GURUFOCUS.COM » STOCK LIST » Technology » Software » Arbe Robotics Ltd (NAS:ARBE) » Definitions » Asset Turnover

Arbe Robotics (Arbe Robotics) Asset Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Arbe Robotics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arbe Robotics's Revenue for the three months ended in Mar. 2024 was $0.14 Mil. Arbe Robotics's Total Assets for the quarter that ended in Mar. 2024 was $46.27 Mil. Therefore, Arbe Robotics's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Arbe Robotics's annualized ROE % for the quarter that ended in Mar. 2024 was -135.76%. It is also linked to ROA % through Du Pont Formula. Arbe Robotics's annualized ROA % for the quarter that ended in Mar. 2024 was -110.71%.


Arbe Robotics Asset Turnover Historical Data

The historical data trend for Arbe Robotics'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.

Arbe Robotics Asset Turnover Chart

Arbe Robotics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.08 0.04 0.04 0.03

Arbe Robotics Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 -

Competitive Comparison of Arbe Robotics's Asset Turnover

For the Software - Infrastructure subindustry, Arbe Robotics'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.


Arbe Robotics's Asset Turnover Distribution in the Software Industry

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

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



Arbe Robotics Asset Turnover Calculation

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

Arbe Robotics'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 )
=1.47/( (60.83+50.485)/ 2 )
=1.47/55.6575
=0.03

Arbe Robotics'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 )
=0.137/( (50.485+42.046)/ 2 )
=0.137/46.2655
=0.00

* 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.


Arbe Robotics  (NAS:ARBE) Asset Turnover Explanation

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

Arbe Robotics's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-51.22/37.727
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.22 / 0.548)*(0.548 / 46.2655)*(46.2655/ 37.727)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9346.72 %*0.0118*1.2263
=ROA %*Equity Multiplier
=-110.71 %*1.2263
=-135.76 %

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:

Arbe Robotics's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-51.22/46.2655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-51.22 / 0.548)*(0.548 / 46.2655)
=Net Margin %*Asset Turnover
=-9346.72 %*0.0118
=-110.71 %

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.


Arbe Robotics Asset Turnover Related Terms

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


Arbe Robotics (Arbe Robotics) Business Description

Traded in Other Exchanges
Address
107 HaHashmonaim Street, Yafo, Tel Aviv, ISR
Arbe Robotics Ltd is a provider of 4D Imaging Radar solutions enabling driver-assist systems while paving the way for fully autonomous driving. It is a research and development company in the field of chips for Advanced radar systems, which are mainly intended to be used as Advanced Driver Assistance Systems (ADAS) adapted for autonomous vehicles as well as for non-automotive uses. Its geographical segments include Sweden, China, Germany, USA, and others.