Asset Turnover is linked to ROE % through Du Pont Formula. Billing Services Group's annualizedROE % for the quarter that ended in Jun. 2019 was 0.58%. It is also linked to ROA % through Du Pont Formula. Billing Services Group's annualizedROA % for the quarter that ended in Jun. 2019 was 0.42%.
Billing Services Group (LSE:BILL) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Billing Services Group's annulizedROE % for the quarter that ended in Jun. 2019 is
Note:
The Net Income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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:
Billing Services Group's annulizedROA % for the quarter that ended in Jun. 2019 is
Note:
The Net Income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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.
Billing Services Group Asset Turnover Related Terms
Billing Services Group Asset Turnover Historical Data
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The historical data trend for Billing 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.
LSE:BILL vs GPN, CTAS, CPRT: Asset Turnover Comparison
For the Specialty Business Services subindustry, Billing 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.
Billing Services Group Asset Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Billing Services Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Billing Services Group's Asset Turnover falls into.
* 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.
Billing Services Group (LSE:BILL) has a Asset Turnover of 0.33 as of Jun. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Billing Services Group and its competitors.
Is Billing Services Group's Asset Turnover too high?
Billing Services Group's current Asset Turnover is 0.33.
How does Billing Services Group's Asset Turnover compare to GPN and CTAS?
Billing Services Group's Asset Turnover of 0.33 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Business Services company?
A good Asset Turnover depends on the Business Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Billing Services Group and its competitors. Billing Services Group's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billing Services Group stock overvalued right now?
Based on GuruFocus' analysis, Billing Services Group (LSE:BILL) is currently considered Possible Value Trap. The current Asset Turnover is 0.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Billing Services Group (LSE:BILL), the current Asset Turnover is 0.33 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.
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