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Astera Labs (MEX:ALAB) Asset Turnover : 0.14 (As of Dec. 2024)


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What is Astera Labs Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Astera Labs's Revenue for the three months ended in Dec. 2024 was MXN2,943 Mil. Astera Labs's Total Assets for the quarter that ended in Dec. 2024 was MXN20,675 Mil. Therefore, Astera Labs's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Astera Labs's annualized ROE % for the quarter that ended in Dec. 2024 was 10.95%. It is also linked to ROA % through Du Pont Formula. Astera Labs's annualized ROA % for the quarter that ended in Dec. 2024 was 9.97%.


Astera Labs Asset Turnover Historical Data

The historical data trend for Astera Labs'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.

Astera Labs Asset Turnover Chart

Astera Labs Annual Data
Trend Dec22 Dec23 Dec24
Asset Turnover
0.38 0.53 0.65

Astera Labs Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.26 0.12 0.09 0.12 0.14

Competitive Comparison of Astera Labs's Asset Turnover

For the Semiconductors subindustry, Astera Labs'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.


Astera Labs's Asset Turnover Distribution in the Semiconductors Industry

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

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



Astera Labs Asset Turnover Calculation

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

Astera Labs's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=8264.905/( (3331.909+21992.502)/ 2 )
=8264.905/12662.2055
=0.65

Astera Labs's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2942.656/( (19356.845+21992.502)/ 2 )
=2942.656/20674.6735
=0.14

* 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.


Astera Labs  (MEX:ALAB) Asset Turnover Explanation

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

Astera Labs's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=2061.628/18819.1425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2061.628 / 11770.624)*(11770.624 / 20674.6735)*(20674.6735/ 18819.1425)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.52 %*0.5693*1.0986
=ROA %*Equity Multiplier
=9.97 %*1.0986
=10.95 %

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

Astera Labs's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=2061.628/20674.6735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2061.628 / 11770.624)*(11770.624 / 20674.6735)
=Net Margin %*Asset Turnover
=17.52 %*0.5693
=9.97 %

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


Astera Labs Asset Turnover Related Terms

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Astera Labs Business Description

Traded in Other Exchanges
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms.