Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Broadcom Inc., asset turnover by geographic area

Microsoft Excel
Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019 Nov 4, 2018
United States 5.09 4.10 3.43 2.88 2.40 1.45
Foreign countries 36.84 34.90 27.43 22.48 22.90 23.39

Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.
Foreign countries Foreign countries area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: United States

Broadcom Inc.; United States; area asset turnover calculation

Microsoft Excel
Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019 Nov 4, 2018
Selected Financial Data (US$ in millions)
Net revenue 6,975 5,915 5,285 4,778 4,235 2,697
Long-lived assets 1,371 1,441 1,540 1,659 1,763 1,859
Area Activity Ratio
Area asset turnover1 5.09 4.10 3.43 2.88 2.40 1.45

Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04).

1 2023 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 6,975 ÷ 1,371 = 5.09

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Asset Turnover: Foreign countries

Broadcom Inc.; Foreign countries; area asset turnover calculation

Microsoft Excel
Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019 Nov 4, 2018
Selected Financial Data (US$ in millions)
Net revenue 28,844 27,288 22,165 19,110 18,362 18,151
Long-lived assets 783 782 808 850 802 776
Area Activity Ratio
Area asset turnover1 36.84 34.90 27.43 22.48 22.90 23.39

Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04).

1 2023 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 28,844 ÷ 783 = 36.84

Area activity ratio Geographic area The company
Area asset turnover Foreign countries Foreign countries area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023.

Net revenue

Broadcom Inc., net revenue by geographic area

US$ in millions

Microsoft Excel
Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019 Nov 4, 2018
United States 6,975 5,915 5,285 4,778 4,235 2,697
Foreign countries 28,844 27,288 22,165 19,110 18,362 18,151
Total 35,819 33,203 27,450 23,888 22,597 20,848

Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04).


Long-lived assets

Broadcom Inc., long-lived assets by geographic area

US$ in millions

Microsoft Excel
Oct 29, 2023 Oct 30, 2022 Oct 31, 2021 Nov 1, 2020 Nov 3, 2019 Nov 4, 2018
United States 1,371 1,441 1,540 1,659 1,763 1,859
Foreign countries 783 782 808 850 802 776
Total 2,154 2,223 2,348 2,509 2,565 2,635

Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04).