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Archer Aviation (Archer Aviation) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Archer Aviation Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Archer Aviation's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Archer Aviation's Total Assets for the quarter that ended in Dec. 2023 was $546.95 Mil. Therefore, Archer Aviation's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Archer Aviation's annualized ROE % for the quarter that ended in Dec. 2023 was -119.30%. It is also linked to ROA % through Du Pont Formula. Archer Aviation's annualized ROA % for the quarter that ended in Dec. 2023 was -79.79%.


Archer Aviation Asset Turnover Historical Data

The historical data trend for Archer Aviation'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.

Archer Aviation Asset Turnover Chart

Archer Aviation Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- - - -

Archer Aviation Quarterly Data
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 - - - - -

Competitive Comparison of Archer Aviation's Asset Turnover

For the Aerospace & Defense subindustry, Archer Aviation'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.


Archer Aviation's Asset Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Archer Aviation's Asset Turnover distribution charts can be found below:

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



Archer Aviation Asset Turnover Calculation

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

Archer Aviation'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 )
=0/( (573.8+554.3)/ 2 )
=0/564.05
=0.00

Archer Aviation'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 )
=0/( (539.6+554.3)/ 2 )
=0/546.95
=0.00

* 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.


Archer Aviation  (NYSE:ACHR) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-436.4/365.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-436.4 / 0)*(0 / 546.95)*(546.95/ 365.8)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4952
=ROA %*Equity Multiplier
=-79.79 %*1.4952
=-119.30 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-436.4/546.95
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-436.4 / 0)*(0 / 546.95)
=Net Margin %*Asset Turnover
= %*0
=-79.79 %

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.


Archer Aviation Asset Turnover Related Terms

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


Archer Aviation (Archer Aviation) Business Description

Traded in Other Exchanges
N/A
Address
190 West Tasman Drive, San Jose, CA, USA, 95134
Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for around 60 miles at speeds of up to 150 mph while producing minimal noise.
Executives
Tosha Perkins officer: Chief People Officer 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Andy Missan officer: Chief Legal Officer C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
N.v. Stellantis 10 percent owner TAURUSAVENUE 1, HOOFDDORP P7 2132LS
Thomas Paul Muniz officer: Chief Operating Officer C/O ARCHE AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Fca Foreign Sales Holdco Ltd. 10 percent owner PINLEY HOUSE, 2 SUNBEAM WAY, CONVENTRY, WEST MIDLANDS X0 CV3 1ND
Sfs Uk 1 Ltd. 10 percent owner PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, WEST MIDLANDS X0 CV3 1ND
Fca Italy S.p.a. 10 percent owner CORSO GIOVANNI AGNELLI 200, TURIN L6 10135
Fca Us Llc 10 percent owner 1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Fca North America Holdings Llc 10 percent owner 1000 CHRYSLER DRIVE, AUBURN HILLS MI 48326
Brett Adcock 10 percent owner C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Deborah Diaz director 6830 OLD DOMINION DRIVE, MCLEAN VA 22101
Mark Mesler officer: Chief Financial Officer C/O ARCHER AVIATION INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Michael Spellacy director 399 PARK AVENUE, NEW YORK NY 10022
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Adam D Goldstein director, officer: Co-Chief Executive Officer C/O ARCHER AVIATION INC., 190 TASMAN DRIVE, SAN JOSE CA 95134

Archer Aviation (Archer Aviation) Headlines

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