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Information Services Group (Information Services Group) Asset Turnover

: 0.27 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Information Services Group's Revenue for the three months ended in Dec. 2023 was $66.2 Mil. Information Services Group's Total Assets for the quarter that ended in Dec. 2023 was $245.5 Mil. Therefore, Information Services Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Information Services Group's annualized ROE % for the quarter that ended in Dec. 2023 was -11.05%. It is also linked to ROA % through Du Pont Formula. Information Services Group's annualized ROA % for the quarter that ended in Dec. 2023 was -4.68%.


Information Services Group Asset Turnover Historical Data

The historical data trend for Information Services Group'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.

Information Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.09 1.17 1.19 1.19

Information Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.33 0.32 0.31 0.30 0.27

Competitive Comparison

For the Information Technology Services subindustry, Information Services Group'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.


Information Services Group Asset Turnover Distribution

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

* The bar in red indicates where Information Services Group's Asset Turnover falls into.



Information Services Group Asset Turnover Calculation

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

Information Services Group'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 )
=291.054/( (243.028+247.345)/ 2 )
=291.054/245.1865
=1.19

Information Services Group'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 )
=66.186/( (243.589+247.345)/ 2 )
=66.186/245.467
=0.27

* 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.


Information Services Group  (NAS:III) Asset Turnover Explanation

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

Information Services Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-11.484/103.905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.484 / 264.744)*(264.744 / 245.467)*(245.467/ 103.905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.34 %*1.0785*2.3624
=ROA %*Equity Multiplier
=-4.68 %*2.3624
=-11.05 %

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:

Information Services Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-11.484/245.467
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.484 / 264.744)*(264.744 / 245.467)
=Net Margin %*Asset Turnover
=-4.34 %*1.0785
=-4.68 %

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.


Information Services Group Asset Turnover Related Terms

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Information Services Group (Information Services Group) Business Description

Traded in Other Exchanges
N/A
Address
2187 Atlantic Street, Stamford, CT, USA, 06902
Information Services Group Inc is a US-based technology insight, market intelligence, and advisory services firm. It principally offers digital transformation services, such as automation and cloud & data analytics; managed governance; network carrier services; technology strategy & operations design; changes management; market intelligence & technology research and analysis. It operates in one segment, fact-based sourcing advisory services. Its geographical segments are the Americas, Europe, and Asia-pacific.
Executives
Michael P Connors director, 10 percent owner, officer: Chairman and CEO
Todd D. Lavieri officer: Vice Chairman C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902
Michael A. Sherrick officer: EVP & Chief Financial Officer 2187 ATLANTIC STREET, STAMFORD CT 06902
Gerald S Hobbs director
Bruce Pfau director C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902
Neil G Budnick director C/O INFORMATION SERVICES GROUP, INC., TWO STAMFORD PLAZA, 281 TRESSER BLVD, STAMFORD CT 06901
Humberto P Alfonso officer: EVP & CFO 1085 OCEAN AVENUE, MANTOLOKING NJ 08738
Thomas S. Kucinski officer: EVP & Chief HR Officer TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
David E. Berger officer: Executive Vice President & CFO TWO STAMFORD PLAZA, 9TH FLOOR, STAMFORD CT 06901
Kalpana Raina director 111 RIVER STREET, C/O JOHN WILEY & SONS, INC., HOBOKEN NJ 07030
Chevrillon & Associes 10 percent owner 4/6 ROND POINT DES CHAMPS ELYSEES, PARIS I0 75008
Christine Putur director TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
R James Cravens officer: EVP, Chief HR & Comm Officer TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
David Whitmore officer: Vice Chairman, Pres.-ISG Amer. TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Guillermo Marmol director C/O FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120