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Travelzoo (Travelzoo) Asset Turnover : 0.38 (As of Dec. 2023)


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What is Travelzoo Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Travelzoo's Revenue for the three months ended in Dec. 2023 was $21.15 Mil. Travelzoo's Total Assets for the quarter that ended in Dec. 2023 was $55.60 Mil. Therefore, Travelzoo's Asset Turnover for the quarter that ended in Dec. 2023 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Travelzoo's annualized ROE % for the quarter that ended in Dec. 2023 was 479.10%. It is also linked to ROA % through Du Pont Formula. Travelzoo's annualized ROA % for the quarter that ended in Dec. 2023 was 26.76%.


Travelzoo Asset Turnover Historical Data

The historical data trend for Travelzoo'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.

Travelzoo Asset Turnover Chart

Travelzoo 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 2.14 0.68 0.62 0.85 1.38

Travelzoo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.34 0.36 0.38

Competitive Comparison of Travelzoo's Asset Turnover

For the Advertising Agencies subindustry, Travelzoo'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.


Travelzoo's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Travelzoo's Asset Turnover distribution charts can be found below:

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



Travelzoo Asset Turnover Calculation

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

Travelzoo'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 )
=84.477/( (67.274+55.382)/ 2 )
=84.477/61.328
=1.38

Travelzoo's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=21.149/( (55.808+55.382)/ 2 )
=21.149/55.595
=0.38

* 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.


Travelzoo  (NAS:TZOO) Asset Turnover Explanation

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

Travelzoo's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=14.876/3.105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.876 / 84.596)*(84.596 / 55.595)*(55.595/ 3.105)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.58 %*1.5216*17.905
=ROA %*Equity Multiplier
=26.76 %*17.905
=479.10 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Travelzoo's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=14.876/55.595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.876 / 84.596)*(84.596 / 55.595)
=Net Margin %*Asset Turnover
=17.58 %*1.5216
=26.76 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Travelzoo Asset Turnover Related Terms

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


Travelzoo (Travelzoo) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 35th Floor, New York, NY, USA, 10022
Travelzoo acts as a publisher of travel and entertainment offers. It operates in three segments. Travelzoo North America segment consists of operations in Canada and the U.S.; Travelzoo Europe segment consists of operations in France, Germany, Spain, and the U.K.; and Jack's Flight Club segment consists of subscription revenue from premium members to access and receive flight deals from Jack's Flight Club via email or via Android or Apple mobile applications. It derives its revenue through advertising fees including listing fees paid by travel, entertainment, and local businesses to advertise their offers on the company's media properties. Most of the company's revenue is derived from North America.
Executives
Azzurro Capital Inc 10 percent owner C/O MOORE STEPHENS, PO BOX 743, SUITE 5, WATERGARDENS 4 J1 GX11 1AA
Ralph Bartel director, 10 percent owner CASELLA POSTALE 823, 6612 ASCONA V8 6612
Lijun Qi officer: Principal Accounting Officer 800 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Holger Bartel officer: Executive Vice President
Ralph Bartel 2005 Trust 10 percent owner C/O FEDELTA TRUST LIMITED, 29/31 ATHOL STREET, OMAR HOUSE BLDG, ISLE OF MAN X0 1M11LB
Lisa Su officer: Controller 924 AURA CT, LOS ALTOS CA 94024
Christina Sindoni Ciocca director 590 MADISON AVENUE, 37TH FLOOR, NEW YORK NY 10022
Christian Alexander Smart other: Travelzoo GM, Germany PARISER PLATZ 4A, BERLIN 2M 10117
Rachel Barnett director, officer: General Counsel 69 VALLEY ROAD, KATONAH NY 10536
Carrie Liqun Liu director 2#1707 NO.6 ZUOJIAZHUANGZHONGJIE, BEIJING F4 100028
Michael Stitt officer: President, North America 590 MADISON AVENUE, 37TH FLOOR, NEW YORK NY 10022
Hong (hong Wei) Vivian officer: President, Asia Pacific ROOM 102, BLDG 5, NO.169, MENGZI ROAD, HUANGPU DISTRICT, SHANGHAI F4 200023
Caroline J Tsay director C/O ROSETTA STONE INC., 1919 NORTH LYNN STREET, 7TH FLOOR, ARLINGTON VA 22209
Beatrice Tarka director 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040
Simon Talling-smith officer: President, Products&Emerg.Biz. 558 VALLEY STREET, SAN FRANCISCO CA 94131