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CPSS (Consumer Portfolio Services) Asset Turnover : 0.02 (As of Dec. 2024)


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What is Consumer Portfolio Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Consumer Portfolio Services's Revenue for the three months ended in Dec. 2024 was $52.8 Mil. Consumer Portfolio Services's Total Assets for the quarter that ended in Dec. 2024 was $3,478.3 Mil. Therefore, Consumer Portfolio Services's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Consumer Portfolio Services's annualized ROE % for the quarter that ended in Dec. 2024 was 7.12%. It is also linked to ROA % through Du Pont Formula. Consumer Portfolio Services's annualized ROA % for the quarter that ended in Dec. 2024 was 0.59%.


Consumer Portfolio Services Asset Turnover Historical Data

The historical data trend for Consumer Portfolio Services'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.

Consumer Portfolio Services Asset Turnover Chart

Consumer Portfolio Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.09 0.10 0.07 0.06

Consumer Portfolio Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Consumer Portfolio Services's Asset Turnover

For the Credit Services subindustry, Consumer Portfolio Services'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.


Consumer Portfolio Services's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Consumer Portfolio Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Consumer Portfolio Services's Asset Turnover falls into.


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Consumer Portfolio Services Asset Turnover Calculation

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

Consumer Portfolio Services's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=202.249/( (2903.746+3493.868)/ 2 )
=202.249/3198.807
=0.06

Consumer Portfolio Services's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=52.781/( (3462.692+3493.868)/ 2 )
=52.781/3478.28
=0.02

* 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.


Consumer Portfolio Services  (NAS:CPSS) Asset Turnover Explanation

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

Consumer Portfolio Services's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=20.58/288.9305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.58 / 211.124)*(211.124 / 3478.28)*(3478.28/ 288.9305)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.75 %*0.0607*12.0385
=ROA %*Equity Multiplier
=0.59 %*12.0385
=7.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Consumer Portfolio Services's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=20.58/3478.28
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.58 / 211.124)*(211.124 / 3478.28)
=Net Margin %*Asset Turnover
=9.75 %*0.0607
=0.59 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Consumer Portfolio Services Asset Turnover Related Terms

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


Consumer Portfolio Services Business Description

Traded in Other Exchanges
Address
3800 Howard Hughes Parkway, Las Vegas, NV, USA, 89169
Consumer Portfolio Services Inc is a U.S based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated by franchised automobile dealers and, to a lesser extent by select independent dealers in the United States in the sale of new and used automobiles, light trucks, and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes, or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers.
Executives
William B Roberts director 126 EAST 56TH STREET, TOWER 56 12TH FLOOR, NEW YORK NY 10022
April Crisp officer: Sr. Vice President 19500 JAMBOREE RD, STE 600, IRVINE CA 92610
Daniel S Wood director
Chris Terry officer: Sr. Vice President
Greg Washer director 3187 PULLMAN STREET, COSTA MESA CA 92618
Denesh Bharwani officer: Sr. Vice President 19500 JAMBOREE ROAD, IRVINE CA 92612
John Patrick Harton officer: Sr. Vice President 19500 JAMBOREE ROAD, IRVINE CA 92612
Bradley Charles E Jr director, officer: CEO and President 2 ADA, IRVINE CA 92618
Susan Ryan officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Charles E. Gonel officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 86169
Michele L Baumeister officer: Sr. Vice President 19500 JAMBOREE RD, SUITE 600, IRVINE CA 92612
Lisette Reynoso officer: Sr. Vice President 19500 JAMBOREE RD., IRVINE CA 92612
Steven Howard Schween officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS CA 89169
Catrina Marie Ralston officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Jeffrey P Fritz officer: SVP & CFO 16355 LAGUNA CANYON ROAD, IRVINE CA 92618