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GCT Semiconductor Holding (GCT Semiconductor Holding) Asset Turnover : 0.13 (As of Mar. 2024)


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What is GCT Semiconductor Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GCT Semiconductor Holding's Revenue for the three months ended in Mar. 2024 was $3.27 Mil. GCT Semiconductor Holding's Total Assets for the quarter that ended in Mar. 2024 was $26.12 Mil. Therefore, GCT Semiconductor Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. GCT Semiconductor Holding's annualized ROE % for the quarter that ended in Mar. 2024 was -3.41%. It is also linked to ROA % through Du Pont Formula. GCT Semiconductor Holding's annualized ROA % for the quarter that ended in Mar. 2024 was 11.59%.


GCT Semiconductor Holding Asset Turnover Historical Data

The historical data trend for GCT Semiconductor Holding'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.

GCT Semiconductor Holding Asset Turnover Chart

GCT Semiconductor Holding Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
1.52 1.00 0.97

GCT Semiconductor Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial 0.13 0.19 - 0.25 0.13

Competitive Comparison of GCT Semiconductor Holding's Asset Turnover

For the Semiconductors subindustry, GCT Semiconductor Holding'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.


GCT Semiconductor Holding's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GCT Semiconductor Holding's Asset Turnover falls into.



GCT Semiconductor Holding Asset Turnover Calculation

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

GCT Semiconductor Holding'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 )
=16.028/( (16.476+16.428)/ 2 )
=16.028/16.452
=0.97

GCT Semiconductor Holding'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 )
=3.265/( (16.428+35.819)/ 2 )
=3.265/26.1235
=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.


GCT Semiconductor Holding  (NYSE:GCTS) Asset Turnover Explanation

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

GCT Semiconductor Holding's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=3.028/-88.8985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.028 / 13.06)*(13.06 / 26.1235)*(26.1235/ -88.8985)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.19 %*0.4999*-0.2939
=ROA %*Equity Multiplier
=11.59 %*-0.2939
=-3.41 %

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:

GCT Semiconductor Holding's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=3.028/26.1235
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.028 / 13.06)*(13.06 / 26.1235)
=Net Margin %*Asset Turnover
=23.19 %*0.4999
=11.59 %

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.


GCT Semiconductor Holding Asset Turnover Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131
GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

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