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JAMF (Jamf Holding) Asset Turnover : 0.10 (As of Dec. 2024)


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What is Jamf Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jamf Holding's Revenue for the three months ended in Dec. 2024 was $163.0 Mil. Jamf Holding's Total Assets for the quarter that ended in Dec. 2024 was $1,582.2 Mil. Therefore, Jamf Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Jamf Holding's annualized ROE % for the quarter that ended in Dec. 2024 was -9.15%. It is also linked to ROA % through Du Pont Formula. Jamf Holding's annualized ROA % for the quarter that ended in Dec. 2024 was -4.15%.


Jamf Holding Asset Turnover Historical Data

The historical data trend for Jamf Holding'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.

Jamf Holding Asset Turnover Chart

Jamf Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.27 0.29 0.32 0.36 0.40

Jamf Holding 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 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Jamf Holding's Asset Turnover

For the Software - Application subindustry, Jamf Holding'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.


Jamf Holding's Asset Turnover Distribution in the Software Industry

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

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


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Jamf Holding Asset Turnover Calculation

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

Jamf Holding'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 )
=627.399/( (1589.652+1580.229)/ 2 )
=627.399/1584.9405
=0.40

Jamf Holding'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 )
=162.974/( (1584.21+1580.229)/ 2 )
=162.974/1582.2195
=0.10

* 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.


Jamf Holding  (NAS:JAMF) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-65.712/718.256
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-65.712 / 651.896)*(651.896 / 1582.2195)*(1582.2195/ 718.256)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.08 %*0.412*2.2029
=ROA %*Equity Multiplier
=-4.15 %*2.2029
=-9.15 %

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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-65.712/1582.2195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-65.712 / 651.896)*(651.896 / 1582.2195)
=Net Margin %*Asset Turnover
=-10.08 %*0.412
=-4.15 %

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.


Jamf Holding Asset Turnover Related Terms

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


Jamf Holding Business Description

Traded in Other Exchanges
Address
100 Washington Avenue S, Suite 900, Minneapolis, MN, USA, 55401
Jamf Holding Corp is the standard in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. The company helps organizations, including businesses, hospitals, schools, and government agencies, connect, manage, and protect Apple products, apps, and corporate resources in the cloud without ever having to touch the devices. It sells its Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online, and indirectly via its channel partners, including Apple. The company operates in The Americas; Europe, the Middle East, India, and Africa; and Asia Pacific.
Executives
Beth Tschida officer: CTO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Jeff Lendino officer: General Counsel 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Dean Hager director, officer: Chief Exec Officer, Director C/O JAMF HOLDING CORP., 100 WASHINGTON AVE. S. SUITE 1100, MINNEAPOLIS MN 55401
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Linh Lam officer: CIO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE, S. SUITE 1100, MINNEAPOLIC MN 55401
Michelle Bucaria officer: CPO C/O TELADOC, INC., 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Elizabeth Benz officer: CHIEF SALES OFFICER C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Ian Goodkind officer: Chief Accounting Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
John Strosahl officer: Chief Operating Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Jason Wudi officer: Chief Technology Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Etalvina Leite director 5477 VIA NICOLA, NEWBURY PARK CA 91320
Vista Equity Partners Fund Vi, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Vepf Vi Co Invest 1 Gp, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jill Putman officer: Chief Financial Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401