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Bottomline Technologies (Bottomline Technologies) Asset Turnover : 0.17 (As of Mar. 2022)


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What is Bottomline Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bottomline Technologies's Revenue for the three months ended in Mar. 2022 was $131.8 Mil. Bottomline Technologies's Total Assets for the quarter that ended in Mar. 2022 was $781.5 Mil. Therefore, Bottomline Technologies's Asset Turnover for the quarter that ended in Mar. 2022 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Bottomline Technologies's annualized ROE % for the quarter that ended in Mar. 2022 was -7.27%. It is also linked to ROA % through Du Pont Formula. Bottomline Technologies's annualized ROA % for the quarter that ended in Mar. 2022 was -3.85%.


Bottomline Technologies Asset Turnover Historical Data

The historical data trend for Bottomline Technologies'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.

Bottomline Technologies Asset Turnover Chart

Bottomline Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.63 0.65 0.61 0.59

Bottomline Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.15 0.15 0.15 0.17 0.17

Competitive Comparison of Bottomline Technologies's Asset Turnover

For the Software - Infrastructure subindustry, Bottomline Technologies'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.


Bottomline Technologies's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Bottomline Technologies's Asset Turnover falls into.



Bottomline Technologies Asset Turnover Calculation

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

Bottomline Technologies's Asset Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2021 )/( (Total Assets (A: Jun. 2020 )+Total Assets (A: Jun. 2021 ))/ count )
=471.403/( (793.137+815.728)/ 2 )
=471.403/804.4325
=0.59

Bottomline Technologies's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=131.836/( (767.696+795.228)/ 2 )
=131.836/781.462
=0.17

* 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.


Bottomline Technologies  (NAS:EPAY) Asset Turnover Explanation

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

Bottomline Technologies's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-30.096/413.8555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-30.096 / 527.344)*(527.344 / 781.462)*(781.462/ 413.8555)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.71 %*0.6748*1.8882
=ROA %*Equity Multiplier
=-3.85 %*1.8882
=-7.27 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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:

Bottomline Technologies's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-30.096/781.462
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-30.096 / 527.344)*(527.344 / 781.462)
=Net Margin %*Asset Turnover
=-5.71 %*0.6748
=-3.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


Bottomline Technologies Asset Turnover Related Terms

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


Bottomline Technologies (Bottomline Technologies) Business Description

Traded in Other Exchanges
N/A
Address
325 Corporate Drive, Portsmouth, NH, USA, 03801-6808
Bottomline Technologies Inc provides financial oriented solutions. It is a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, and healthcare solutions. Bottomline consists of four operating segments: Cloud Solutions segment provides customers predominately with SaaS technology offerings that facilitate electronic payment, electronic invoicing and spend management; Digital Banking segment provides solutions that are specifically designed for banking and financial institution customers; Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions; and Other segment consists of healthcare and cyber fraud and risk management operating segments.
Executives
Larry A Klane director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Ken D'amato director 320 NORWOOD PARK SOUTH NORWOOD MA 02062
Adam Bruce Bowden director, officer: Chief Financial Officer C/O BOTTOMLINE TECHNOLOGIES 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Michael J Curran director BOTTOMLINE TECHNOLOGIES 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Paul H Hough director 325 CORPORATE DRIVE PORTSMOUTH NH 03885
Robinson Benjamin E Iii director 325 CORPORATE DRIVE, PORTSMOUTH NH 03885
Jennifer M Gray director BOTTOMLINE TECHNOLOGIES 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Joseph L Mullen director C/O BOTTOMLINE TECHNOLOGIES INC 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Jeffrey C Leathe director
Nigel K Savory officer: Managing Director Europe 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Norman J Deluca officer: MD of Banking Solutions BOTTOMLINE TECHNOLOGIES INC /DE/ 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Robert A Eberle director, officer: President & CEO C/O BOTTOMLINE TECHNOLOGIES 325 CORPORATE DRIVE PORTSMOUTH NH 03801
Peter Gibson director 325 CORPORATE DRIVE PORTSMOUTH NH 03885
Craig S Saks officer: President 6060 COVENTRY DRIVE, ELKHORN NE 68022
Clearfield Capital Management Lp other: SEE REMARKS 430 PARK AVENUE, 11TH FLOOR NEW YORK NY 10022

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