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SLAB (Silicon Laboratories) Asset Turnover : 0.14 (As of Dec. 2024)


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What is Silicon Laboratories Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Silicon Laboratories's Revenue for the three months ended in Dec. 2024 was $166.2 Mil. Silicon Laboratories's Total Assets for the quarter that ended in Dec. 2024 was $1,236.0 Mil. Therefore, Silicon Laboratories's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Silicon Laboratories's annualized ROE % for the quarter that ended in Dec. 2024 was -8.82%. It is also linked to ROA % through Du Pont Formula. Silicon Laboratories's annualized ROA % for the quarter that ended in Dec. 2024 was -7.71%.


Silicon Laboratories Asset Turnover Historical Data

The historical data trend for Silicon Laboratories'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.

Silicon Laboratories Asset Turnover Chart

Silicon Laboratories Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.29 0.40 0.43 0.44

Silicon Laboratories Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.06 0.08 0.11 0.13 0.14

Competitive Comparison of Silicon Laboratories's Asset Turnover

For the Semiconductors subindustry, Silicon Laboratories'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.


Silicon Laboratories's Asset Turnover Distribution in the Semiconductors Industry

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

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



Silicon Laboratories Asset Turnover Calculation

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

Silicon Laboratories'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 )
=584.386/( (1443.056+1222.674)/ 2 )
=584.386/1332.865
=0.44

Silicon Laboratories'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 )
=166.249/( (1249.242+1222.674)/ 2 )
=166.249/1235.958
=0.13

* 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.


Silicon Laboratories  (NAS:SLAB) Asset Turnover Explanation

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

Silicon Laboratories's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-95.292/1080.7035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-95.292 / 664.996)*(664.996 / 1235.958)*(1235.958/ 1080.7035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.33 %*0.538*1.1437
=ROA %*Equity Multiplier
=-7.71 %*1.1437
=-8.82 %

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:

Silicon Laboratories's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-95.292/1235.958
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-95.292 / 664.996)*(664.996 / 1235.958)
=Net Margin %*Asset Turnover
=-14.33 %*0.538
=-7.71 %

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.


Silicon Laboratories Asset Turnover Related Terms

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


Silicon Laboratories Business Description

Traded in Other Exchanges
N/A
Address
400 West Cesar Chavez, Austin, TX, USA, 78701
Silicon Laboratories Inc Inc is a provider of secure, intelligent wireless technology for a more connected world. The company's integrated hardware and software platform, intuitive development tools, industry ecosystem, and robust support help customers build industrial, commercial, home, and life applications. Company make it easy for developers to solve complex wireless challenges throughout the product lifecycle and get to market quickly with solutions that transform industries, grow economies, and improve lives. Company operates in USA, China, Taiwan and Rest of World, with maximum revenue from rest of the world.
Executives
William G Bock director, officer: President 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Navdeep S Sooch director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Brandon Tolany officer: Sr VP of Worldwide Sales 400 WEST CESAR CHAVEZ STREET, AUSTIN TX 78701
Robert Matthew Johnson officer: SR VP & GM, IOT 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Christy Wyatt director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Robert J Conrad director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Sherri R Luther director 111 SW FIFTH AVE SUITE 700, PORTLAND OR 97204
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Sumit Sadana director 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Mark D Mauldin officer: CHIEF ACCOUNTING OFFICER 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Daniel Mark Thompson officer: SR VP & GM, INFRA & Automotive 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
John C Hollister officer: Sr VP and CFO 400 W CESAR CHAVEZ, AUSTIN TX 78701
George Tyson Tuttle director, officer: CEO 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Sandeep P Kumar officer: SVP, Worldwide Operations 400 W CESAR CHAVEZ, AUSTIN TX 78701