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OSRAM Licht AG (XSWX:OSR) Asset Turnover : 0.12 (As of Mar. 2024)


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What is OSRAM Licht 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. OSRAM Licht AG's Revenue for the three months ended in Mar. 2024 was CHF818 Mil. OSRAM Licht AG's Total Assets for the quarter that ended in Mar. 2024 was CHF6,826 Mil. Therefore, OSRAM Licht AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. OSRAM Licht AG's annualized ROE % for the quarter that ended in Mar. 2024 was -184.58%. It is also linked to ROA % through Du Pont Formula. OSRAM Licht AG's annualized ROA % for the quarter that ended in Mar. 2024 was -40.18%.


OSRAM Licht AG Asset Turnover Historical Data

The historical data trend for OSRAM Licht 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.

OSRAM Licht AG Asset Turnover Chart

OSRAM Licht AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.75 0.73 0.73 0.43

OSRAM Licht AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
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 - 0.11 0.11 - 0.12

Competitive Comparison of OSRAM Licht AG's Asset Turnover

For the Electrical Equipment & Parts subindustry, OSRAM Licht 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.


OSRAM Licht AG's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where OSRAM Licht AG's Asset Turnover falls into.



OSRAM Licht AG Asset Turnover Calculation

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

OSRAM Licht AG'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 )
=3385.64/( (8715.986+6979.7)/ 2 )
=3385.64/7847.843
=0.43

OSRAM Licht AG's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=818.092/( (6979.7+6673.193)/ 2 )
=818.092/6826.4465
=0.12

* 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.


OSRAM Licht AG  (XSWX:OSR) Asset Turnover Explanation

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

OSRAM Licht AG's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2743.068/1486.079
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2743.068 / 3272.368)*(3272.368 / 6826.4465)*(6826.4465/ 1486.079)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.83 %*0.4794*4.5936
=ROA %*Equity Multiplier
=-40.18 %*4.5936
=-184.58 %

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

OSRAM Licht AG's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-2743.068/6826.4465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2743.068 / 3272.368)*(3272.368 / 6826.4465)
=Net Margin %*Asset Turnover
=-83.83 %*0.4794
=-40.18 %

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


OSRAM Licht AG Asset Turnover Related Terms

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OSRAM Licht AG (XSWX:OSR) Business Description

Traded in Other Exchanges
Address
Tobelbader Straße 30, Premstaetten, Graz, AUT, 8141
OSRAM Licht AG is a Germany-based company that manufactures & distributes lighting fixtures & products, including lamps, lighting systems, light-emitting diodes, & other Opto semiconductors, light management systems, & outdoor lighting solutions. The firm operates into two segments. The semiconductor segment concentrate on semiconductor-based products & solutions (incl.LED) for the automotive, consumer, industrial & medical technology markets. The Lamps & Systems segment comprises lamps & lighting systems focusing on the automotive including traditional lighting technologies & industrial end markets. The majority of revenue is from the Semiconductors segment. Geographically, it operates in EMEA (Europe, Middle East, & Africa), the Americas (North & South America), & Asia/Pacific.

OSRAM Licht AG (XSWX:OSR) Headlines

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