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Samsara (Samsara) Asset Turnover : 0.16 (As of Jan. 2024)


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What is Samsara Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Samsara's Revenue for the three months ended in Jan. 2024 was $276.3 Mil. Samsara's Total Assets for the quarter that ended in Jan. 2024 was $1,710.6 Mil. Therefore, Samsara's Asset Turnover for the quarter that ended in Jan. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Samsara's annualized ROE % for the quarter that ended in Jan. 2024 was -48.60%. It is also linked to ROA % through Du Pont Formula. Samsara's annualized ROA % for the quarter that ended in Jan. 2024 was -26.51%.


Samsara Asset Turnover Historical Data

The historical data trend for Samsara'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.

Samsara Asset Turnover Chart

Samsara Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
0.19 0.33 0.35 0.41 0.56

Samsara Quarterly Data
Jan20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.12 0.13 0.14 0.14 0.16

Competitive Comparison of Samsara's Asset Turnover

For the Software - Infrastructure subindustry, Samsara'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.


Samsara's Asset Turnover Distribution in the Software Industry

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

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



Samsara Asset Turnover Calculation

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

Samsara's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=937.385/( (1617.008+1734.845)/ 2 )
=937.385/1675.9265
=0.56

Samsara's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=276.274/( (1686.374+1734.845)/ 2 )
=276.274/1710.6095
=0.16

* 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.


Samsara  (NYSE:IOT) Asset Turnover Explanation

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

Samsara's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-453.484/933.039
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-453.484 / 1105.096)*(1105.096 / 1710.6095)*(1710.6095/ 933.039)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.04 %*0.646*1.8334
=ROA %*Equity Multiplier
=-26.51 %*1.8334
=-48.60 %

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

Samsara's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-453.484/1710.6095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-453.484 / 1105.096)*(1105.096 / 1710.6095)
=Net Margin %*Asset Turnover
=-41.04 %*0.646
=-26.51 %

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


Samsara Asset Turnover Related Terms

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


Samsara (Samsara) Business Description

Traded in Other Exchanges
N/A
Address
1 De Haro Street, San Francisco, CA, USA, 94107
Samsara Inc provides an end-to-end solution for operations: The solution connects physical operations data to the Connected Operations Cloud, which consists of the Data Platform and Application. Geographically, it derives a majority of its revenue from the United States.
Executives
Sanjit Biswas director, 10 percent owner, officer: Chief Executive Officer 350 RHODE ISLAND STREET, 4TH FLOOR, SOUTH BUILDING, SAN FRANSCISO CA 94103
John Bicket director, 10 percent owner, officer: See remarks 350 RHODE ISLAND STREET, 4TH FLOOR, SOUTH BUILDING, SAN FRANCISCO CA 94103
Adam Eltoukhy officer: See remarks 350 RHODE ISLAND STREET, 4TH FLOOR, SOUTH BUILDING, SAN FRANCISCO CA 94103
Susan L Bostrom director
Lara Caimi officer: President, Worldwide Field Ops C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
James Andrew Munk officer: Chief Accounting Officer 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Jonathan Chadwick director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Dominic Phillips officer: See remarks 350 RHODE ISLAND STREET, 4TH FLOOR, SOUTH BUILDING, SAN FRANCISCO CA 94103
Andreessen Horowitz Lsv Fund I-b, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Parallel Fund Iv-a, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Marc L Andreessen director, 10 percent owner C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111
Andreessen Horowitz Lsv Fund Iii-b, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iv-a, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Todd M Bluedorn director 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Hemant Taneja director, 10 percent owner C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138