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ACI Worldwide (ACI Worldwide) Asset Turnover

: 0.14 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ACI Worldwide's Revenue for the three months ended in Dec. 2023 was $477 Mil. ACI Worldwide's Total Assets for the quarter that ended in Dec. 2023 was $3,350 Mil. Therefore, ACI Worldwide's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. ACI Worldwide's annualized ROE % for the quarter that ended in Dec. 2023 was 38.69%. It is also linked to ROA % through Du Pont Formula. ACI Worldwide's annualized ROA % for the quarter that ended in Dec. 2023 was 14.64%.


ACI Worldwide Asset Turnover Historical Data

The historical data trend for ACI Worldwide'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.

ACI Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.39 0.42 0.45 0.44

ACI Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.14 0.09 0.11 0.12 0.14

Competitive Comparison

For the Software - Infrastructure subindustry, ACI Worldwide'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.


ACI Worldwide Asset Turnover Distribution

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

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



ACI Worldwide Asset Turnover Calculation

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

ACI Worldwide'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 )
=1452.579/( (3209.895+3444.739)/ 2 )
=1452.579/3327.317
=0.44

ACI Worldwide'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 )
=476.563/( (3254.828+3444.739)/ 2 )
=476.563/3349.7835
=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.


ACI Worldwide  (NAS:ACIW) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=490.464/1267.666
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(490.464 / 1906.252)*(1906.252 / 3349.7835)*(3349.7835/ 1267.666)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.73 %*0.5691*2.6425
=ROA %*Equity Multiplier
=14.64 %*2.6425
=38.69 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=490.464/3349.7835
=(Net Income / Revenue)*(Revenue / Total Assets)
=(490.464 / 1906.252)*(1906.252 / 3349.7835)
=Net Margin %*Asset Turnover
=25.73 %*0.5691
=14.64 %

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.


ACI Worldwide Asset Turnover Related Terms

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ACI Worldwide (ACI Worldwide) Business Description

Traded in Other Exchanges
Address
2811 Ponce de Leon Boulevard, PH 1, Coral Gables, FL, USA, 33134
ACI Worldwide Inc develops, markets, and installs a portfolio of software products primarily focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but most of the revenue is generated in the United States and EMEA regions.
Executives
Alessandro Silva officer: Chief Revenue Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Scott W Behrens officer: SVP, CAO and Controller 6060 COVENTRY DRIVE, ELKHORN NE 68022
Deborah L Guerra officer: Chief Product Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Warsop Thomas W Iii director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Ram Kumar Puppala officer: Chief Technology Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Odilon Almeida officer: President and CEO 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Didier R Lamouche director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jeremy Wilmot officer: EVP, Group President, AOP 6060 COVENTRY DRIVE, ELKHORN NE 68022
Mary P Harman director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Samir Michael Zabaneh director 90 NASSAU STREET, 2ND FLOOR, HEARTLAND PAYMENT SYSTEMS, PRINCETON NJ 08542
Charles K Bobrinskoy director C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Alvaro Monserrat officer: Chief Revenue Officer 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Craig S Saks officer: Group President 6060 COVENTRY DRIVE, ELKHORN NE 68022