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Edgewater Technology (Edgewater Technology) Asset Turnover : 0.36 (As of Jun. 2018)


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What is Edgewater Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Edgewater Technology's Revenue for the three months ended in Jun. 2018 was $26.3 Mil. Edgewater Technology's Total Assets for the quarter that ended in Jun. 2018 was $72.8 Mil. Therefore, Edgewater Technology's Asset Turnover for the quarter that ended in Jun. 2018 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Edgewater Technology's annualized ROE % for the quarter that ended in Jun. 2018 was -1.61%. It is also linked to ROA % through Du Pont Formula. Edgewater Technology's annualized ROA % for the quarter that ended in Jun. 2018 was -1.11%.


Edgewater Technology Asset Turnover Historical Data

The historical data trend for Edgewater Technology's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Edgewater Technology Asset Turnover Chart

Edgewater Technology Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.26 1.16 1.19 1.24

Edgewater Technology Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.27 0.28 0.34 0.36

Competitive Comparison of Edgewater Technology's Asset Turnover

For the Information Technology Services subindustry, Edgewater Technology's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Edgewater Technology's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Edgewater Technology's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Edgewater Technology's Asset Turnover falls into.



Edgewater Technology Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Edgewater Technology's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=111.753/( (104.805+75.874)/ 2 )
=111.753/90.3395
=1.24

Edgewater Technology's Asset Turnover for the quarter that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=26.334/( (71.618+73.897)/ 2 )
=26.334/72.7575
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Edgewater Technology  (NAS:EDGW) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Edgewater Technology's annulized ROE % for the quarter that ended in Jun. 2018 is

ROE %**(Q: Jun. 2018 )
=Net Income/Total Stockholders Equity
=-0.804/49.9805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.804 / 105.336)*(105.336 / 72.7575)*(72.7575/ 49.9805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.76 %*1.4478*1.4557
=ROA %*Equity Multiplier
=-1.11 %*1.4557
=-1.61 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Edgewater Technology's annulized ROA % for the quarter that ended in Jun. 2018 is

ROA %(Q: Jun. 2018 )
=Net Income/Total Assets
=-0.804/72.7575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.804 / 105.336)*(105.336 / 72.7575)
=Net Margin %*Asset Turnover
=-0.76 %*1.4478
=-1.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Edgewater Technology Asset Turnover Related Terms

Thank you for viewing the detailed overview of Edgewater Technology's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Edgewater Technology (Edgewater Technology) Business Description

Traded in Other Exchanges
N/A
Address
Edgewater Technology Inc is a US-based company which acts as a provider of transformational classic and product-based consulting services. It focuses on delivering a range of blended solutions through a combination of industry-specific classic consulting, product-based software consulting and technology consulting services. It operates through three segments namely EPM, ERP and Classic Consulting. EPM (Enterprise Project Management) segment provides business analytics solutions leveraging Oracle EPM, BI (Business Intelligence) and Big data technologies. The ERP (Enterprise resource planning) segment delivers Dynamics AX ERP, BI and CRM (Customer relationship management) solutions and the Classic Consulting segment provides business advisory services blended with technical services.
Executives
Frederick D. Disanto director, 10 percent owner 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Timothy Whelan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS ROAD, PARSIPANNY NJ 07054
Jeffrey L Rutherford director, officer: Interim President/Interim CEO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Kurt James Wolf director 175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Paul Francis Mcneice officer: Interim CFO 20 JOHANNA DRIVE, READING MA 01867
Timothy Oakes officer: Chief Financial Officer 20 HARVARD MILL SQUARE, WAKEFIELD MA 01880
Nancy Leaming director C/O HOLOGIC INC, BEDFORD MA 01730
Wayne Wilson director 29 LAKE AVE., SUNAPEE NH 03782
Kevin R Rhodes officer: Chief Financial Officer 20 HARVARD MILLS SQUARE, WAKEFIELD MA 01880
Bob L Martin director C/O GAP, INC., 2 FOLSOM, SAN FRANCISCO CA 94105