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Couchbase (Couchbase) Asset Turnover : 0.21 (As of Jan. 2024)


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What is Couchbase Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Couchbase's Revenue for the three months ended in Jan. 2024 was $50.1 Mil. Couchbase's Total Assets for the quarter that ended in Jan. 2024 was $239.9 Mil. Therefore, Couchbase's Asset Turnover for the quarter that ended in Jan. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Couchbase's annualized ROE % for the quarter that ended in Jan. 2024 was -64.44%. It is also linked to ROA % through Du Pont Formula. Couchbase's annualized ROA % for the quarter that ended in Jan. 2024 was -35.69%.


Couchbase Asset Turnover Historical Data

The historical data trend for Couchbase'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.

Couchbase Asset Turnover Chart

Couchbase Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
1.22 1.12 0.63 0.58 0.72

Couchbase Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.17 0.16 0.18 0.19 0.21

Competitive Comparison of Couchbase's Asset Turnover

For the Software - Infrastructure subindustry, Couchbase'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.


Couchbase's Asset Turnover Distribution in the Software Industry

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

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



Couchbase Asset Turnover Calculation

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

Couchbase's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=180.037/( (253.039+247.752)/ 2 )
=180.037/250.3955
=0.72

Couchbase's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=50.089/( (231.989+247.752)/ 2 )
=50.089/239.8705
=0.21

* 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.


Couchbase  (NAS:BASE) Asset Turnover Explanation

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

Couchbase's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-85.608/132.8445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-85.608 / 200.356)*(200.356 / 239.8705)*(239.8705/ 132.8445)
=Net Margin %*Asset Turnover*Equity Multiplier
=-42.73 %*0.8353*1.8056
=ROA %*Equity Multiplier
=-35.69 %*1.8056
=-64.44 %

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

Couchbase's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-85.608/239.8705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-85.608 / 200.356)*(200.356 / 239.8705)
=Net Margin %*Asset Turnover
=-42.73 %*0.8353
=-35.69 %

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


Couchbase Asset Turnover Related Terms

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


Couchbase (Couchbase) Business Description

Traded in Other Exchanges
Address
3250 Olcott Street, Santa Clara, CA, USA, 95054
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a highly scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud.
Executives
Lynn M Christensen director 3250 OLCOTT STREET, SANTA CLARA CA 95054
Huw Owen officer: SVP & Chief Revenue Officer C/O COUCHBASE, INC., 3250 OLCOTT STREET, SANTA CLARA CA 95054
Gregory N Henry officer: SVP & Chief Financial Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
Margaret Chow officer: SVP & Chief Legal Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
William Robert Carey officer: Chief Accounting Officer 3250 OLCOTT STREET, SANTA CLARA CA 95054
Matthew M Cain director, officer: President & CEO 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Accel X Lp 10 percent owner 428 University Ave, Palo Alto ca 94301
Kevin Efrusy director, 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94031
Couchbase, Inc. director 3250 OLCOTT STREET, SANTA CLARA CA 95054
Alvina Antar director C/O COUCHBASE, INC., 3250 OLCOTT STREET, SANTA CLARA CA 95054
Edward T Anderson director, 10 percent owner 950 WINTER ST SUITE 4600, WATHAM MA 02451
Nbvm Gp, Llc 10 percent owner 950 WINTER STREET, SUITE 4600, WALTHAM MA 02451
West Rim Capital Advisors Llc 10 percent owner 3400 N. ASHTON BOULEVARD, SUITE 400, LEHI UT 84043
Denis Murphy officer: SVP & Chief Revenue Officer C/O NIMBLE STORAGE, INC., 211 RIVER OAKS PARKWAY, SAN JOSE CA 95134
Gpi Capital Gemini Holdco Lp 10 percent owner C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105