Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Advanced Micro Devices Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Advanced Micro Devices Inc. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Advanced Micro Devices Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Advanced Micro Devices Inc. total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Advanced Micro Devices Inc. equity turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
Net Fixed Asset Turnover
Advanced Micro Devices Inc., net fixed asset turnover calculation, comparison to benchmarks
| Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 16,434 | 9,763 | 6,731 | 6,475 | 5,329 | |
| Property and equipment, net | 702 | 641 | 500 | 348 | 261 | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 23.41 | 15.23 | 13.46 | 18.61 | 20.42 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Analog Devices Inc. | 3.70 | 5.00 | 4.91 | 5.37 | 4.61 | |
| Applied Materials Inc. | 11.93 | 10.72 | 9.55 | 12.26 | 13.64 | |
| Broadcom Inc. | 11.69 | 9.52 | 8.81 | 7.91 | 6.79 | |
| First Solar Inc. | 1.10 | 1.13 | 1.40 | 1.28 | 2.55 | |
| Intel Corp. | 1.25 | 1.38 | 1.30 | 1.45 | 1.53 | |
| KLA Corp. | 10.44 | 11.17 | 10.18 | 14.10 | 12.25 | |
| Lam Research Corp. | 11.22 | 9.37 | 9.12 | 12.27 | 11.69 | |
| Micron Technology Inc. | 0.83 | 0.69 | 0.83 | 1.28 | 1.05 | |
| NVIDIA Corp. | 7.76 | 6.52 | 8.34 | 9.74 | 13.26 | |
| NXP Semiconductors N.V. | 4.20 | 3.77 | 3.63 | 3.86 | 4.03 | |
| ON Semiconductor Corp. | 2.65 | 2.09 | 2.13 | 2.31 | 2.43 | |
| Qualcomm Inc. | 7.36 | 6.34 | 7.88 | 7.64 | 6.93 | |
| Texas Instruments Inc. | 3.57 | 4.42 | 4.35 | 4.96 | 5.62 | |
| Net Fixed Asset Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 2.33 | 2.14 | 2.15 | 2.50 | 2.53 | |
| Net Fixed Asset Turnover, Industry | ||||||
| Information Technology | 4.54 | 4.31 | 4.36 | 4.62 | 4.75 | |
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
1 2021 Calculation
Net fixed asset turnover = Net revenue ÷ Property and equipment, net
= 16,434 ÷ 702 = 23.41
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Advanced Micro Devices Inc. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Advanced Micro Devices Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 16,434 | 9,763 | 6,731 | 6,475 | 5,329 | |
| Property and equipment, net | 702 | 641 | 500 | 348 | 261 | |
| Operating lease right-of-use assets | 367 | 208 | 205 | — | — | |
| Property and equipment, net (including operating lease, right-of-use asset) | 1,069 | 849 | 705 | 348 | 261 | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 15.37 | 11.50 | 9.55 | 18.61 | 20.42 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||
| Analog Devices Inc. | 3.24 | 4.07 | 4.91 | 5.37 | 4.61 | |
| Applied Materials Inc. | 10.35 | 9.27 | 9.55 | 12.26 | 13.64 | |
| Broadcom Inc. | 9.35 | 7.71 | 8.81 | 7.91 | 6.79 | |
| First Solar Inc. | 1.02 | 1.03 | 1.32 | 1.28 | 2.55 | |
| Intel Corp. | 1.24 | 1.36 | 1.28 | 1.45 | 1.53 | |
| KLA Corp. | 9.03 | 9.36 | 10.18 | 14.10 | 12.25 | |
| Lam Research Corp. | 9.90 | 8.06 | 9.12 | 12.27 | 11.69 | |
| Micron Technology Inc. | 0.82 | 0.68 | 0.83 | 1.28 | 1.05 | |
| NVIDIA Corp. | 5.84 | 4.76 | 8.34 | 9.74 | 13.26 | |
| NXP Semiconductors N.V. | 3.87 | 3.44 | 3.32 | 3.86 | 4.03 | |
| ON Semiconductor Corp. | 2.48 | 1.98 | 2.04 | 2.31 | 2.43 | |
| Qualcomm Inc. | 6.62 | 5.64 | 7.88 | 7.64 | 6.93 | |
| Texas Instruments Inc. | 3.27 | 4.03 | 3.95 | 4.96 | 5.62 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | ||||||
| Semiconductors & Semiconductor Equipment | 2.24 | 2.05 | 2.11 | 2.50 | 2.53 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | ||||||
| Information Technology | 3.88 | 3.67 | 4.06 | 4.47 | 4.75 | |
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
1 2021 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net revenue ÷ Property and equipment, net (including operating lease, right-of-use asset)
= 16,434 ÷ 1,069 = 15.37
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Advanced Micro Devices Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021. |
Total Asset Turnover
Advanced Micro Devices Inc., total asset turnover calculation, comparison to benchmarks
| Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 16,434 | 9,763 | 6,731 | 6,475 | 5,329 | |
| Total assets | 12,419 | 8,962 | 6,028 | 4,556 | 3,540 | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 1.32 | 1.09 | 1.12 | 1.42 | 1.51 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Analog Devices Inc. | 0.14 | 0.26 | 0.28 | 0.30 | 0.24 | |
| Applied Materials Inc. | 0.89 | 0.77 | 0.77 | 0.97 | 0.75 | |
| Broadcom Inc. | 0.36 | 0.31 | 0.33 | 0.42 | 0.32 | |
| First Solar Inc. | 0.39 | 0.38 | 0.41 | 0.32 | 0.43 | |
| Intel Corp. | 0.47 | 0.51 | 0.53 | 0.55 | 0.51 | |
| KLA Corp. | 0.67 | 0.63 | 0.51 | 0.72 | 0.63 | |
| Lam Research Corp. | 0.92 | 0.69 | 0.80 | 0.89 | 0.66 | |
| Micron Technology Inc. | 0.47 | 0.40 | 0.48 | 0.70 | 0.58 | |
| NVIDIA Corp. | 0.58 | 0.63 | 0.88 | 0.86 | 0.70 | |
| NXP Semiconductors N.V. | 0.53 | 0.43 | 0.44 | 0.44 | 0.38 | |
| ON Semiconductor Corp. | 0.70 | 0.61 | 0.65 | 0.77 | 0.77 | |
| Qualcomm Inc. | 0.81 | 0.66 | 0.74 | 0.70 | 0.34 | |
| Texas Instruments Inc. | 0.74 | 0.75 | 0.80 | 0.92 | 0.85 | |
| Total Asset Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 0.53 | 0.51 | 0.54 | 0.61 | 0.49 | |
| Total Asset Turnover, Industry | ||||||
| Information Technology | 0.59 | 0.54 | 0.56 | 0.57 | 0.49 | |
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
1 2021 Calculation
Total asset turnover = Net revenue ÷ Total assets
= 16,434 ÷ 12,419 = 1.32
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Advanced Micro Devices Inc. total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Equity Turnover
Advanced Micro Devices Inc., equity turnover calculation, comparison to benchmarks
| Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | Dec 29, 2018 | Dec 30, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 16,434 | 9,763 | 6,731 | 6,475 | 5,329 | |
| Stockholders’ equity | 7,497 | 5,837 | 2,827 | 1,266 | 611 | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 2.19 | 1.67 | 2.38 | 5.11 | 8.72 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Analog Devices Inc. | 0.19 | 0.47 | 0.51 | 0.56 | 0.50 | |
| Applied Materials Inc. | 1.88 | 1.63 | 1.78 | 2.52 | 1.55 | |
| Broadcom Inc. | 1.10 | 1.00 | 0.91 | 0.78 | 0.87 | |
| First Solar Inc. | 0.49 | 0.49 | 0.60 | 0.43 | 0.58 | |
| Intel Corp. | 0.83 | 0.96 | 0.93 | 0.95 | 0.91 | |
| KLA Corp. | 2.05 | 2.18 | 1.72 | 2.49 | 2.62 | |
| Lam Research Corp. | 2.43 | 1.94 | 2.07 | 1.70 | 1.18 | |
| Micron Technology Inc. | 0.63 | 0.55 | 0.65 | 0.94 | 1.09 | |
| NVIDIA Corp. | 0.99 | 0.89 | 1.25 | 1.30 | 1.20 | |
| NXP Semiconductors N.V. | 1.69 | 0.96 | 0.94 | 0.90 | 0.68 | |
| ON Semiconductor Corp. | 1.47 | 1.49 | 1.67 | 1.85 | 1.99 | |
| Qualcomm Inc. | 3.37 | 3.87 | 4.94 | 24.50 | 0.73 | |
| Texas Instruments Inc. | 1.38 | 1.57 | 1.61 | 1.75 | 1.45 | |
| Equity Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 1.01 | 1.05 | 1.09 | 1.18 | 0.97 | |
| Equity Turnover, Industry | ||||||
| Information Technology | 1.60 | 1.56 | 1.58 | 1.55 | 1.25 | |
Based on: 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30).
1 2021 Calculation
Equity turnover = Net revenue ÷ Stockholders’ equity
= 16,434 ÷ 7,497 = 2.19
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Advanced Micro Devices Inc. equity turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |