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SentinelOne (SentinelOne) Asset Turnover : 0.08 (As of Jan. 2024)


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What is SentinelOne Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SentinelOne's Revenue for the three months ended in Jan. 2024 was $174.2 Mil. SentinelOne's Total Assets for the quarter that ended in Jan. 2024 was $2,258.6 Mil. Therefore, SentinelOne's Asset Turnover for the quarter that ended in Jan. 2024 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. SentinelOne's annualized ROE % for the quarter that ended in Jan. 2024 was -18.14%. It is also linked to ROA % through Du Pont Formula. SentinelOne's annualized ROA % for the quarter that ended in Jan. 2024 was -12.75%.


SentinelOne Asset Turnover Historical Data

The historical data trend for SentinelOne'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.

SentinelOne Asset Turnover Chart

SentinelOne Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
0.41 0.29 0.16 0.20 0.27

SentinelOne 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 0.06 0.06 0.07 0.08 0.08

Competitive Comparison of SentinelOne's Asset Turnover

For the Software - Infrastructure subindustry, SentinelOne'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.


SentinelOne's Asset Turnover Distribution in the Software Industry

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

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



SentinelOne Asset Turnover Calculation

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

SentinelOne'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 )
=621.154/( (2258.913+2321.407)/ 2 )
=621.154/2290.16
=0.27

SentinelOne'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 )
=174.175/( (2195.867+2321.407)/ 2 )
=174.175/2258.637
=0.08

* 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.


SentinelOne  (NYSE:S) Asset Turnover Explanation

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

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

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-287.928/1587.436
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-287.928 / 696.7)*(696.7 / 2258.637)*(2258.637/ 1587.436)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.33 %*0.3085*1.4228
=ROA %*Equity Multiplier
=-12.75 %*1.4228
=-18.14 %

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:

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

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-287.928/2258.637
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-287.928 / 696.7)*(696.7 / 2258.637)
=Net Margin %*Asset Turnover
=-41.33 %*0.3085
=-12.75 %

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.


SentinelOne Asset Turnover Related Terms

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


SentinelOne (SentinelOne) Business Description

Traded in Other Exchanges
Address
444 Castro Street, Suite 400, Mountain View, CA, USA, 94041
SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne's primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.
Executives
Narayanan Srivatsan officer: Chief Operating Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Tomer Weingarten officer: President, CEO C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Insight Associates Fund X Follow-on, Ltd. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
David J. Bernhardt officer: Chief Financial Officer C/O SENTINELONE, INC., 555 CASTRO STREET, SUITE 400, MOUNTAIN VIEW CA 94041
Ric Smith officer: Chief Technology Officer C/O SENTINELONE, 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Keenan Michael Conder officer: Chief Legal Officer & Sec'y C/O TABLEAU SOFTWARE, INC., 837 N. 34TH ST., SUITE 200, SEATTLE WA 98103
Robin Tomasello officer: Chief Accounting Officer C/O SENTINELONE, INC., 444 CASTRO ST., SUITE 400, MOUNTAIN VIEW CA 94041
Nicholas Warner officer: Chief Operating Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Mark S Peek director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Daniel S Loeb 10 percent owner THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Robert S Schwartz director C/O THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Ana G. Pinczuk director 5725 DELPHI DRIVE, TROY MI 48098
Efraim Harari officer: Chief Legal and Trust Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Insight Associates Xi, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS 36TH FLOOR, NEW YORK NY 10036