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Intellicheck (Intellicheck) Asset Turnover : 0.22 (As of Dec. 2023)


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What is Intellicheck Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Intellicheck's Revenue for the three months ended in Dec. 2023 was $5.18 Mil. Intellicheck's Total Assets for the quarter that ended in Dec. 2023 was $23.09 Mil. Therefore, Intellicheck's Asset Turnover for the quarter that ended in Dec. 2023 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Intellicheck's annualized ROE % for the quarter that ended in Dec. 2023 was 17.63%. It is also linked to ROA % through Du Pont Formula. Intellicheck's annualized ROA % for the quarter that ended in Dec. 2023 was 13.11%.


Intellicheck Asset Turnover Historical Data

The historical data trend for Intellicheck'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.

Intellicheck Asset Turnover Chart

Intellicheck 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 0.54 0.56 0.66 0.66 0.82

Intellicheck 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 0.20 0.19 0.21 0.22 0.22

Competitive Comparison of Intellicheck's Asset Turnover

For the Software - Application subindustry, Intellicheck'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.


Intellicheck's Asset Turnover Distribution in the Software Industry

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

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



Intellicheck Asset Turnover Calculation

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

Intellicheck'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 )
=18.906/( (22.453+23.808)/ 2 )
=18.906/23.1305
=0.82

Intellicheck'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 )
=5.176/( (22.376+23.808)/ 2 )
=5.176/23.092
=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.


Intellicheck  (NAS:IDN) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=3.028/17.1735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.028 / 20.704)*(20.704 / 23.092)*(23.092/ 17.1735)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.63 %*0.8966*1.3446
=ROA %*Equity Multiplier
=13.11 %*1.3446
=17.63 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=3.028/23.092
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.028 / 20.704)*(20.704 / 23.092)
=Net Margin %*Asset Turnover
=14.63 %*0.8966
=13.11 %

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.


Intellicheck Asset Turnover Related Terms

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


Intellicheck (Intellicheck) Business Description

Traded in Other Exchanges
Address
200 Broad Hollow Road, Suite 207, Melville, NY, USA, 11747
Intellicheck Inc is a trusted industry leader in technology solutions that stop identity theft and fraud with real-time identification authentication and age verification. The company makes it possible for its clients to increase revenues, improve customer service, and increase operational efficiencies. Under the new direction, the company is focused on partnering with banks and credit card issuers, and retailers to prevent fraud. It derives revenue through Sales of systems, subscription fees, Sale of software upgrades, and extended maintenance programs.
Executives
Jonathan Robins officer: Chief Technology Officer 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Jeffrey Ishmael officer: Chief Financial Officer 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Guy L Smith director 246 CROSSWAYS PARK WEST, WOODBURY NY 11797
Bryan Lewis officer: President and CEO 100 JERICHO QUADRANGLE, SUITE 202, JERICHO NY 11753
Russell T Embry officer: Sr VP & Chief Technology Off. INTELLI CHECK INC, 246 CROSSWAYS PARK, WOODBURY NY 11797
Garrett Gafke officer: President 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Gregory Braca director 11952 SOUTH EDGEWATER DR., PALM BEACH GARDENS FL 33410
Dondi Black director 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Billy Joe White officer: CFO, Secretary and Treasurer 191 OTTO ST., PORT TOWNSEND WA 98368
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Amelia Ruzzo director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
David E Ullman director C/O 500 HANOVER PIKE, HAMPSTEAD MD 21074
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael Malone director 191 OTTO STREET, PORT TOWNSEND WA 98368
William H Roof officer: VP & COO 191 OTTO STREET, PORT TOWNSEND WA 98368