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Marketo (Marketo) Asset Turnover : 0.29 (As of Jun. 2016)


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What is Marketo Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Marketo's Revenue for the three months ended in Jun. 2016 was $66.0 Mil. Marketo's Total Assets for the quarter that ended in Jun. 2016 was $225.9 Mil. Therefore, Marketo's Asset Turnover for the quarter that ended in Jun. 2016 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Marketo's annualized ROE % for the quarter that ended in Jun. 2016 was -98.06%. It is also linked to ROA % through Du Pont Formula. Marketo's annualized ROA % for the quarter that ended in Jun. 2016 was -36.75%.


Marketo Asset Turnover Historical Data

The historical data trend for Marketo'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.

Marketo Asset Turnover Chart

Marketo Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial 0.41 0.74 0.67 0.72 0.96

Marketo Quarterly Data
Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.23 0.25 0.26 0.28 0.29

Competitive Comparison of Marketo's Asset Turnover

For the Software - Application subindustry, Marketo'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.


Marketo's Asset Turnover Distribution in the Software Industry

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

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



Marketo Asset Turnover Calculation

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

Marketo's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=209.869/( (210.411+225.078)/ 2 )
=209.869/217.7445
=0.96

Marketo's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=65.995/( (219.967+231.932)/ 2 )
=65.995/225.9495
=0.29

* 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.


Marketo  (NAS:MKTO) Asset Turnover Explanation

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

Marketo's annulized ROE % for the quarter that ended in Jun. 2016 is

ROE %**(Q: Jun. 2016 )
=Net Income/Total Stockholders Equity
=-83.036/84.678
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-83.036 / 263.98)*(263.98 / 225.9495)*(225.9495/ 84.678)
=Net Margin %*Asset Turnover*Equity Multiplier
=-31.46 %*1.1683*2.6683
=ROA %*Equity Multiplier
=-36.75 %*2.6683
=-98.06 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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:

Marketo's annulized ROA % for the quarter that ended in Jun. 2016 is

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=-83.036/225.9495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-83.036 / 263.98)*(263.98 / 225.9495)
=Net Margin %*Asset Turnover
=-31.46 %*1.1683
=-36.75 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Marketo Asset Turnover Related Terms

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


Marketo (Marketo) Business Description

Traded in Other Exchanges
N/A
Address
Marketo Inc was incorporated in California in January 20, 2006 and reincorporated in the state of Delaware in 2010. The Company provides cloud-based marketing software platform that enables organizations to engage in modern relationship marketing. Its software platform is designed to enable the effective execution, management and analytical measurement of marketing activities, helping organizations to acquire new customers more efficiently, build stronger relationships with existing customers, improve sales effectiveness and drive faster revenue growth. Its platform delivers an easy-to-use, integrated suite of advanced applications, which today include Marketing Automation, Social Marketing, Sales Insight and Revenue Analytics. To enable its customers to obtain maximum value from Company's platform, it has created an ecosystem of third-party applications, as well as a network of resources to foster marketing thought leadership, sharing and collaboration among users. It provides customers with professional services, delivered by marketers, for marketers, to enable rapid time to value through effective implementation and use of its solutions. Its client base includes business services, consumers, financial services, healthcare, manufacturing, media, technology and telecommunication. It markets and sells products directly and through a growing network of distribution partners. The Company provides its solutions on a subscription basis. Its applications include Marketing Automation, Social Marketing, Sales Insight, and Revenue Analytics. The Company faces competition from other software companies that develop marketing software and from marketing services companies that provide interactive marketing services.
Executives
Roger S Siboni director 1900 SOUTH NORFOLK STREET, SAN MATEO CA 94403
Brian K Kinion officer: SVP & Chief Financial Officer C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Cambria W Dunaway director C/O BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Tae Hea Nahm director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Steven M Winter officer: EVP Worldwide Field Operations C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Susan L Bostrom director
Wesley R Wasson director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Lynne Biggar director 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020-1300
Ryan Floyd director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Sanjay Subhedar director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Venture Associates Iv, L.l.c. director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Venture Associates Iii, L.l.c. director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
M Alex Mendez director STORM VENTURES 2440 SAND HILL ROAD, SUITE 301 MENLO PARK CA 94025
Storm Ventures Principals Fund Iii director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Fund Iii Lp director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025

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