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UiPath (UiPath) Asset Turnover : 0.14 (As of Jan. 2024)


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What is UiPath Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. UiPath's Revenue for the three months ended in Jan. 2024 was $405 Mil. UiPath's Total Assets for the quarter that ended in Jan. 2024 was $2,871 Mil. Therefore, UiPath's Asset Turnover for the quarter that ended in Jan. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. UiPath's annualized ROE % for the quarter that ended in Jan. 2024 was 6.82%. It is also linked to ROA % through Du Pont Formula. UiPath's annualized ROA % for the quarter that ended in Jan. 2024 was 4.73%.


UiPath Asset Turnover Historical Data

The historical data trend for UiPath'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.

UiPath Asset Turnover Chart

UiPath Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
0.66 0.88 0.52 0.40 0.46

UiPath Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.12 0.11 0.11 0.12 0.14

Competitive Comparison of UiPath's Asset Turnover

For the Software - Infrastructure subindustry, UiPath'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.


UiPath's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, UiPath's Asset Turnover distribution charts can be found below:

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



UiPath Asset Turnover Calculation

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

UiPath's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=1308.072/( (2735.206+2954.758)/ 2 )
=1308.072/2844.982
=0.46

UiPath's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=405.253/( (2787.058+2954.758)/ 2 )
=405.253/2870.908
=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.


UiPath  (NYSE:PATH) Asset Turnover Explanation

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

UiPath's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=135.664/1988.6635
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.664 / 1621.012)*(1621.012 / 2870.908)*(2870.908/ 1988.6635)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.37 %*0.5646*1.4436
=ROA %*Equity Multiplier
=4.73 %*1.4436
=6.82 %

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

UiPath's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=135.664/2870.908
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.664 / 1621.012)*(1621.012 / 2870.908)
=Net Margin %*Asset Turnover
=8.37 %*0.5646
=4.73 %

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


UiPath Asset Turnover Related Terms

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


UiPath (UiPath) Business Description

Traded in Other Exchanges
Address
One Vanderbilt Avenue, 60th Floor, New York, NY, USA, 10017
UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of its revenues from the US, followed by Romania.
Executives
Ashim Gupta officer: Chief Financial Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Rich Wong director, 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94555
Brad Brubaker officer: GC & Chief Legal Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Hitesh Ramani officer: Chief Accounting Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Karenann K Terrell director C/O PLURALSIGHT, INC., 182 NORTH UNION AVENUE, FARMINGTON UT 84025
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
Robert Enslin officer: co-Chief Executive Officer C/O UIPATH, INC., ONE VANDERBILT AVENUE, 60TH FLOOR, NEW YORK NY 10017
Christopher Lee Weber officer: Chief Business Officer C/O UIPATH, INC., 452 5TH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Ted Kummert officer: EVP, Product & Engineering C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Daniel Dines director, 10 percent owner, officer: CEO and Chairman C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Thomas Neergaard Hansen officer: Chief Revenue Officer C/O UIPATH, INC., 452 FIFTH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Philippe Botteri director, 10 percent owner 500 UNIVERSITY AVENUE, PALO ALTO CA 94301
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
Thomas F Mendoza director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Accel Growth Fund Iv Strategic Partners L.p. 10 percent owner 428 UNIVERSITY AVENUE, PALO ALTO CA 94301