Quarterhill annual asset turnover
2011
2012
2015
2016
2017
2018
Quarterhill Asset Turnover Growth & History (QTRHF)
Quarterhill's asset turnover was 0.29 for fiscal 2018.
View full Quarterhill company overviewQuarterhill annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2018 | 2018-12-31 | 0.29 | −0.17 | −37.70% |
| 2017 | 2017-12-31 | 0.46 | 0.14 | +42.58% |
| 2016 | 2016-12-31 | 0.32 | −0.02 | −4.97% |
| 2015 | 2015-12-31 | 0.34 | — | — |
| 2012 | 2012-12-31 | 0.19 | −0.06 | −23.97% |
| 2011 | 2011-12-31 | 0.25 | — | — |
Quarterhill asset turnover trends
Between the periods ended 2011-12-31 and 2018-12-31, Quarterhill's asset turnover increased from 0.25 to 0.29, a change of 0.03.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Quarterhill source filings ↗