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Maxwell Technologies (Maxwell Technologies) Asset Turnover : 0.10 (As of Mar. 2019)


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What is Maxwell Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Maxwell Technologies's Revenue for the three months ended in Mar. 2019 was $15.44 Mil. Maxwell Technologies's Total Assets for the quarter that ended in Mar. 2019 was $162.81 Mil. Therefore, Maxwell Technologies's Asset Turnover for the quarter that ended in Mar. 2019 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Maxwell Technologies's annualized ROE % for the quarter that ended in Mar. 2019 was -84.65%. It is also linked to ROA % through Du Pont Formula. Maxwell Technologies's annualized ROA % for the quarter that ended in Mar. 2019 was -43.29%.


Maxwell Technologies Asset Turnover Historical Data

The historical data trend for Maxwell Technologies'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.

Maxwell Technologies Asset Turnover Chart

Maxwell Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.93 0.78 0.51 0.49

Maxwell Technologies Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.11 0.15 0.18 -0.01 0.10

Competitive Comparison of Maxwell Technologies's Asset Turnover

For the Electronic Components subindustry, Maxwell Technologies'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.


Maxwell Technologies's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxwell Technologies's Asset Turnover distribution charts can be found below:

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



Maxwell Technologies Asset Turnover Calculation

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

Maxwell Technologies's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=90.459/( (205.379+163.731)/ 2 )
=90.459/184.555
=0.49

Maxwell Technologies's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=15.438/( (163.731+161.879)/ 2 )
=15.438/162.805
=0.09

* 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.


Maxwell Technologies  (NAS:MXWL) Asset Turnover Explanation

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

Maxwell Technologies's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-70.48/83.264
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.48 / 61.752)*(61.752 / 162.805)*(162.805/ 83.264)
=Net Margin %*Asset Turnover*Equity Multiplier
=-114.13 %*0.3793*1.9553
=ROA %*Equity Multiplier
=-43.29 %*1.9553
=-84.65 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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:

Maxwell Technologies's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-70.48/162.805
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-70.48 / 61.752)*(61.752 / 162.805)
=Net Margin %*Asset Turnover
=-114.13 %*0.3793
=-43.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Maxwell Technologies Asset Turnover Related Terms

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


Maxwell Technologies (Maxwell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3888 Calle Fortunada, San Diego, CA, USA, 92123
Maxwell Technologies Inc is a part of the electronic components industry. It engaged in developing, manufacturing and marketing energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications. The company is committed to providing cost-effective, energy-efficient, environmentally-conscious energy storage and power delivery solutions.
Executives
Rick Bergman director C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
John Mutch director C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Franz Fink director, officer: Chief Executive Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
David L Schlotterbeck director 10221 WATERIDGE CIRCLE, SAN DIEGO CA 92121
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
Mark Rossi director
Christopher Humphrey officer: VP of Marketing and Bus. Dev. 15353 BARRANCA PARKWAY, IRVINE CA 92618
Kevin Royal officer: Chief Financial Officer
John Warwick officer: Chief Operating Officer EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
David Schramm director, officer: CEO and President C/O MAXWELL TECHNOLOGIES, INC., 9244 BALBOA AVENUE, SAN DIEGO CA 92123
George Iii Kreigler officer: Sr. VP Worldwide Operations
Thomas L Ringer director C/O CALIFORNIA AMPLLIFIER INC, 460 CALLE SAN PABLO, CAMARILLO CA 93012
Tesfaye Hailemichael officer: Chief Financial Officer C/O MITEK SYSTEMS, INC., 8911 BALBOA AVENUE SUITE B, SAN DIEGO CA 92123

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