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Twitter (Twitter) Asset Turnover : 0.09 (As of Jun. 2022)


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What is Twitter Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Twitter's Revenue for the three months ended in Jun. 2022 was $1,177 Mil. Twitter's Total Assets for the quarter that ended in Jun. 2022 was $13,565 Mil. Therefore, Twitter's Asset Turnover for the quarter that ended in Jun. 2022 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Twitter's annualized ROE % for the quarter that ended in Jun. 2022 was -18.25%. It is also linked to ROA % through Du Pont Formula. Twitter's annualized ROA % for the quarter that ended in Jun. 2022 was -7.96%.


Twitter Asset Turnover Historical Data

The historical data trend for Twitter'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.

Twitter Asset Turnover Chart

Twitter Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.35 0.30 0.29 0.37

Twitter Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.08 0.09 0.11 0.09 0.09

Competitive Comparison of Twitter's Asset Turnover

For the Internet Content & Information subindustry, Twitter'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.


Twitter's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Twitter's Asset Turnover distribution charts can be found below:

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



Twitter Asset Turnover Calculation

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

Twitter's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=5077.482/( (13379.09+14059.516)/ 2 )
=5077.482/13719.303
=0.37

Twitter's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=1176.66/( (13550.957+13579.287)/ 2 )
=1176.66/13565.122
=0.09

* 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.


Twitter  (NYSE:TWTR) Asset Turnover Explanation

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

Twitter's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-1080.028/5918.6985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1080.028 / 4706.64)*(4706.64 / 13565.122)*(13565.122/ 5918.6985)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.95 %*0.347*2.2919
=ROA %*Equity Multiplier
=-7.96 %*2.2919
=-18.25 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Twitter's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-1080.028/13565.122
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1080.028 / 4706.64)*(4706.64 / 13565.122)
=Net Margin %*Asset Turnover
=-22.95 %*0.347
=-7.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Twitter Asset Turnover Related Terms

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


Twitter (Twitter) Business Description

Traded in Other Exchanges
N/A
Address
1355 Market Street, Suite 900, San Francisco, CA, USA, 94103
Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph. Many prominent celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%).
Executives
Parag Agrawal director, officer: Former Chief Executive Officer C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Vijaya Gadde officer: Former Chief Legal Officer C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Ned D. Segal officer: Former Chief Financial Officer 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Jack Dorsey other: Possible member of 10% group C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Nick V. Caldwell officer: General Manager of Core Tech C/O HUBSPOT, INC., 25 FIRST STREET, CAMBRIDGE MA 02141
Kayvon Beykpour officer: General Manager of Consumer C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Saud H R H Prince Alwaleed Bin Talal Bin Abdulaziz Al other: Possible member of 10% group C/O KINGDOM HOLDING COMPANY, KINGDOM CTR FLOOR 66 P O BOX 2, RIYADH T0 11321
Robert Kaiden officer: Chief Accounting Officer C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Bruce Falck officer: General Manager of Revenue C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Michael Montano officer: Engineering Lead C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Slp V Aggregator Gp, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Titus Holdings Ii, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Titus Gp Ii, L.l.c. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slta V (gp), L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Investors V, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

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