SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'turnover' Infineon Technologies AG (XTER:IFX) Asset Turnover
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Infineon Technologies AG (XTER:IFX) » Definitions » Asset Turnover

Infineon Technologies AG (XTER:IFX) Asset Turnover

: 0.13 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Infineon Technologies AG's Revenue for the three months ended in Dec. 2023 was €3,702 Mil. Infineon Technologies AG's Total Assets for the quarter that ended in Dec. 2023 was €28,406 Mil. Therefore, Infineon Technologies AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Infineon Technologies AG's annualized ROE % for the quarter that ended in Dec. 2023 was 13.70%. It is also linked to ROA % through Du Pont Formula. Infineon Technologies AG's annualized ROA % for the quarter that ended in Dec. 2023 was 8.27%.

Infineon Technologies AG Asset Turnover Historical Data

The historical data trend for Infineon Technologies 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.

Infineon Technologies AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.48 0.49 0.57 0.59

Infineon Technologies AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.15 0.16 0.15 0.15 0.13
Competitive Comparison

For the Semiconductors subindustry, Infineon Technologies 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.

Infineon Technologies AG Asset Turnover Distribution

For the Semiconductors industry and Technology sector, Infineon Technologies AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Infineon Technologies AG's Asset Turnover falls into.


Infineon Technologies AG Asset Turnover Calculation

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

Infineon Technologies AG's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=16309/( (26912+28439)/ 2 )
=16309/27675.5
=0.59

Infineon Technologies AG'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 )
=3702/( (28439+28373)/ 2 )
=3702/28406
=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.

Infineon Technologies AG  (XTER:IFX) Asset Turnover Explanation

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

Infineon Technologies AG's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2348/17139
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2348 / 14808)*(14808 / 28406)*(28406/ 17139)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.86 %*0.5213*1.6574
=ROA %*Equity Multiplier
=8.27 %*1.6574
=13.70 %

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:

Infineon Technologies AG's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2348/28406
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2348 / 14808)*(14808 / 28406)
=Net Margin %*Asset Turnover
=15.86 %*0.5213
=8.27 %

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.

Infineon Technologies AG Asset Turnover Related Terms

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Infineon Technologies AG (XTER:IFX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Infineon Technologies AG (XTER:IFX) » Definitions » Asset Turnover
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Traded in Other Exchanges
IFNNY:USA IFNNF:USA IFX:Mexico INFINEON:Hungary IFXd:UK 0KED:UK IFX:Austria
Address
Am Campeon 1-15, Neubiberg, Munich, DEU, 85579
Website
https://www.infineon.com
Infineon Technologies AG headquartered in Munich, was spun off from German industrial conglomerate Siemens in 2000 and today is one of Europe's largest chipmakers. The company is a leader in the automotive semiconductor market with prominent products used in active safety and powertrain content within vehicles. Infineon is also the market leader in power semiconductors used to deliver voltage within a wide variety of electrical systems. The company operates in four segments: automotive, or ATV, green industrial power, or GIP, power and sensor systems, or PSS, and connected secure systems, or CSS.
Executives
Andreas Urschitz Board of Directors
Dr. Rutger Wijburg Board of Directors
Constanze Hufenbecher Board of Directors

Infineon Technologies AG (XTER:IFX) Headlines

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