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Integrated Silicon Solution (Integrated Silicon Solution) Asset Turnover : 0.20 (As of Jun. 2015)


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What is Integrated Silicon Solution Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Integrated Silicon Solution's Revenue for the three months ended in Jun. 2015 was $81.2 Mil. Integrated Silicon Solution's Total Assets for the quarter that ended in Jun. 2015 was $411.9 Mil. Therefore, Integrated Silicon Solution's Asset Turnover for the quarter that ended in Jun. 2015 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Integrated Silicon Solution's annualized ROE % for the quarter that ended in Jun. 2015 was 0.02%. It is also linked to ROA % through Du Pont Formula. Integrated Silicon Solution's annualized ROA % for the quarter that ended in Jun. 2015 was 0.02%.


Integrated Silicon Solution Asset Turnover Historical Data

The historical data trend for Integrated Silicon Solution'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.

Integrated Silicon Solution Asset Turnover Chart

Integrated Silicon Solution Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.03 0.87 0.91 0.86

Integrated Silicon Solution 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 0.22 0.21 0.20 0.20 0.20

Competitive Comparison of Integrated Silicon Solution's Asset Turnover

For the Semiconductors subindustry, Integrated Silicon Solution'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.


Integrated Silicon Solution's Asset Turnover Distribution in the Semiconductors Industry

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

* The bar in red indicates where Integrated Silicon Solution's Asset Turnover falls into.



Integrated Silicon Solution Asset Turnover Calculation

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

Integrated Silicon Solution's Asset Turnover for the fiscal year that ended in Sep. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2014 )/( (Total Assets (A: Sep. 2013 )+Total Assets (A: Sep. 2014 ))/ count )
=328.977/( (361.869+400.342)/ 2 )
=328.977/381.1055
=0.86

Integrated Silicon Solution'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 )
=81.24/( (403.12+420.704)/ 2 )
=81.24/411.912
=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.


Integrated Silicon Solution  (NAS:ISSI) Asset Turnover Explanation

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

Integrated Silicon Solution's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=0.064/319.287
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.064 / 324.96)*(324.96 / 411.912)*(411.912/ 319.287)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.02 %*0.7889*1.2901
=ROA %*Equity Multiplier
=0.02 %*1.2901
=0.02 %

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:

Integrated Silicon Solution's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=0.064/411.912
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.064 / 324.96)*(324.96 / 411.912)
=Net Margin %*Asset Turnover
=0.02 %*0.7889
=0.02 %

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.


Integrated Silicon Solution Asset Turnover Related Terms

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


Integrated Silicon Solution (Integrated Silicon Solution) Business Description

Traded in Other Exchanges
N/A
Address
Integrated Silicon Solution Inc, a Delaware corporation incorporated in October 27,1988. It is a fabless semiconductor company that designs and markets high performance integrated circuits for the automotive; communications; industrial, medical and military; and digital consumer markets. Its main products are low and medium density DRAM and high speed and low power SRAM. In particular, the Company's SRAM products are used in WLANs, cell phones, base stations, networking switches and routers, fiber to the home, DSL modems, LCD TVs, set-top boxes, GPS systems, instrumentation, engine control systems, medical equipment, telematics, audio and video equipment, satellite radio, POS terminals, fax machines, copiers, tape drives, and other applications. The Company's low and medium density DRAM products are used in WLANs, base stations, networking switches and routers, FTTH, DSL and cable modems, set top boxes, digital cameras, MP3, flat panel TVs, LCD TVs, HDTVs, video phones, voice over internet protocol, printers, disk drives, tape drives, audio/video equipment, instrumentation, GPS, telematics, infotainment, smart meters and other applications. In the low to medium density DRAM area, the Company competes with Elpida, Hynix, Micron, Nanya, Oki, Samsung and Winbond. In addition, there are several fabless Taiwanese companies that are competitors, including ESMT and Etron. In the analog market, the Company's main competitors include AMS, IWatt, Linear Technology, Maxim Integrated Products, MaxLinear, Microsemi and NXP Semiconductors. The Company outsources its manufacturing operations, including wafer fabrication, assembly and testing. The Company is subject to federal, state and local regulations relating to the use, handling, storage, disposal and human exposure to hazardous and toxic materials.
Executives
John Cobb officer: CFO C/O ISSI, 1940 ZANKER ROAD, SAN JOSE CA 95112
Starboard Value Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Cathal G Phelan 10 percent owner, other: See Explanation of Responses 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Edward Terino 10 percent owner, other: See Explanation of Responses 17 CANTERBURY ROAD, WINDHAM NH 03087
Starboard Value & Opportunity S Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Mark R Mitchell 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Oliver Press Investors, Llc 10 percent owner, other: See Explanation of Responses 152 WEST 57TH STREET NEW YORK NY 10019
Augustus K Oliver 10 percent owner, other: See Explanation of Responses C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Starboard Value & Opportunity Master Fund Ltd 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017