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Sempra (Sempra) Asset Turnover : 0.04 (As of Dec. 2023)


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What is Sempra Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sempra's Revenue for the three months ended in Dec. 2023 was $3,491 Mil. Sempra's Total Assets for the quarter that ended in Dec. 2023 was $86,458 Mil. Therefore, Sempra's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Sempra's annualized ROE % for the quarter that ended in Dec. 2023 was 10.51%. It is also linked to ROA % through Du Pont Formula. Sempra's annualized ROA % for the quarter that ended in Dec. 2023 was 3.46%.


Sempra Asset Turnover Historical Data

The historical data trend for Sempra'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.

Sempra Asset Turnover Chart

Sempra Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.17 0.19 0.19 0.20

Sempra Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.08 0.04 0.04 0.04

Competitive Comparison of Sempra's Asset Turnover

For the Utilities - Diversified subindustry, Sempra'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.


Sempra's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sempra's Asset Turnover distribution charts can be found below:

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



Sempra Asset Turnover Calculation

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

Sempra's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=16720/( (78574+87181)/ 2 )
=16720/82877.5
=0.20

Sempra's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3491/( (85735+87181)/ 2 )
=3491/86458
=0.04

* 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.


Sempra  (NYSE:SRE) Asset Turnover Explanation

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

Sempra's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2992/28476.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2992 / 13964)*(13964 / 86458)*(86458/ 28476.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.43 %*0.1615*3.0361
=ROA %*Equity Multiplier
=3.46 %*3.0361
=10.51 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Sempra's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2992/86458
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2992 / 13964)*(13964 / 86458)
=Net Margin %*Asset Turnover
=21.43 %*0.1615
=3.46 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Sempra Asset Turnover Related Terms

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


Sempra (Sempra) Business Description

Traded in Other Exchanges
Address
488 8th Avenue, San Diego, CA, USA, 92101
Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
Executives
Richard J Mark director 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Jeffrey W Martin director, officer: Chairman, CEO and President 101 ASH STREET, SAN DIEGO CA 92101
Karen L Sedgwick officer: Chief HR Officer, CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Peter R Wall officer: SVP, Controller and CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Trevor I Mihalik officer: Executive VP and CFO 101 ASH STREET, SAN DIEGO CA 92101
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Cynthia Lynn Walker director 5 GREENWAY PLAZA, HOUSTON TX 77046
Maria Contreras-sweet director 488 8TH AVENUE, SAN DIEGO CA 92101
Andres Conesa director 488 8TH AVENUE, SAN DIEGO CA 92101
Michael N Mears director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Jones William D /ca/ director
James C Yardley director 1001 LOUISIANA STREET, HOUSTON TX 77002
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Jack T Taylor director 10951 SANCTUARY DRIVE, SHREVEPORT LA 71106