>
Switch to:

ICF International Asset Turnover

: 0.24 (As of Jun. 2021)
View and export this data going back to 2006. Start your Free Trial

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ICF International's Revenue for the three months ended in Jun. 2021 was $393 Mil. ICF International's Total Assets for the quarter that ended in Jun. 2021 was $1,632 Mil. Therefore, ICF International's Asset Turnover for the quarter that ended in Jun. 2021 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. ICF International's annualized ROE % for the quarter that ended in Jun. 2021 was 10.67%. It is also linked to ROA % through Du Pont Formula. ICF International's annualized ROA % for the quarter that ended in Jun. 2021 was 4.98%.


ICF International Asset Turnover Historical Data

The historical data trend for ICF 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.

ICF 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 1.09 1.12 1.15 1.13 0.98

ICF 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 0.22 0.22 0.27 0.23 0.24

ICF International Asset Turnover Calculation

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

ICF 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 )
=1506.875/( (1396.034+1667.29)/ 2 )
=1506.875/1531.662
=0.98

ICF 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 )
=392.525/( (1630.759+1632.789)/ 2 )
=392.525/1631.774
=0.24

* 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.


ICF International  (NAS:ICFI) Asset Turnover Explanation

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

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

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=81.248/761.372
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(81.248 / 1570.1)*(1570.1 / 1631.774)*(1631.774/ 761.372)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.17 %*0.9622*2.1432
=ROA %*Equity Multiplier
=4.98 %*2.1432
=10.67 %

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:

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

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=81.248/1631.774
=(Net Income / Revenue)*(Revenue / Total Assets)
=(81.248 / 1570.1)*(1570.1 / 1631.774)
=Net Margin %*Asset Turnover
=5.17 %*0.9622
=4.98 %

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.


ICF International Asset Turnover Related Terms

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


ICF International Business Description

ICF International logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
Address
9300 Lee Highway, Fairfax, VA, USA, 22031
ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, marketing, technology, and policy consulting and implementation services. Its services primarily support clients that operate in four key markets that include Energy, Environment, and Infrastructure, Health, Education, and Social Programs, Safety and Security and Consumer and Financial. The Company's major clients are United States federal government departments and agencies.
Executives
Crouther Marilyn C director 9300 LEE HIGHWAY FAIRFAX VA 22031
Terreri Donald J officer: VP & Principal Acct. Officer 9300 LEE HIGHWAY FAIRFAX VA 22031
Kesavan Sudhakar director, officer: Executive Chairman ICF INTERNATIONAL, INC. 9300 LEE HIGHWAY FAIRFAX VA 22031
Van Handel Michael J director 5301 NORTH IRONWOOD ROAD MILWAUKEE WI 53217
Grise Cheryl W director NORTHEAST UTILITIES 107 SELDEN STREET BERLIN CT 06037
Datar Srikant M. director ICF INTERNATIONAL, INC. 9300 LEE HIGHWAY FAIRFAX VA 22031
Schulte Peter M director 900 THIRD AVENUE 33RD FLOOR NEW YORK NY 10022-4775
Mehl Randall director 8620 N DEAN CIR RIVER HILLS WI 53217
Wasson John director, officer: CEO & President ICF INTERNATIONAL, INC. 9300 LEE HIGHWAY FAIRFAX VA 22031
Golinvaux Theresa D officer: SVP & Principal Acct. Officer 9300 LEE HIGHWAY FAIRFAX VA 20131
Morgan James C M officer: Chief of Business Operations 9300 LEE HIGHWAY FAIRFAX VA 22031
Ostria Sergio J officer: Executive Vice President 9300 LEE HIGHWAY FAIRFAX VA 22031
Welsh Bettina Garcia officer: Chief Financial Officer 9300 LEE HIGHWAY FAIRFAX VA 22031
Taylor Richard Dewayne officer: SVP & Principal Acct. Officer 9300 LEE HIGHWAY FAIRFAX VA 22031
Glover Ellen officer: Executive Vice President ICF INTERNATIONAL, INC. 9300 LEE HIGHWAY FAIRFAX VA 22031

ICF International Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)