GURUFOCUS.COM » STOCK LIST » Technology » Software » Qlik Technologies Inc (NAS:QLIK) » Definitions » Asset Turnover

Qlik Technologies (Qlik Technologies) Asset Turnover : 0.28 (As of Jun. 2016)


View and export this data going back to 2010. Start your Free Trial

What is Qlik 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. Qlik Technologies's Revenue for the three months ended in Jun. 2016 was $180.6 Mil. Qlik Technologies's Total Assets for the quarter that ended in Jun. 2016 was $652.9 Mil. Therefore, Qlik Technologies's Asset Turnover for the quarter that ended in Jun. 2016 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Qlik Technologies's annualized ROE % for the quarter that ended in Jun. 2016 was -7.42%. It is also linked to ROA % through Du Pont Formula. Qlik Technologies's annualized ROA % for the quarter that ended in Jun. 2016 was -4.11%.


Qlik Technologies Asset Turnover Historical Data

The historical data trend for Qlik 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.

Qlik Technologies Asset Turnover Chart

Qlik Technologies Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial 1.10 1.10 1.10 1.08 1.00

Qlik Technologies Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.27 0.25 0.34 0.21 0.28

Competitive Comparison of Qlik Technologies's Asset Turnover

For the Software - Infrastructure subindustry, Qlik 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.


Qlik Technologies's Asset Turnover Distribution in the Software Industry

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

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



Qlik Technologies Asset Turnover Calculation

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

Qlik Technologies's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=612.732/( (561.901+666.596)/ 2 )
=612.732/614.2485
=1.00

Qlik Technologies's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=180.644/( (631.559+674.275)/ 2 )
=180.644/652.917
=0.28

* 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.


Qlik Technologies  (NAS:QLIK) Asset Turnover Explanation

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

Qlik Technologies's annulized ROE % for the quarter that ended in Jun. 2016 is

ROE %**(Q: Jun. 2016 )
=Net Income/Total Stockholders Equity
=-26.852/361.7465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.852 / 722.576)*(722.576 / 652.917)*(652.917/ 361.7465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.72 %*1.1067*1.8049
=ROA %*Equity Multiplier
=-4.11 %*1.8049
=-7.42 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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:

Qlik Technologies's annulized ROA % for the quarter that ended in Jun. 2016 is

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=-26.852/652.917
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26.852 / 722.576)*(722.576 / 652.917)
=Net Margin %*Asset Turnover
=-3.72 %*1.1067
=-4.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Qlik Technologies Asset Turnover Related Terms

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


Qlik Technologies (Qlik Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Qlik Technologies Inc was founded in Sweden in 1993. It solves problems for organizations of all sizes, including the enterprises. The Company is a user-driven Business Intelligence solution that enables its customers to make robust and faster business decisions. The Qlikview Business Discovery platform, or QlikView, helps people create and share insights and analysis in groups and across organizations. Business users can explore data, ask and answer their own stream of questions and follow their own path to insight on their own and in teams and groups. The QlikView is powered by its in-memory engine which maintains associations in data and calculates aggregations as needed. The Company operates in one business segment, namely, the development, commercialization and implementation of software products and related services. It offers solution from middle market customers to large enterprises such as Autodesk, The Dannon Company, Inc., Heidelberger Druckmaschinen AG, Hertz, ING, Kraft Foods, L'Oreal, Lifetime Brands, Lockton Insurance, National Health Service (NHS), Panasonic, Qualcomm, Sony Europe, Symantec, U.S. Department of Veterans Affairs and Volvo Car UK Limited. Its products include: QlikView, QlikView Expressor and QlikView.Next. Its customers can renew, and generally have renewed, their maintenance agreements for a fee that is based upon a percentage of the initial license fee paid. Company market and sell its products and services through its direct sales force and an indirect sales channel comprised of partner network. The Company competes with large software corporations, including suppliers of enterprise resource planning software, that provide one or more capabilities competitive with its products, such as IBM, Microsoft, Oracle and SAP AG.
Executives
Timothy J Maccarrick officer: CFO C/O QLIK TECHNOLOGIES INC.,, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Deborah C Hopkins director 1007 MARKET ST, WILMINGTON DE 19898
Bruce Golden director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Diane Adams officer: Chief People Officer 222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO IL 60654
Steffan Tomlinson director PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Gavin John J Jr director
John C Burris director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Erel N Margalit director 41 MADISON AVENUE 25TH FLOOR, NEW YORK NY 10010
Jerusalem Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv A Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv Israel Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Partners Iv - Venture Capital Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Venture Partners Entrepreneurs Fund Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jvp Corp Iv 10 percent owner C/O ALEXANDRIA BANCORP LTD, P.O. BOX 2428 GT, GRAND CAYMAN E9 00000
Jerusalem Venture Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FLOOR, NEW YORK NY 10010

Qlik Technologies (Qlik Technologies) Headlines

From GuruFocus

Big Data Firms Struggle as They Trade on Fundamentals

By Ryan Foster Ryan Foster 02-12-2016

Paul Singer Purchases Stake in Qlik Technologies

By Kyle Ferguson Kyle Ferguson 06-03-2016