Skyworks Asset Turnover from 2010 to 2024

SWKS Stock  USD 90.63  0.99  1.10%   
Skyworks Solutions Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Skyworks Solutions uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.50438835
Current Value
0.80579433
Quarterly Volatility
0.07309529
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skyworks Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skyworks Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 473.9 M, Interest Expense of 27.8 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 2.42, Dividend Yield of 0.0269 or PTB Ratio of 2.2. Skyworks financial statements analysis is a perfect complement when working with Skyworks Solutions Valuation or Volatility modules.
  
Check out the analysis of Skyworks Solutions Correlation against competitors.
For more information on how to buy Skyworks Stock please use our How to Invest in Skyworks Solutions guide.

Latest Skyworks Solutions' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Skyworks Solutions over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Skyworks Solutions' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skyworks Solutions' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Very volatile
   Asset Turnover   
       Timeline  

Skyworks Asset Turnover Regression Statistics

Arithmetic Mean0.60
Geometric Mean0.59
Coefficient Of Variation12.27
Mean Deviation0.04
Median0.59
Standard Deviation0.07
Sample Variance0.01
Range0.3014
R-Value(0.09)
Mean Square Error0.01
R-Squared0.01
Significance0.75
Slope(0)
Total Sum of Squares0.07

Skyworks Asset Turnover History

2024 0.81
2021 0.5
2011 0.59
2010 0.67

Other Fundumenentals of Skyworks Solutions

Skyworks Solutions Asset Turnover component correlations

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0.970.360.950.760.780.990.390.4-0.170.410.340.590.040.970.940.730.43-0.54-0.55-0.1-0.29-0.69-0.76-0.66
0.570.360.410.640.840.270.730.050.35-0.11-0.240.530.570.390.570.86-0.5-0.04-0.8-0.55-0.54-0.75-0.42-0.21
0.940.950.410.710.790.920.390.32-0.120.560.110.74-0.090.980.890.720.44-0.48-0.51-0.13-0.4-0.74-0.77-0.61
0.830.760.640.710.840.740.770.610.20.090.350.550.120.720.730.770.23-0.03-0.5-0.53-0.63-0.67-0.42-0.25
0.910.780.840.790.840.720.640.350.260.160.040.720.360.790.870.98-0.05-0.28-0.79-0.42-0.54-0.86-0.66-0.42
0.940.990.270.920.740.720.360.46-0.190.370.370.510.00.950.890.660.52-0.51-0.48-0.07-0.24-0.63-0.71-0.63
0.510.390.730.390.770.640.360.290.04-0.230.020.420.280.370.430.59-0.080.15-0.49-0.61-0.55-0.64-0.28-0.15
0.40.40.050.320.610.350.460.290.350.190.630.31-0.310.370.250.20.510.250.13-0.17-0.34-0.220.060.21
-0.01-0.170.35-0.120.20.26-0.190.040.35-0.070.050.29-0.02-0.15-0.120.25-0.180.510.05-0.43-0.5-0.050.320.68
0.330.41-0.110.560.090.160.37-0.230.19-0.070.050.51-0.640.550.330.040.51-0.290.170.27-0.21-0.28-0.36-0.15
0.240.34-0.240.110.350.040.370.020.630.050.050.0-0.220.20.21-0.010.410.060.20.0-0.030.050.060.06
0.670.590.530.740.550.720.510.420.310.290.510.0-0.220.690.60.620.19-0.08-0.33-0.31-0.64-0.68-0.53-0.15
0.170.040.57-0.090.120.360.00.28-0.31-0.02-0.64-0.22-0.22-0.040.290.5-0.77-0.29-0.8-0.150.2-0.24-0.25-0.38
0.950.970.390.980.720.790.950.370.37-0.150.550.20.69-0.040.930.710.44-0.54-0.52-0.07-0.33-0.74-0.8-0.63
0.970.940.570.890.730.870.890.430.25-0.120.330.210.60.290.930.860.12-0.61-0.76-0.11-0.26-0.77-0.84-0.72
0.870.730.860.720.770.980.660.590.20.250.04-0.010.620.50.710.86-0.2-0.3-0.88-0.44-0.48-0.81-0.65-0.48
0.260.43-0.50.440.23-0.050.52-0.080.51-0.180.510.410.19-0.770.440.12-0.2-0.050.470.18-0.080.03-0.070.0
-0.46-0.54-0.04-0.48-0.03-0.28-0.510.150.250.51-0.290.06-0.08-0.29-0.54-0.61-0.3-0.050.49-0.37-0.320.280.830.7
-0.68-0.55-0.8-0.51-0.5-0.79-0.48-0.490.130.050.170.2-0.33-0.8-0.52-0.76-0.880.470.490.230.120.690.670.66
-0.23-0.1-0.55-0.13-0.53-0.42-0.07-0.61-0.17-0.430.270.0-0.31-0.15-0.07-0.11-0.440.18-0.370.230.850.380.09-0.2
-0.4-0.29-0.54-0.4-0.63-0.54-0.24-0.55-0.34-0.5-0.21-0.03-0.640.2-0.33-0.26-0.48-0.08-0.320.120.850.480.19-0.22
-0.8-0.69-0.75-0.74-0.67-0.86-0.63-0.64-0.22-0.05-0.280.05-0.68-0.24-0.74-0.77-0.810.030.280.690.380.480.690.46
-0.77-0.76-0.42-0.77-0.42-0.66-0.71-0.280.060.32-0.360.06-0.53-0.25-0.8-0.84-0.65-0.070.830.670.090.190.690.7
-0.6-0.66-0.21-0.61-0.25-0.42-0.63-0.150.210.68-0.150.06-0.15-0.38-0.63-0.72-0.480.00.70.66-0.2-0.220.460.7
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About Skyworks Solutions Financial Statements

Skyworks Solutions shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Skyworks Solutions investors may analyze each financial statement separately, they are all interrelated. The changes in Skyworks Solutions' assets and liabilities, for example, are also reflected in the revenues and expenses on on Skyworks Solutions' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.84  2.38 
Asset Turnover 0.50  0.81 

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Additional Tools for Skyworks Stock Analysis

When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.