Roku Asset Turnover 2016-2024 | ROKU
Current and historical asset turnover for Roku (ROKU) from 2016 to 2024. Asset turnover can be defined as 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. Roku asset turnover for the three months ending March 31, 2024 was 0.21.
Roku Asset Turnover Historical Data |
Date |
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|
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Sector |
Industry |
Market Cap |
Revenue |
Consumer Discretionary |
Broadcasting - Radio & TV |
$8.640B |
$3.485B |
Roku is the leading TV streaming platform provider in the United States based on hours streamed. The company reported over 60 million active accounts attributed to the sale of stand-alone streaming devices, partnerships with TV brand partners like TCL, JVC, Sharp and other leading TV-makers who license the Roku OS to manufacture and sell Roku TV models, and licensing of Roku OS to certain service operators. Moreover, Roku is benefiting from growth in advertising driven by monetized video ad impressions on the increasing popularity of The Roku Channel. Important factors contributing to this growth include the continued growing interest in streaming by traditional TV advertisers, as well as ongoing investment in the company's OneView ad platform and overall ad tech capabilities.
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