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ServiceSource International (ServiceSource International) Sloan Ratio % : -9.58% (As of Mar. 2022)


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What is ServiceSource International Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

ServiceSource International's Sloan Ratio for the quarter that ended in Mar. 2022 was -9.58%.

As of Mar. 2022, ServiceSource International has a Sloan Ratio of -9.58%, indicating the company is in the safe zone and there is no funny business with accruals.


ServiceSource International Sloan Ratio % Historical Data

The historical data trend for ServiceSource International's Sloan Ratio % 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.

ServiceSource International Sloan Ratio % Chart

ServiceSource International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.79 -110.32 -13.02 -7.26 -10.87

ServiceSource International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Sloan Ratio % 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 -14.31 -12.81 -11.63 -10.87 -9.58

Competitive Comparison of ServiceSource International's Sloan Ratio %

For the Information Technology Services subindustry, ServiceSource International's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.


ServiceSource International's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, ServiceSource International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where ServiceSource International's Sloan Ratio % falls into.



ServiceSource International Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

ServiceSource International's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(-14.721-3.605
--3.932)/132.448
=-10.87%

ServiceSource International's Sloan Ratio for the quarter that ended in Mar. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2022 )
=(-10.268-5.247
--3.654)/123.87
=-9.58%

ServiceSource International's Net Income for the trailing twelve months (TTM) ended in Mar. 2022 was -5.091 (Jun. 2021 ) + -3.391 (Sep. 2021 ) + 2.596 (Dec. 2021 ) + -4.382 (Mar. 2022 ) = $-10.3 Mil.
ServiceSource International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2022 was -0.46 (Jun. 2021 ) + 3.884 (Sep. 2021 ) + -0.356 (Dec. 2021 ) + 2.179 (Mar. 2022 ) = $5.2 Mil.
ServiceSource International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2022 was -1.073 (Jun. 2021 ) + -0.59 (Sep. 2021 ) + -1.25 (Dec. 2021 ) + -0.741 (Mar. 2022 ) = $-3.7 Mil.

* 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.


ServiceSource International  (NAS:SREV) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Mar. 2022, ServiceSource International has a Sloan Ratio of -9.58%, indicating the company is in the safe zone and there is no funny business with accruals.


ServiceSource International Sloan Ratio % Related Terms

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ServiceSource International (ServiceSource International) Business Description

Traded in Other Exchanges
N/A
Address
707, 17th Street, 25th Floor, Denver, CO, USA, 80202
ServiceSource International Inc is a provider of customer and revenue lifecycle management solutions. The firm operates in a single segment which is focused on service offerings that integrate data, processes, and cloud technologies. The company generates revenue through a pay-for-performance model, where clients pay a commission based on renewal sales generated. Most of the firm's revenue is generated in North America and Latin America, and the rest from Europe, the Middle East, Africa, and Asia-Pacific.
Executives
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Chad William Lyne officer: CFO C/O SERVICESOURCE INTERNATIONAL, INC. 707 17TH STREET, 25TH FLOOR DENVER CO 80202
Michael Damien Naughton officer: EVP C/O SERVICESOURCE INTERNATIONAL, INC. 707 17TH STREET, 25TH FLOOR DENVER CO 80200
Gary B Moore director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Bomba Jane L Okun director 4TH FLOOR, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Andrew M Baker director C/O SERVICESOURCE INTERNATIONAL, INC. 707 17TH STREET, 25TH FLOOR DENVER CO 80202
John A Meyer director
John R Harris director 2201 CEDEAR SPRINGS RD, SUITE 701, DALLAS TX 75201
John R Ferron director 1463 CENTRE POINTE DRIVE MILPITAS CA 95035
Richard Walker director C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202
Deborah A. Dunnam officer: EVP, COO C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202
Bruce Dunlevie director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Christopher Carrington director, officer: Chief Executive Officer C/O SERVICESOURCE INTERNATIONAL, INC. 760 MARKET STREET, #400 SAN FRANCISCO CA 94102