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Xperi (XPER) Asset Turnover : 0.22 (As of Sep. 2024)


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What is Xperi Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Xperi's Revenue for the three months ended in Sep. 2024 was $132.9 Mil. Xperi's Total Assets for the quarter that ended in Sep. 2024 was $617.7 Mil. Therefore, Xperi's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Xperi's annualized ROE % for the quarter that ended in Sep. 2024 was -17.55%. It is also linked to ROA % through Du Pont Formula. Xperi's annualized ROA % for the quarter that ended in Sep. 2024 was -10.88%.


Xperi Asset Turnover Historical Data

The historical data trend for Xperi'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.

Xperi Asset Turnover Chart

Xperi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.40 0.51 0.74

Xperi Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.20 0.21 0.18 0.19 0.22

Competitive Comparison of Xperi's Asset Turnover

For the Software - Application subindustry, Xperi'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.


Xperi's Asset Turnover Distribution in the Software Industry

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

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



Xperi Asset Turnover Calculation

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

Xperi'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 )
=521.334/( (736.911+673.635)/ 2 )
=521.334/705.273
=0.74

Xperi's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=132.891/( (619.247+616.168)/ 2 )
=132.891/617.7075
=0.22

* 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.


Xperi  (NYSE:XPER) Asset Turnover Explanation

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

Xperi's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-67.22/383.0715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-67.22 / 531.564)*(531.564 / 617.7075)*(617.7075/ 383.0715)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.65 %*0.8605*1.6125
=ROA %*Equity Multiplier
=-10.88 %*1.6125
=-17.55 %

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

Xperi's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-67.22/617.7075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-67.22 / 531.564)*(531.564 / 617.7075)
=Net Margin %*Asset Turnover
=-12.65 %*0.8605
=-10.88 %

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


Xperi Asset Turnover Related Terms

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


Xperi Business Description

Traded in Other Exchanges
N/A
Address
2190 Gold Street, San Jose, CA, USA, 95002
Xperi Inc consumer and entertainment technology company. Its offering comprises a portfolio of software and services. Its business is divided into four categories based on the products delivered and customers served: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions. It generates the majority of its revenue from the Consumer Electronics segment.
Executives
Jon Kirchner director, officer: CEO & President C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Robert J Andersen officer: Chief Financial Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Rebecca Marquez officer: See Remarks C/O XPERI INC., SAN JOSE CA 95002
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Darcy Antonellis director 3900 DALLAS PKWY, SUITE 500, PLANO TX 75093
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher A Seams director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Matthew Milne officer: Chief Revenue Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: Chief Products & Services Off. C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Xperi Holding Corp 10 percent owner 3025 ORCHARD PARKWAY, SAN JOSE CA 95134