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Intel (INTC) Asset Turnover : 0.07 (As of Sep. 2024)


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What is Intel Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Intel's Revenue for the three months ended in Sep. 2024 was $13,284 Mil. Intel's Total Assets for the quarter that ended in Sep. 2024 was $199,874 Mil. Therefore, Intel's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Intel's annualized ROE % for the quarter that ended in Sep. 2024 was -61.98%. It is also linked to ROA % through Du Pont Formula. Intel's annualized ROA % for the quarter that ended in Sep. 2024 was -33.30%.


Intel Asset Turnover Historical Data

The historical data trend for Intel'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.

Intel Asset Turnover Chart

Intel 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 0.54 0.54 0.49 0.36 0.29

Intel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.08 0.08 0.07 0.06 0.07

Competitive Comparison of Intel's Asset Turnover

For the Semiconductors subindustry, Intel'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.


Intel's Asset Turnover Distribution in the Semiconductors Industry

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

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



Intel Asset Turnover Calculation

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

Intel'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 )
=54228/( (182103+191572)/ 2 )
=54228/186837.5
=0.29

Intel's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=13284/( (206205+193542)/ 2 )
=13284/199873.5
=0.07

* 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.


Intel  (NAS:INTC) Asset Turnover Explanation

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

Intel's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-66556/107380.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-66556 / 53136)*(53136 / 199873.5)*(199873.5/ 107380.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-125.26 %*0.2658*1.8614
=ROA %*Equity Multiplier
=-33.30 %*1.8614
=-61.98 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Intel's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-66556/199873.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-66556 / 53136)*(53136 / 199873.5)
=Net Margin %*Asset Turnover
=-125.26 %*0.2658
=-33.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Intel Asset Turnover Related Terms

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


Intel Business Description

Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Executives
Michelle Johnston Holthaus officer: EVP & GM, CCG 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Patrick P Gelsinger officer: SENIOR VICE PRESIDENT VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
David Zinsner officer: EVP, CFO 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Omar Ishrak director 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Scott Gawel officer: CVP, Chief Accounting Officer
Boise April Miller officer: EVP and Chief Legal Officer C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christoph Schell officer: EVP; Chief Cml Ofcr; GM, SMG C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Steven Ralph Rodgers officer: EVP General Counsel 2200 MISSION COLLEGE BLVD., ROSEVILLE CA 95054
Gregory M Bryant officer: EVP, GM, CCG 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Dion J Weisler director C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025