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CSG Systems International Asset Turnover

: 0.20 (As of Jun. 2021)
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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. CSG Systems International's Revenue for the three months ended in Jun. 2021 was $255 Mil. CSG Systems International's Total Assets for the quarter that ended in Jun. 2021 was $1,283 Mil. Therefore, CSG Systems International's Asset Turnover for the quarter that ended in Jun. 2021 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. CSG Systems International's annualized ROE % for the quarter that ended in Jun. 2021 was 17.82%. It is also linked to ROA % through Du Pont Formula. CSG Systems International's annualized ROA % for the quarter that ended in Jun. 2021 was 6.02%.


CSG Systems International Asset Turnover Historical Data

The historical data trend for CSG Systems International'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.

CSG Systems International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.88 0.87 0.83 0.76

CSG Systems International Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.19 0.19 0.20 0.19 0.20

CSG Systems International Asset Turnover Calculation

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

CSG Systems International's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=990.533/( (1283.03+1332)/ 2 )
=990.533/1307.515
=0.76

CSG Systems International's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=255.134/( (1274.481+1291.684)/ 2 )
=255.134/1283.0825
=0.20

* 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.


CSG Systems International  (NAS:CSGS) Asset Turnover Explanation

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

CSG Systems International's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=77.284/433.7475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(77.284 / 1020.536)*(1020.536 / 1283.0825)*(1283.0825/ 433.7475)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.57 %*0.7954*2.9581
=ROA %*Equity Multiplier
=6.02 %*2.9581
=17.82 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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:

CSG Systems International's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=77.284/1283.0825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(77.284 / 1020.536)*(1020.536 / 1283.0825)
=Net Margin %*Asset Turnover
=7.57 %*0.7954
=6.02 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


CSG Systems International Asset Turnover Related Terms

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CSG Systems International Business Description

CSG Systems International logo
Industry
Technology » Software NAICS : 541511 SIC : 7374
Traded in Other Exchanges
Address
6175 S. Willow Drive, 10th Floor, Greenwood Village, CO, USA, 80111
CSG Systems International Inc. is a provider of business support solutions for the communications industry. Its solutions include cable and satellite care and billing, content management and monetization, convergent rating and billing, mediation and data management, and wholesale settlement and routing. They help companies with transaction-centric models to manage operations by capturing and managing revenue associated with large transaction volumes. The company derives revenue from software license agreements and professional services. A large majority of the firm's revenue is generated in the United States.
Executives
Fawaz Marwan director 12405 POWERSCOURT DRIVE SAINT LOUIS MO 63131
Song Haiyan director 333 UPLANDS DR HILLSBOROUGH CA 94010
Tavares Silvio director 20 TIPTOE LANE BURLINGAME CA 94010
Kennedy Kenneth M officer: EVP & Pres, Technlgy & Product 33 W MONROE ST, SUITE 900 CHICAGO IL 60603
Barnes David G director 6175 S WILLOW DR 10TH FLOOR GREENWOOD VILLAGE CO 80111
Shepherd Brian A. officer: EVP & Group President 9197 SOUTH PEORIA STREET ENGLEWOOD CO 80112
Cooper Ronald director 1700 EAST TUFTS AVE. ENGLEWOOD CO 80113
Sica Frank V director CSG SYSTEMS INTERNATIONAL INC 7887 E BELLEVIEW AVE STE 1000 ENGEWOOD CO 801111
Reed Donald director 45 FREEMONT ST SAN FRANCISCO CA 94105
Obuchowski Janice I director 21700 ATLANTIC BLVD ORBITAL SCIENCES CORP DULLES VA 20166
Naik Rajan director 500 WEST MONROE STREET CHICAGO IL 60661
Unruh James A director C/O PRUDENTIAL FINANCIAL INC 751 BROAD ST. 4TH FL. NEWARK NJ 01702
Johns Rolland B officer: EVP & CFO 9555 MAROON CIRCLE ENGLEWOOD CO 80112
Schaaf David Neil officer: SVP, Chief Accounting Officer 6175 SOUTH WILLOW DRIVE GREENWOOD VILLAGE CO 80111
Griess Bret C officer: CEO and President 9555 MAROON CIRCLE ENGLEWOOD CO 80112

CSG Systems International Headlines

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