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Entegris Asset Turnover

: 0.20 (As of Jun. 2021)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Entegris's Revenue for the three months ended in Jun. 2021 was $571 Mil. Entegris's Total Assets for the quarter that ended in Jun. 2021 was $2,903 Mil. Therefore, Entegris's Asset Turnover for the quarter that ended in Jun. 2021 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Entegris's annualized ROE % for the quarter that ended in Jun. 2021 was 24.13%. It is also linked to ROA % through Du Pont Formula. Entegris's annualized ROA % for the quarter that ended in Jun. 2021 was 12.23%.


Entegris Asset Turnover Historical Data

The historical data trend for Entegris'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.

Entegris Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.73 0.72 0.66 0.68

Entegris Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.18 0.18 0.20

Entegris Asset Turnover Calculation

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

Entegris's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1859.313/( (2516.086+2917.696)/ 2 )
=1859.313/2716.891
=0.68

Entegris's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=571.352/( (2933.539+2872.731)/ 2 )
=571.352/2903.135
=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.


Entegris  (NAS:ENTG) Asset Turnover Explanation

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

Entegris's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=355.08/1471.832
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(355.08 / 2285.408)*(2285.408 / 2903.135)*(2903.135/ 1471.832)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.54 %*0.7872*1.9725
=ROA %*Equity Multiplier
=12.23 %*1.9725
=24.13 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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:

Entegris's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=355.08/2903.135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(355.08 / 2285.408)*(2285.408 / 2903.135)
=Net Margin %*Asset Turnover
=15.54 %*0.7872
=12.23 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Entegris Asset Turnover Related Terms

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


Entegris Business Description

Entegris logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Traded in Other Exchanges
Address
129 Concord Road, Billerica, MA, USA, 01821
Entegris Inc is a supplier of advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.
Executives
Olson Paul L H director C/O ENTEGRIS INC 129 CONCORD ROAD BILLERICA MA 01821
Loy Bertrand director, officer: President & CEO C/O ENTEGRIS, INC. 129 CONCORD RD BILLERICA MA 01821
Sullivan Brian F. director 16305 36TH AVENUE N MINNEAPOLIS MN 55446
Haris Clinton M. officer: SVP & GM, MC Division C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Tison Stuart officer: SVP & GM, SCEM C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Edlund Todd James officer: EVP & COO 129 CONCORD ROAD BILLERICA MA 01821
Shaner William James officer: SVP & GM, AMH 129 CONCORD ROAD BILLERICA MA 01821
Burns Robert Nicholas director C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Bradley Michael A director 8 BARNSTABLE ROAD WEST NEWTON MA 02465
Rucci Corey officer: SVP, Business Development 700 DOVER PLACE SOUTHLAKE TX 76092
Lederer James P director 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Colella Joseph officer: SVP and General Counsel 129 CONCORD ROAD BILLERICA MA 01821
Gentilcore James director NINE HAMPSHIRE STREET MANSFIELD MA 02048
Saleki-gerhardt Azita director 1 N. WAUKEGAN ROAD NORTH CHICAGO IL 60064
Graves Gregory B officer: EVP & CFO 129 CONCORD ROAD BILLERICA MA 01821

Entegris Headlines

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