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Raspberry Pi Holdings (LSE:RPI) Asset Turnover : 0.51 (As of Jun. 2024)


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What is Raspberry Pi Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Raspberry Pi Holdings's Revenue for the six months ended in Jun. 2024 was £113.2 Mil. Raspberry Pi Holdings's Total Assets for the quarter that ended in Jun. 2024 was £221.5 Mil. Therefore, Raspberry Pi Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.51.

Asset Turnover is linked to ROE % through Du Pont Formula. Raspberry Pi Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was 8.41%. It is also linked to ROA % through Du Pont Formula. Raspberry Pi Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 5.40%.


Raspberry Pi Holdings Asset Turnover Historical Data

The historical data trend for Raspberry Pi Holdings'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.

Raspberry Pi Holdings Asset Turnover Chart

Raspberry Pi Holdings Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
1.11 1.43 1.27

Raspberry Pi Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Asset Turnover - - 0.58 0.67 0.51

Competitive Comparison of Raspberry Pi Holdings's Asset Turnover

For the Electronic Components subindustry, Raspberry Pi Holdings'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.


Raspberry Pi Holdings's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Raspberry Pi Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Raspberry Pi Holdings's Asset Turnover falls into.


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Raspberry Pi Holdings Asset Turnover Calculation

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

Raspberry Pi Holdings'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 )
=209.98/( (121.017+209.63)/ 2 )
=209.98/165.3235
=1.27

Raspberry Pi Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=113.184/( (209.63+233.285)/ 2 )
=113.184/221.4575
=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.


Raspberry Pi Holdings  (LSE:RPI) Asset Turnover Explanation

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

Raspberry Pi Holdings's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=11.948/142.1185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.948 / 226.368)*(226.368 / 221.4575)*(221.4575/ 142.1185)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.28 %*1.0222*1.5583
=ROA %*Equity Multiplier
=5.40 %*1.5583
=8.41 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Raspberry Pi Holdings's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=11.948/221.4575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.948 / 226.368)*(226.368 / 221.4575)
=Net Margin %*Asset Turnover
=5.28 %*1.0222
=5.40 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Raspberry Pi Holdings Asset Turnover Related Terms

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Raspberry Pi Holdings Business Description

Traded in Other Exchanges
Address
Milton Road, 194 Cambridge Science Park, Cambridge, GBR, CB4 0AB
Raspberry Pi Holdings PLC is a Company involved in designing and developing high-performance, low-cost single-board computers (SBCs) and compute modules for industrial IoT customers and embedded uses, as well as for educators and enthusiasts, in extensive markets. It is an established, full-stack engineering organization, with research and development capabilities (in-house or through strategic partnerships) spanning the entire value chain, from semiconductor intellectual property development to the design of finished semiconductor and electronic products to software engineering and regulatory compliance.

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