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ETWO (E2open Parent Holdings) Asset Turnover : 0.05 (As of Nov. 2024)


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What is E2open Parent Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. E2open Parent Holdings's Revenue for the three months ended in Nov. 2024 was $151.7 Mil. E2open Parent Holdings's Total Assets for the quarter that ended in Nov. 2024 was $2,826.8 Mil. Therefore, E2open Parent Holdings's Asset Turnover for the quarter that ended in Nov. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. E2open Parent Holdings's annualized ROE % for the quarter that ended in Nov. 2024 was -109.25%. It is also linked to ROA % through Du Pont Formula. E2open Parent Holdings's annualized ROA % for the quarter that ended in Nov. 2024 was -49.09%.


E2open Parent Holdings Asset Turnover Historical Data

The historical data trend for E2open Parent Holdings'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.

E2open Parent Holdings Asset Turnover Chart

E2open Parent Holdings Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
Get a 7-Day Free Trial 0.21 - 0.09 0.13 0.17

E2open Parent Holdings Quarterly Data
Feb19 Jan20 Jun20 Sep20 Dec20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of E2open Parent Holdings's Asset Turnover

For the Software - Application subindustry, E2open Parent Holdings'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.


E2open Parent Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, E2open Parent Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where E2open Parent Holdings's Asset Turnover falls into.


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E2open Parent Holdings Asset Turnover Calculation

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

E2open Parent Holdings's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=634.554/( (4400.175+3141.655)/ 2 )
=634.554/3770.915
=0.17

E2open Parent Holdings's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=151.655/( (3031.48+2622.144)/ 2 )
=151.655/2826.812
=0.05

* 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.


E2open Parent Holdings  (NYSE:ETWO) Asset Turnover Explanation

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

E2open Parent Holdings's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-1387.64/1270.146
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1387.64 / 606.62)*(606.62 / 2826.812)*(2826.812/ 1270.146)
=Net Margin %*Asset Turnover*Equity Multiplier
=-228.75 %*0.2146*2.2256
=ROA %*Equity Multiplier
=-49.09 %*2.2256
=-109.25 %

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

E2open Parent Holdings's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-1387.64/2826.812
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1387.64 / 606.62)*(606.62 / 2826.812)
=Net Margin %*Asset Turnover
=-228.75 %*0.2146
=-49.09 %

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


E2open Parent Holdings Asset Turnover Related Terms

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E2open Parent Holdings Business Description

Traded in Other Exchanges
N/A
Address
9600 Great Hills Trail, Suite 300E, Austin, TX, USA, 78759
E2open Parent Holdings Inc is an end-to-end and cloud-based supply chain management SaaS platform. The company's software combines networks, data, and applications to provide a deeply embedded, mission-critical platform that allows customers to optimize the supply chain across channel shaping, business planning, logistics, trade, manufacturing, and supply management. The Group has one reportable segment consisting of cloud-based, end-to-end SCM software. Geographically, the company operates in the Americas, Europe, and Asia Pacific, out of which the majority is from the Americas.
Executives
Andrew M Appel director, officer: Interim CEO C/O AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Michael Farlekas director, officer: Chief Executive Officer 9600 GREAT HILLS TRAIL, SUITE 300E, AUSTIN TX 78759
Gregory Randolph officer: Chief Commercial Officer C/O E2OPEN PARENT HOLDINGS INC., 9600 GREAT HILLS TRAIL, SUITE 300E, AUSTIN TX 78759
Jennifer S Grafton officer: General Counsel and Secretary 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Peter Hantman officer: Chief Operating Officer C/O E2OPEN, INC., 4100 EAST THIRD AVENUE, SUITE 400, FOSTER CITY CA 94404
Marje Armstrong officer: Chief Financial Officer 9600 GREAT HILLS TRAIL, #300E, AUSTIN TX 78759
Eva F. Huston director 9 WEST 20TH STREET, 9TH FLOOR, NEW YORK NY 10011
Jarett Janik officer: Chief Financial Officer 9600 GREAT HILLS TRAIL, SUITE 300E, AUSTIN TX 78759
Elliott Investment Management L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Chinh Chu director THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Neuberger Berman Group Llc 10 percent owner, other: See remarks. 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Deep Shah director 5 WILTON ROAD, 2ND FLOOR, LONDON X0 SW1V 1AN
David Jeffrey Kenneson officer: Sector President 9600 GREAT HILLS TRAIL #300E, AUSTIN TX 78759
Martin Fichtner director 101 CALIFORNIA STREET, SUITE 3700, SAN FRANCISCO CA 94111
Ronald P Kubera officer: Sector President 9715 KEY WEST AVENUE, ROCKVILLE MD 20850