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Sage Group (The) (Sage Group (The)) Asset Turnover : 0.29 (As of Sep. 2023)


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What is Sage Group (The) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sage Group (The)'s Revenue for the six months ended in Sep. 2023 was $1,358 Mil. Sage Group (The)'s Total Assets for the quarter that ended in Sep. 2023 was $4,738 Mil. Therefore, Sage Group (The)'s Asset Turnover for the quarter that ended in Sep. 2023 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Sage Group (The)'s annualized ROE % for the quarter that ended in Sep. 2023 was 16.52%. It is also linked to ROA % through Du Pont Formula. Sage Group (The)'s annualized ROA % for the quarter that ended in Sep. 2023 was 5.80%.


Sage Group (The) Asset Turnover Historical Data

The historical data trend for Sage Group (The)'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.

Sage Group (The) Asset Turnover Chart

Sage Group (The) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.55 0.54 0.49 0.58

Sage Group (The) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.27 0.27 0.25 0.29 0.29

Competitive Comparison of Sage Group (The)'s Asset Turnover

For the Software - Application subindustry, Sage Group (The)'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.


Sage Group (The)'s Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Sage Group (The)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sage Group (The)'s Asset Turnover falls into.



Sage Group (The) Asset Turnover Calculation

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

Sage Group (The)'s Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=2702.97/( (4413.364+4871.287)/ 2 )
=2702.97/4642.3255
=0.58

Sage Group (The)'s Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1357.673/( (4605.583+4871.287)/ 2 )
=1357.673/4738.435
=0.29

* 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.


Sage Group (The)  (OTCPK:SGPYY) Asset Turnover Explanation

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

Sage Group (The)'s annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=274.752/1663.144
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(274.752 / 2715.346)*(2715.346 / 4738.435)*(4738.435/ 1663.144)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.12 %*0.573*2.8491
=ROA %*Equity Multiplier
=5.80 %*2.8491
=16.52 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Sage Group (The)'s annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=274.752/4738.435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(274.752 / 2715.346)*(2715.346 / 4738.435)
=Net Margin %*Asset Turnover
=10.12 %*0.573
=5.80 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Sage Group (The) Asset Turnover Related Terms

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


Sage Group (The) (Sage Group (The)) Business Description

Traded in Other Exchanges
Address
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, GBR, NE28 9EJ
The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage's main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.