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Ericsson Lm Telephone Co  (ERIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

Ericsson Lm Telephone Co Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Ericsson Lm Telephone Co asset turnover ratio, the ability of Ericsson Lm Telephone Co's assets to generate revenue in the forth quarter 2023, increased sequentially to 0.89 in the fourth quarter (Dec 31 2023), yet the ratio remained below the average, as ERIC's position remain challenging.

Within sector 33 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Forth Quarter 2023 compared to the preceding quarter from 2586 to 2906.


What is Asset Turnover Ratio?
What is Ericsson Lm Telephone Co Market Share?


ERIC Asset Turnover Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Asset Change -15.02 % -15.02 % -15.02 % -15.02 % 14.37 %
Y / Y Revenue Change -3.02 % - - - 16.89 %
Asset Turnover Ratio (TTM) 0.89 - - - 0.78
ERIC's Total Ranking # 2906 # 2586 # 1020 # 665 # 1568
Seq. Asset Change 0 % 0 % 0 % -15.02 % 0 %
Seq. Revenue Change - - - - -



Asset Turnover Ratio Company Ranking
Within: No.
Consumer Electronics Industry # 34
Technology Sector # 532
Overall Market # 2906

Asset Turnover Ratio Statistics
High Average Low
3.36 3.02 2.62
(Dec 31 2023)   (Dec 31 2018)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Assets at quarter ending Dec 31 2023
Mobivity Holdings Corp   2.32 $ 6.848  Millions$ 2.948  Millions
Fingermotion Inc   2.31 $ 40.402  Millions$ 17.503  Millions
Super Micro Computer Inc   2.26 $ 9,250.700  Millions$ 4,092.074  Millions
Careview Communications Inc  2.13 $ 9.685  Millions$ 4.538  Millions
Widepoint Corporation  2.12 $ 106.026  Millions$ 49.947  Millions
Toast Inc   2.09 $ 3,865.000  Millions$ 1,845.500  Millions
Reliability Incorporated  2.08 $ 21.039  Millions$ 10.098  Millions
Skkynet Cloud Systems Inc   2.05 $ 2.513  Millions$ 1.226  Millions
Nortech Systems Incorporated  1.99 $ 139.104  Millions$ 69.901  Millions
Freeze Tag Inc   1.94 $ 2.116  Millions$ 1.090  Millions
Gse Systems Inc   1.91 $ 44.930  Millions$ 23.579  Millions
Vizio Holding Corp   1.89 $ 1,679.300  Millions$ 886.825  Millions
M tron Industries Inc   1.88 $ 41.168  Millions$ 21.845  Millions
Sonim Technologies Inc  1.80 $ 96.945  Millions$ 53.818  Millions
Qutoutiao Inc   1.79 $ 104.430  Millions$ 58.228  Millions
Quantum Corp  1.77 $ 378.655  Millions$ 213.936  Millions
Arlo Technologies Inc   1.77 $ 490.563  Millions$ 277.320  Millions
Upay Inc   1.74 $ 1.399  Millions$ 0.805  Millions
Sanmina Corporation  1.74 $ 8,452.243  Millions$ 4,869.573  Millions
Jabil Inc  1.72 $ 33,454.000  Millions$ 19,460.250  Millions
Zw Data Action Technologies Inc   1.71 $ 27.770  Millions$ 16.242  Millions
Transact Technologies Inc  1.69 $ 87.875  Millions$ 52.060  Millions
Multimetaverse Holdings Limited  1.68 $ 9.008  Millions$ 5.355  Millions
Appfolio Inc   1.64 $ 620.445  Millions$ 377.387  Millions
Leet Technology Inc   1.63 $ 0.317  Millions$ 0.194  Millions
Enfusion inc   1.63 $ 173.894  Millions$ 106.565  Millions
Innodata inc  1.60 $ 86.775  Millions$ 54.149  Millions
Sigmatron International Inc   1.56 $ 398.232  Millions$ 254.644  Millions
Optical Cable Corporation  1.54 $ 67.724  Millions$ 43.976  Millions
Viewbix Inc   1.54 $ 79.613  Millions$ 51.718  Millions

Date modified: 2024-03-13T04:18:13+00:00



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