Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Microchip Technology Incorporated (MCHP) had Asset Turnover of 0.52 for the most recently reported fiscal year, ending 2023-03-31.

Quarterly Annual

Figures for fiscal year ending 2023-03-31

Income Statement Financials
Revenue	$8.44B
Net Income	$2.24B
Cost of Goods Sold	$2.74B
Gross Profit	$5.70B
Operating Expenses	$5.32B
Operating Income	$3.12B
Non-Operating Income/Expense	$-206.30M
Pre-Tax Income	$2.91B
Normalized Pre-Tax Income	$2.91B
Income after Taxes	$2.24B
Income from Continuous Operations	$2.24B
Consolidated Net Income/Loss	$2.24B
Normalized Income after Taxes	$2.24B
EBIT	$3.12B
EBITDA	$4.13B
Weighted-Average Shares Outstanding (Basic)	550.40M
Weighted-Average Shares Outstanding (Diluted)	557.30M
Earnings per Share (EPS) (Basic)	$4.07
Earnings per Share (EPS) (Diluted)	$4.02
Balance Sheet Financials
Current Assets	$3.07B
Property, Plant, and Equipment	$1.18B
Long-Term Assets	$13.30B
Total Assets	$16.37B
Current Liabilities	$3.12B
Long-Term Debt	$5.04B
Long-Term Liabilities	$6.74B
Total Liabilities	$9.86B
Common Equity	$6.51B
Tangible Shareholders Equity	$-3.53B
Shareholders Equity	$6.51B
Common Shares Outstanding	545.46M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$3.62B
Cash Flow from Investing Activities	$-599.50M
Cash Flow from Financial Activities	$-3.10B
Beginning Cash	$317.40M
End Cash	$234.00M
Increase/Decrease in Cash	$-83.40M
Stock-Based Compensation	$170.40M
Common Stock Dividends Paid	$-695.30M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.98
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.44
Debt to Equity Ratio	0.99
Gross Margin	67.52%
Operating Margin	36.93%
EBIT Margin	36.93%
EBITDA Margin	48.95%
Pre-Tax Profit Margin	34.48%
Profit Margin	26.52%
Free Cash Flow	$3.14B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.52
Inventory Turnover	2.07
Receiveable Turnover	6.46
Days Sales in Receivables	56.46
Return on Equity	34.35%
Return on Tangible Equity	-63.41%
Return on Assets	13.67%
Return on Investments	19.37%
Book Value Per Share	$11.94
Free Cash Flow per Share	$5.63
Operating Cash Flow per Share	$6.50

Data from Zacks Investment Research, Inc.