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ARC Document Solutions (ARC Document Solutions) Asset Turnover : 0.23 (As of Dec. 2023)


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What is ARC Document Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ARC Document Solutions's Revenue for the three months ended in Dec. 2023 was $68.9 Mil. ARC Document Solutions's Total Assets for the quarter that ended in Dec. 2023 was $306.3 Mil. Therefore, ARC Document Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. ARC Document Solutions's annualized ROE % for the quarter that ended in Dec. 2023 was -2.29%. It is also linked to ROA % through Du Pont Formula. ARC Document Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was -1.16%.


ARC Document Solutions Asset Turnover Historical Data

The historical data trend for ARC Document Solutions'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.

ARC Document Solutions Asset Turnover Chart

ARC Document Solutions 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 1.09 0.82 0.81 0.91 0.91

ARC Document Solutions 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 0.22 0.23 0.24 0.24 0.23

Competitive Comparison of ARC Document Solutions's Asset Turnover

For the Specialty Business Services subindustry, ARC Document Solutions'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.


ARC Document Solutions's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ARC Document Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ARC Document Solutions's Asset Turnover falls into.



ARC Document Solutions Asset Turnover Calculation

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

ARC Document Solutions'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 )
=281.201/( (307.315+310.124)/ 2 )
=281.201/308.7195
=0.91

ARC Document Solutions'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 )
=68.876/( (302.472+310.124)/ 2 )
=68.876/306.298
=0.22

* 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.


ARC Document Solutions  (NYSE:ARC) Asset Turnover Explanation

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

ARC Document Solutions's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.552/155.422
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.552 / 275.504)*(275.504 / 306.298)*(306.298/ 155.422)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.29 %*0.8995*1.9708
=ROA %*Equity Multiplier
=-1.16 %*1.9708
=-2.29 %

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:

ARC Document Solutions's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-3.552/306.298
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.552 / 275.504)*(275.504 / 306.298)
=Net Margin %*Asset Turnover
=-1.29 %*0.8995
=-1.16 %

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.


ARC Document Solutions Asset Turnover Related Terms

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ARC Document Solutions (ARC Document Solutions) Business Description

Traded in Other Exchanges
Address
12657 Alcosta Boulevard, Suite 200, San Ramon, CA, USA, 94583
ARC Document Solutions Inc is a global document solutions provider. The company's service offerings include managed print services (MPS), offsite services, archive and information management ( AIM), specialized color printing, Web-based document management applications, and equipment and supplies sales. Its product application involves in several industries such as the architectural, engineering, and construction. It principally engages in providing an onsite service to install a complete document solution platform in its customers' offices and project sites operate offsite service centers and enable its customers to store information and intellectual property in a cloud-based and searchable digital archive.
Executives
Rahul K Roy officer: Chief Technology Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Kumarakulasingam Suriyakumar director, officer: Chairman, President and CEO C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Bradford L. Brooks director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Tracey Luttrell director 12657 ALCOSTA BLVD, SAN RAMON CA 94583
Mark W Mealy director 301 S COLLEGE STREET, 4TH FL NC8905, CHARLOTTE NC 28288-8905
Cheryl Cook director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Dennis Jeffery Grimes officer: VP. Sr. Corp. Counsel & Secty 1981 N BROADWAY STE. 385, WALNUT CREEK CA 94596
Perez De La Mesa Manuel J director
Dewitt Kerry Mccluggage director 1177 PARK VIEW, PASADENA CA 91103
Thomas J Formolo director 10 S WACKER DRIVE, SUITE 3175, CHICAGO IL 60606
John Freeland director ONE CAMPUS MARTIUS, DETROIT MI 48226
James F. Mcnulty director 7825 PROSPECT PLACE, LA JOLLA CA 92037
Dilantha Wijesuriya officer: Chief Operating Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Jorge Avalos officer: Chief Financial Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Toth John E.d. officer: Chief Financial Officer 4065 CESAR CHAVEZ STREET, SAN FRANCISCO CA 94131

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