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Diebold Nixdorf AG (Diebold Nixdorf AG) Asset Turnover : 1.05 (As of Dec. 2022)


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What is Diebold Nixdorf AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Diebold Nixdorf AG's Revenue for the six months ended in Dec. 2022 was $3,461 Mil. Diebold Nixdorf AG's Total Assets for the quarter that ended in Dec. 2022 was $3,286 Mil. Therefore, Diebold Nixdorf AG's Asset Turnover for the quarter that ended in Dec. 2022 was 1.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Diebold Nixdorf AG's annualized ROE % for the quarter that ended in Dec. 2022 was 104.47%. It is also linked to ROA % through Du Pont Formula. Diebold Nixdorf AG's annualized ROA % for the quarter that ended in Dec. 2022 was -35.39%.


Diebold Nixdorf AG Asset Turnover Historical Data

The historical data trend for Diebold Nixdorf AG'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.

Diebold Nixdorf AG Asset Turnover Chart

Diebold Nixdorf AG Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.48 1.47 2.08 1.11

Diebold Nixdorf AG Semi-Annual Data
Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec20 Dec21 Dec22
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 1.48 1.47 2.08 1.11 1.05

Competitive Comparison of Diebold Nixdorf AG's Asset Turnover

For the Information Technology Services subindustry, Diebold Nixdorf AG'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.


Diebold Nixdorf AG's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Diebold Nixdorf AG's Asset Turnover falls into.



Diebold Nixdorf AG Asset Turnover Calculation

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

Diebold Nixdorf AG's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=3905.2/( (0+3507.2)/ 1 )
=3905.2/3507.2
=1.11

Diebold Nixdorf AG's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=3460.7/( (3507.2+3065)/ 2 )
=3460.7/3286.1
=1.05

* 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.


Diebold Nixdorf AG  (OTCPK:WNXDF) Asset Turnover Explanation

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

Diebold Nixdorf AG's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-1162.8/-1113
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1162.8 / 6921.4)*(6921.4 / 3286.1)*(3286.1/ -1113)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.8 %*2.1063*-2.9525
=ROA %*Equity Multiplier
=-35.39 %*-2.9525
=104.47 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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:

Diebold Nixdorf AG's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-1162.8/3286.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1162.8 / 6921.4)*(6921.4 / 3286.1)
=Net Margin %*Asset Turnover
=-16.8 %*2.1063
=-35.39 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


Diebold Nixdorf AG Asset Turnover Related Terms

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Diebold Nixdorf AG (Diebold Nixdorf AG) Business Description

Traded in Other Exchanges
N/A
Address
50 Executive Parkway, P.O. Box 2520, Hudson, OH, USA, 44236-1605
Diebold Nixdorf AG is a provider of information technology solutions and services to retail banks and the retail industry. The company's core business activities are categorized into two key segments - Banking and Retail segments. The Banking segment is dealing with the development, manufacture, and sale of hardware, software, and services for customers in the banking industry. The Retail segment is engaged in the development, production, logistics, marketing, and sale of hardware together with software and other services for retail customers. Diebold Nixdorf has a presence in more than 130 countries.

Diebold Nixdorf AG (Diebold Nixdorf AG) Headlines

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