GURUFOCUS.COM » STOCK LIST » Technology » Software » RealPage Inc (NAS:RP) » Definitions » Asset Turnover

RealPage (RealPage) Asset Turnover : 0.09 (As of Dec. 2020)


View and export this data going back to 2010. Start your Free Trial

What is RealPage Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RealPage's Revenue for the three months ended in Dec. 2020 was $298 Mil. RealPage's Total Assets for the quarter that ended in Dec. 2020 was $3,472 Mil. Therefore, RealPage's Asset Turnover for the quarter that ended in Dec. 2020 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. RealPage's annualized ROE % for the quarter that ended in Dec. 2020 was 3.26%. It is also linked to ROA % through Du Pont Formula. RealPage's annualized ROA % for the quarter that ended in Dec. 2020 was 1.51%.


RealPage Asset Turnover Historical Data

The historical data trend for RealPage'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.

RealPage Asset Turnover Chart

RealPage Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.58 0.48 0.39 0.36

RealPage Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.10 0.09 0.09 0.09 0.09

Competitive Comparison of RealPage's Asset Turnover

For the Software - Application subindustry, RealPage'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.


RealPage's Asset Turnover Distribution in the Software Industry

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

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



RealPage Asset Turnover Calculation

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

RealPage's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1158.484/( (2969.817+3488.015)/ 2 )
=1158.484/3228.916
=0.36

RealPage's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=298.055/( (3456.874+3488.015)/ 2 )
=298.055/3472.4445
=0.09

* 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.


RealPage  (NAS:RP) Asset Turnover Explanation

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

RealPage's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=52.268/1601.7285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(52.268 / 1192.22)*(1192.22 / 3472.4445)*(3472.4445/ 1601.7285)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.38 %*0.3433*2.1679
=ROA %*Equity Multiplier
=1.51 %*2.1679
=3.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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:

RealPage's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=52.268/3472.4445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(52.268 / 1192.22)*(1192.22 / 3472.4445)
=Net Margin %*Asset Turnover
=4.38 %*0.3433
=1.51 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.


RealPage Asset Turnover Related Terms

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


RealPage (RealPage) Business Description

Traded in Other Exchanges
N/A
Address
2201 Lakeside Boulevard, Richardson, TX, USA, 75082-4305
RealPage Inc is a provider of on-demand software and software-enabled solutions for the rental housing industry. Its customers include single family, multifamily, and vacation rental units, and large property management companies. Its solutions include marketing, pricing, leasing, accounting, purchasing, and other property operation capabilities. The RealPage platform hosts applications that enable property owners and managers to improve pricing methodologies, improve collections, and integrate business processes. The company derives revenue from on-demand and on-premises software solutions and professional services. All of the firm's revenue is generated in the United States.
Executives
Ashley Chaffin Glover officer: President 4000 INTERNATIONAL PARKWAY, CARROLLTON TX 75007
Berkeley Alfred R Iii director 9605 SCRANTON ROAD STE 240, SAN DIEGO CA 92121
Michael Britti officer: EVP,M&A and Emerging Markets 2201 LAKESIDE BLVD. RICHARDSON TX 75082
Brian Shelton officer: SVP, Chief Accounting Officer 2201 LAKESIDE BLVD. RICHARDSON TX 75082
David G Monk officer: EVP, CLO and Secretary 4000 INTERNATIONAL PARKWAY CARROLLTON TX 75007
Kurt E Twining officer: SVP, Chief People Officer C/O FREESCALE SEMICONDUCTOR, INC. 6501 WILLIAM CANNON DRIVE WEST AUSTIN TX 78735
Stephen T Winn director, 10 percent owner, officer: Chairman & CEO
Barry Russell Carter officer: SVP, Chief Information Officer 2201 LAKESIDE BLVD. RICHARDSON TX 75082
Ernst Thomas C Jr officer: EVP, CFO and Treasurer 2201 LAKESIDE BLVD., RICHARDSON TX 75082
Jeffrey T Leeds director 660 MADISON AVE 15TH FL, NEW YORK NY 10021
Scott S Ingraham director
Jason A Wright director 4000 INTERNATIONAL PARKWAY, CARROLLTON TX 75007
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Dana Sue Jones director 704 LAKE CARILLON LANE, SOUTHLAKE TX 76092