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Heidrick & Struggles International (Heidrick & Struggles International) Asset Turnover : 0.26 (As of Mar. 2024)


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What is Heidrick & Struggles International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Heidrick & Struggles International's Revenue for the three months ended in Mar. 2024 was $269 Mil. Heidrick & Struggles International's Total Assets for the quarter that ended in Mar. 2024 was $1,054 Mil. Therefore, Heidrick & Struggles International's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Heidrick & Struggles International's annualized ROE % for the quarter that ended in Mar. 2024 was 12.06%. It is also linked to ROA % through Du Pont Formula. Heidrick & Struggles International's annualized ROA % for the quarter that ended in Mar. 2024 was 5.33%.


Heidrick & Struggles International Asset Turnover Historical Data

The historical data trend for Heidrick & Struggles International'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.

Heidrick & Struggles International Asset Turnover Chart

Heidrick & Struggles International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.77 1.07 0.95 0.90

Heidrick & Struggles International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.30 0.27 0.24 0.26

Competitive Comparison of Heidrick & Struggles International's Asset Turnover

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.


Heidrick & Struggles International's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Asset Turnover falls into.



Heidrick & Struggles International Asset Turnover Calculation

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

Heidrick & Struggles International's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1041.182/( (1175.638+1141.591)/ 2 )
=1041.182/1158.6145
=0.90

Heidrick & Struggles International's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=269.098/( (1141.591+965.47)/ 2 )
=269.098/1053.5305
=0.26

* 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.


Heidrick & Struggles International  (NAS:HSII) Asset Turnover Explanation

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

Heidrick & Struggles International's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=56.128/465.5315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(56.128 / 1076.392)*(1076.392 / 1053.5305)*(1053.5305/ 465.5315)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.21 %*1.0217*2.2631
=ROA %*Equity Multiplier
=5.33 %*2.2631
=12.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Heidrick & Struggles International's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=56.128/1053.5305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(56.128 / 1076.392)*(1076.392 / 1053.5305)
=Net Margin %*Asset Turnover
=5.21 %*1.0217
=5.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Heidrick & Struggles International Asset Turnover Related Terms

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Heidrick & Struggles International (Heidrick & Struggles International) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.
Executives
Mark R Harris officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
John L Berisford director C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Michael M Cullen officer: Chief Operating Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Tracey Heaton officer: Chief Legal Officer & Corp Sec C/O HEIDRICK & STRUGGLES INT'L, INC., 233 S. WACKER DR. SUITE 4900, CHICAGO IL 60606
Bear Mary E.g. director C/O IMPERVA, INC., 3400 BRIDGE PARKWAY, STE. 200, REDWOOD SHORES CA 94065
Sarah Payne officer: Chief Human Resources Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Krishnan Rajagopalan officer: President and CEO 2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Elizabeth L Axelrod director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Adam Warby director 2211 ELLIOTT AVE. SUITE 200, SEATTLE WA 98121
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Clare M. Chapman director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Laszlo Bock director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Kamau Coar officer: General Counsel and Secretary 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606

Heidrick & Struggles International (Heidrick & Struggles International) Headlines