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Mantech International (Mantech International) Asset Turnover : 0.25 (As of Jun. 2022)


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What is Mantech 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. Mantech International's Revenue for the three months ended in Jun. 2022 was $669 Mil. Mantech International's Total Assets for the quarter that ended in Jun. 2022 was $2,641 Mil. Therefore, Mantech International's Asset Turnover for the quarter that ended in Jun. 2022 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Mantech International's annualized ROE % for the quarter that ended in Jun. 2022 was 5.37%. It is also linked to ROA % through Du Pont Formula. Mantech International's annualized ROA % for the quarter that ended in Jun. 2022 was 3.46%.


Mantech International Asset Turnover Historical Data

The historical data trend for Mantech 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.

Mantech International Asset Turnover Chart

Mantech International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.10 1.14 1.17 1.05

Mantech International Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.28 0.26 0.26 0.25

Competitive Comparison of Mantech International's Asset Turnover

For the Software - Application subindustry, Mantech 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.


Mantech International's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Mantech International's Asset Turnover falls into.



Mantech International Asset Turnover Calculation

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

Mantech International's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=2553.956/( (2213.664+2639.565)/ 2 )
=2553.956/2426.6145
=1.05

Mantech International's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=669.352/( (2634.16+2648.572)/ 2 )
=669.352/2641.366
=0.25

* 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.


Mantech International  (NAS:MANT) Asset Turnover Explanation

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

Mantech International's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=91.348/1700.091
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(91.348 / 2677.408)*(2677.408 / 2641.366)*(2641.366/ 1700.091)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.41 %*1.0136*1.5537
=ROA %*Equity Multiplier
=3.46 %*1.5537
=5.37 %

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

Mantech International's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=91.348/2641.366
=(Net Income / Revenue)*(Revenue / Total Assets)
=(91.348 / 2677.408)*(2677.408 / 2641.366)
=Net Margin %*Asset Turnover
=3.41 %*1.0136
=3.46 %

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


Mantech International Asset Turnover Related Terms

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


Mantech International (Mantech International) Business Description

Traded in Other Exchanges
N/A
Address
2251 Corporate Park Drive, Herndon, VA, USA, 20171
Mantech International Corp provides mission-focused technology solutions and services for U.S. defense, the intelligence community, and federal civilian agencies. The company provides full-spectrum cyber, encompassing defense, resilience, offense, analytics, and compliance. It offers professional and technical solutions, and support services; command-and-control infrastructure, intelligence, surveillance and reconnaissance platforms and sensors, and data services; and vulnerability assessment, insider threat protection, exposure analysis, secrecy architecture design, security policy development and implementation, lifecycle acquisition program security, anti-tamper, export compliance support, foreign disclosure, system security engineering, security awareness and training.
Executives
Jennifer A. Warren 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Gst 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Nonexempt 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
George J Pedersen 10 percent owner 9 WEST 57TH STREET, SUITE 4170, NEW YORK NY 10019
Kevin M Phillips officer: Vice President - CFO 12105 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard J Kerr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard L Armitage director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Bonnie Cook officer: EVP Business Operations 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Richard John Wagner officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Judith L Bjornaas officer: SVP & Deputy CFO 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Peter B Lamontagne director 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Matthew A Tait officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Fatzinger Walter R Jr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Daniel J Keefe officer: Business Group President MANTECH INTERNATIONAL CORPORATION 12015 LEE JACKSON MEMORIAL HWY. FAIRFAX VA 22033

Mantech International (Mantech International) Headlines