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KLDI (KLDiscovery) Asset Turnover : 0.13 (As of Jun. 2024)


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What is KLDiscovery Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. KLDiscovery's Revenue for the three months ended in Jun. 2024 was $79.0 Mil. KLDiscovery's Total Assets for the quarter that ended in Jun. 2024 was $609.8 Mil. Therefore, KLDiscovery's Asset Turnover for the quarter that ended in Jun. 2024 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. KLDiscovery's annualized ROE % for the quarter that ended in Jun. 2024 was 379.57%. It is also linked to ROA % through Du Pont Formula. KLDiscovery's annualized ROA % for the quarter that ended in Jun. 2024 was -16.59%.


KLDiscovery Asset Turnover Historical Data

The historical data trend for KLDiscovery'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.

KLDiscovery Asset Turnover Chart

KLDiscovery Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.44 0.42 0.49 0.51 0.57

KLDiscovery Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.15 0.13 0.14 0.13 0.13

Competitive Comparison of KLDiscovery's Asset Turnover

For the Software - Application subindustry, KLDiscovery'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.


KLDiscovery's Asset Turnover Distribution in the Software Industry

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

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



KLDiscovery Asset Turnover Calculation

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

KLDiscovery'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 )
=345.799/( (619.442+605.593)/ 2 )
=345.799/612.5175
=0.56

KLDiscovery's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=78.969/( (610.906+608.781)/ 2 )
=78.969/609.8435
=0.13

* 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.


KLDiscovery  (OTCPK:KLDI) Asset Turnover Explanation

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

KLDiscovery's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-101.2/-26.662
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-101.2 / 315.876)*(315.876 / 609.8435)*(609.8435/ -26.662)
=Net Margin %*Asset Turnover*Equity Multiplier
=-32.04 %*0.518*-22.8731
=ROA %*Equity Multiplier
=-16.59 %*-22.8731
=379.57 %

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

KLDiscovery's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-101.2/609.8435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-101.2 / 315.876)*(315.876 / 609.8435)
=Net Margin %*Asset Turnover
=-32.04 %*0.518
=-16.59 %

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


KLDiscovery Asset Turnover Related Terms

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


KLDiscovery Business Description

Traded in Other Exchanges
N/A
Address
9023 Columbine Road, Eden Prairie, MN, USA, 55347
KLDiscovery Inc is a provider of technology-enabled services and software to help law firms, corporations, government agencies, and consumers solve complex data challenges. The company is engaged in providing technology-based litigation support solutions and services.
Executives
Arjun Shah director C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Lauren Tanenbaum director C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Jonathan J Ledecky director C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Prior Lawrence B Iii director 10260 CAMPUS POINT DRIVE, M/S 1-4-1, SAN DIEGO CA 92121
Ian Fujiyama director CARLYLE GROUP, 1001 PENNSYLVANIA AVE NW, SUITE 220S, WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Evan B Morgan director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Donna S Morea director 214 N TRYON STREET, CHARLOTTE NC 28202
Dawn M. Wilson officer: Chief Financial Officer C/O KLDISCOVERY, 8201 GREENSBORO DRIVE, SUITE 300, MCLEAN VA 22102
Krystina L. Jones officer: EVP, Global Sales & Marketing C/O KLDISCOVERY, 8201 GREENBORO DRIVE, SUITE 300, MCLEAN VA 22102
Richard J Williams director 125 HIGH STREET, 26TH FLOOR, BOSTON MA 02110
Greg Racz director, 10 percent owner, other: See remarks C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Mgg Investment Group Lp director, 10 percent owner, other: See remarks ONE PENN PLAZA, 53RD FLOOR, NEW YORK NY 10119
Ceof Ii Coinvestment (de), L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii De I Aiv, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004

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