000 and 3000 series of entry-level storage products and Just a Bunch of Disks, or JBOD, arrays are targeted primarily at mainstream enterprise and small-to-medium business, or SMB, applications. The Company's AssuredSAN products have been distinguished by certification as Network Equipment Building System, or NEBS, Level 3 (a telecommunications standard for equipment used in central offices) and are MIL-STD-810F (a military standard created by the U.S.government) compliant based on their ruggedness and reliability. In February 2010, it launched the latest AssuredSAN 3000 series of storage arrays that provide high speed interface options including 8 gigabyte, or GB, Fibre Channel, 1GB and 10GB iSCSI over Ethernet and 6GB SAS connectivity. The Company's AssuredUVS product line, formerly known as the intelligent storage networking system, or iSN TM, is based on the technology it acquired in January 2010 from Cloverleaf Communications, Inc., or Cloverleaf, a privately held software company focused on heterogeneous storage virtualization and unified storage technologies. AssuredSnap is its DMS software that introduces p
Executives
Charles F Christ director
Barry Rudolph director 1351 S SUNSET STREET, LONGMONT CO 80501
Ernest J Sampias director 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Dana Kammersgard director, officer: President & CEO 6305 EL CAMINO REAL, CARLSBAD CA 92009
Richard Jr Mejia director 2200 FARADAY AVENUE, SUITE 100, CARLSBAD CA 92008
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
Philip Davis officer: Ex. VP WW Field Operations 6305 EL CAMINO REAL, CARLSBAD CA 92009
Chong Sup Park director 22071 DORSEY WAY, SARATOGA CA 95070

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