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CrowdStrike Holdings (CrowdStrike Holdings) Asset Turnover : 0.14 (As of Jan. 2024)


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What is CrowdStrike Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CrowdStrike Holdings's Revenue for the three months ended in Jan. 2024 was $845 Mil. CrowdStrike Holdings's Total Assets for the quarter that ended in Jan. 2024 was $6,239 Mil. Therefore, CrowdStrike Holdings's Asset Turnover for the quarter that ended in Jan. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. CrowdStrike Holdings's annualized ROE % for the quarter that ended in Jan. 2024 was 9.91%. It is also linked to ROA % through Du Pont Formula. CrowdStrike Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was 3.44%.


CrowdStrike Holdings Asset Turnover Historical Data

The historical data trend for CrowdStrike Holdings'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.

CrowdStrike Holdings Asset Turnover Chart

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial 0.52 0.42 0.46 0.52 0.52

CrowdStrike Holdings Quarterly Data
Apr19 Jul19 Oct19 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 Premium Member Only Premium Member Only Premium Member Only 0.13 0.14 0.14 0.14 0.14

Competitive Comparison of CrowdStrike Holdings's Asset Turnover

For the Software - Infrastructure subindustry, CrowdStrike Holdings'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.


CrowdStrike Holdings's Asset Turnover Distribution in the Software Industry

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

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



CrowdStrike Holdings Asset Turnover Calculation

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

CrowdStrike Holdings'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 )
=3055.555/( (5026.54+6646.52)/ 2 )
=3055.555/5836.53
=0.52

CrowdStrike Holdings'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 )
=845.335/( (5831.056+6646.52)/ 2 )
=845.335/6238.788
=0.14

* 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.


CrowdStrike Holdings  (NAS:CRWD) Asset Turnover Explanation

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

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

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=214.796/2166.45
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(214.796 / 3381.34)*(3381.34 / 6238.788)*(6238.788/ 2166.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.35 %*0.542*2.8797
=ROA %*Equity Multiplier
=3.44 %*2.8797
=9.91 %

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:

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

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=214.796/6238.788
=(Net Income / Revenue)*(Revenue / Total Assets)
=(214.796 / 3381.34)*(3381.34 / 6238.788)
=Net Margin %*Asset Turnover
=6.35 %*0.542
=3.44 %

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.


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.


CrowdStrike Holdings Asset Turnover Related Terms

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CrowdStrike Holdings (CrowdStrike Holdings) Business Description

Traded in Other Exchanges
Address
206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
Executives
Michael Sentonas officer: PRESIDENT C/O CROWDSTRIKE, INC., 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
George Kurtz director, 10 percent owner, officer: PRESIDENT AND CEO CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Sameer K Gandhi director, 10 percent owner
Anurag Saha officer: CHIEF ACCOUNTING OFFICER 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
Shawn Henry officer: Please see remarks CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Burt W. Podbere officer: CHIEF FINANCIAL OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Denis Oleary director 40 MORRIS LANE, SCARSDALE NY 10583
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Roxanne S Austin director 200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Johanna Flower director C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
Michael J. Carpenter officer: PRES., GLBAL SALES & FLD OPS CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Black Colin officer: CHIEF OPERATING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVAL CA 94086
Abhishek Maheshwari officer: CHIEF ACCOUNTING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Cary Davis director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017