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NeuStar (NeuStar) Asset Turnover : 0.14 (As of Mar. 2017)


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What is NeuStar Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. NeuStar's Revenue for the three months ended in Mar. 2017 was $293 Mil. NeuStar's Total Assets for the quarter that ended in Mar. 2017 was $2,072 Mil. Therefore, NeuStar's Asset Turnover for the quarter that ended in Mar. 2017 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. NeuStar's annualized ROE % for the quarter that ended in Mar. 2017 was 19.22%. It is also linked to ROA % through Du Pont Formula. NeuStar's annualized ROA % for the quarter that ended in Mar. 2017 was 8.77%.


NeuStar Asset Turnover Historical Data

The historical data trend for NeuStar'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.

NeuStar Asset Turnover Chart

NeuStar Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.59 0.60 0.54 0.56

NeuStar Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.13 0.14 0.14 0.15 0.14

Competitive Comparison of NeuStar's Asset Turnover

For the Specialty Business Services subindustry, NeuStar'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.


NeuStar's Asset Turnover Distribution in the Business Services Industry

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

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



NeuStar Asset Turnover Calculation

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

NeuStar's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=1209.847/( (2202.247+2098.712)/ 2 )
=1209.847/2150.4795
=0.56

NeuStar's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=293.186/( (2098.712+2045.379)/ 2 )
=293.186/2072.0455
=0.14

* 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.


NeuStar  (NYSE:NSR) Asset Turnover Explanation

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

NeuStar's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=181.772/945.567
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(181.772 / 1172.744)*(1172.744 / 2072.0455)*(2072.0455/ 945.567)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.5 %*0.566*2.1913
=ROA %*Equity Multiplier
=8.77 %*2.1913
=19.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

NeuStar's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=181.772/2072.0455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(181.772 / 1172.744)*(1172.744 / 2072.0455)
=Net Margin %*Asset Turnover
=15.5 %*0.566
=8.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


NeuStar Asset Turnover Related Terms

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


NeuStar (NeuStar) Business Description

Traded in Other Exchanges
N/A
Address
NeuStar provides clearinghouse services to the telecom industry, making interoperability possible for competing communication service providers. It operates the authoritative directories containing all the phone area codes and numbers in North America, facilitates the routing of calls among competing providers, manages top-level Internet domain name services (.biz and . us), and administers U.S. common short codes (shorter phone numbers used for value-added services).
Executives
Hellene S Runtagh director 9 WETHERFIELD COURT, POTOMAC MD 20854
Paul Ballew director 21575 RIDGETOP CIRCLE, STERLING VA 20166
Mark N Greene director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Michael J Rowny director 5329 WOODLAWN AVENUE, CHEVY CHASE MD 20815
Paul S Lalljie officer: Senior Vice President and CFO 7900 HARKINS ROAD, LANHAM MD 20706
Henry Skorny officer: SVP, IOT 2601 ELLIOTT AVENUE, SUITE 1000, SEATTLE WA 98121
Ross K Ireland director 175 E HOUSTON ST ROOM 216, SAN ANTONIO TX 78205
Paul A Lacouture director 46000 CENTER OAK PLAZA, STERLING VA 20166
Deborah Rieman director ONE RIVERFRONT PLAZA, CORNING NY 14831
Joel P Friedman director C/O ACCENTURE LEGAL & COMMERICAL GROUP, 23RD FL 161 N CLARK STREET, CHICAGO IL 60601
Lisa Hook director, officer: President and CEO NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166
James Cullen director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Brian Foster officer: SVP, Information Services 21575 RIDGETOP CIRCLE STERLING VA 20166
Chang Gareth C C director C/O MALLINCKRODT GROUP INC, 7733 FORSYTH BLVD, ST LOUIS MO 63105
Matthew Levin officer: SVP, Business Affairs NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166

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