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EVCM (EverCommerce) Asset Turnover : 0.12 (As of Dec. 2024)


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What is EverCommerce Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. EverCommerce's Revenue for the three months ended in Dec. 2024 was $175.0 Mil. EverCommerce's Total Assets for the quarter that ended in Dec. 2024 was $1,436.2 Mil. Therefore, EverCommerce's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. EverCommerce's annualized ROE % for the quarter that ended in Dec. 2024 was -6.43%. It is also linked to ROA % through Du Pont Formula. EverCommerce's annualized ROA % for the quarter that ended in Dec. 2024 was -3.41%.


EverCommerce Asset Turnover Historical Data

The historical data trend for EverCommerce'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.

EverCommerce Asset Turnover Chart

EverCommerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.30 0.33 0.38 0.43 0.48

EverCommerce 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 0.11 0.11 0.12 0.12 0.12

Competitive Comparison of EverCommerce's Asset Turnover

For the Software - Infrastructure subindustry, EverCommerce'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.


EverCommerce's Asset Turnover Distribution in the Software Industry

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

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


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EverCommerce Asset Turnover Calculation

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

EverCommerce'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 )
=698.765/( (1518.064+1421.268)/ 2 )
=698.765/1469.666
=0.48

EverCommerce'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 )
=174.999/( (1451.134+1421.268)/ 2 )
=174.999/1436.201
=0.12

* 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.


EverCommerce  (NAS:EVCM) Asset Turnover Explanation

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

EverCommerce's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-48.932/760.7845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-48.932 / 699.996)*(699.996 / 1436.201)*(1436.201/ 760.7845)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.99 %*0.4874*1.8878
=ROA %*Equity Multiplier
=-3.41 %*1.8878
=-6.43 %

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:

EverCommerce's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-48.932/1436.201
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-48.932 / 699.996)*(699.996 / 1436.201)
=Net Margin %*Asset Turnover
=-6.99 %*0.4874
=-3.41 %

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.


EverCommerce Asset Turnover Related Terms

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


EverCommerce Business Description

Traded in Other Exchanges
N/A
Address
3601 Walnut Street, Suite 400, Denver, CO, USA, 80205
EverCommerce Inc provides tailored Software-as-a-Service solutions for service-based small- and medium-sized businesses (SMBs) in-home services, health services, and fitness & wellness. With a platform serving approximately 708,000 customers across three core verticals, including numerous micro-verticals, their solutions address diverse needs within these sectors. Revenue is primarily generated from the United States. Operating in a single segment, their vertically-tailored SaaS offerings cater to SMBs' specialized demands, enabling them to automate processes, generate business, and enhance customer loyalty. The majority of customers contribute modest revenue, with a small percentage contributing higher amounts.
Executives
Eric Richard Remer director, officer: Chief Executive Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Matthew David Feiersrtein officer: President C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lisa E Storey officer: General Counsel C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Evan Berlin officer: Chief Operating Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Marc Christopher Thompson officer: Chief Financial Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Ryan H Siurek officer: Chief Accounting Officer 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Shane Driggers officer: Chief Human Resources Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Sarah Michelle Jordan officer: Chief Marketing Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Debby Soo director C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Samuel Christopher Alaimo officer: Chief Technology Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lee Dabberdt officer: Chief Accounting Officer C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
John Rudella director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Lisa M. Sterling officer: Chief Admin and HR Officer C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Sla Cm Eclipse Holdings, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Richard A Simonson director C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134