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SunEdison (SunEdison) Asset Turnover : 0.03 (As of Sep. 2015)


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What is SunEdison Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SunEdison's Revenue for the three months ended in Sep. 2015 was $476.00 Mil. SunEdison's Total Assets for the quarter that ended in Sep. 2015 was $19,135.50 Mil. Therefore, SunEdison's Asset Turnover for the quarter that ended in Sep. 2015 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. SunEdison's annualized ROE % for the quarter that ended in Sep. 2015 was -111.70%. It is also linked to ROA % through Du Pont Formula. SunEdison's annualized ROA % for the quarter that ended in Sep. 2015 was -5.94%.


SunEdison Asset Turnover Historical Data

The historical data trend for SunEdison'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.

SunEdison Asset Turnover Chart

SunEdison Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.57 0.53 0.35 0.27

SunEdison Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.05 0.11 0.03 0.03 0.03

Competitive Comparison of SunEdison's Asset Turnover

For the Solar subindustry, SunEdison'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.


SunEdison's Asset Turnover Distribution in the Semiconductors Industry

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

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



SunEdison Asset Turnover Calculation

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

SunEdison's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=2484.4/( (6680.5+11499.8)/ 2 )
=2484.4/9090.15
=0.27

SunEdison's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=476/( (17557+20714)/ 2 )
=476/19135.5
=0.02

* 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.


SunEdison  (OTCPK:SDSNQ.PFD) Asset Turnover Explanation

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

SunEdison's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-1136/1017
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1136 / 1904)*(1904 / 19135.5)*(19135.5/ 1017)
=Net Margin %*Asset Turnover*Equity Multiplier
=-59.66 %*0.0995*18.8156
=ROA %*Equity Multiplier
=-5.94 %*18.8156
=-111.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

SunEdison's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=-1136/19135.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1136 / 1904)*(1904 / 19135.5)
=Net Margin %*Asset Turnover
=-59.66 %*0.0995
=-5.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


SunEdison Asset Turnover Related Terms

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


SunEdison (SunEdison) Business Description

Traded in Other Exchanges
N/A
Address
MEMC Electronic Materials produces silicon wafers that are the basic materials used by chipmakers to fabricate semiconductors. The company operates manufacturing facilities in Europe, Japan, Malaysia, South Korea, Taiwan, and the United States. Customers include manufacturers of computer memory and microprocessors.
Executives
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iv Llc 10 percent owner C/O STRATEGIC VALUE PARTNERS, LLC, 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii-a Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Victor Khosla 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iii Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Ilan Daskal officer: EVP & CFO Designee 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Claire Gogel director C/O SUNEDISON, INC., 13736 RIVERPORT DRIVE, SUITE 180, MARYLAND HEIGHTS MO 63043
Daley Clayton C Jr director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Georganne Proctor director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Emmanuel T Hernandez director C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST. PETERS MO 63376
Peter Blackmore director UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
David A Ranhoff officer: SVP; President Solar Materials MEMC ELECTRONIC MATERIALS, 501 PEARL DRIVE, ST. PETERS MO 63366
Shaker Sadasivam other: CEO & Pres. SSL P O BOX 8, SAINT PETERS MO 63376
Steven Vincent Tesoriere director C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104

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