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iClick Interactive Asia Group Asset Turnover

: 0.15 (As of Dec. 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. iClick Interactive Asia Group's Revenue for the three months ended in Dec. 2021 was $76.3 Mil. iClick Interactive Asia Group's Total Assets for the quarter that ended in Dec. 2021 was $509.8 Mil. Therefore, iClick Interactive Asia Group's Asset Turnover for the quarter that ended in Dec. 2021 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. iClick Interactive Asia Group's annualized ROE % for the quarter that ended in Dec. 2021 was -8.35%. It is also linked to ROA % through Du Pont Formula. iClick Interactive Asia Group's annualized ROA % for the quarter that ended in Dec. 2021 was -4.70%.


iClick Interactive Asia Group Asset Turnover Historical Data

The historical data trend for iClick Interactive Asia 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.

* Premium members only.

iClick Interactive Asia Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only 0.70 0.81 0.75 0.64 0.63

iClick Interactive Asia Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.17 0.14 0.15 0.17 0.15

iClick Interactive Asia Group Asset Turnover Calculation

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

iClick Interactive Asia Group's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=307.702/( (470.115+507.734)/ 2 )
=307.702/488.9245
=0.63

iClick Interactive Asia Group's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=76.323/( (511.861+507.734)/ 2 )
=76.323/509.7975
=0.15

* 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.


iClick Interactive Asia Group  (NAS:ICLK) Asset Turnover Explanation

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

iClick Interactive Asia Group's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-23.944/286.6675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.944 / 305.292)*(305.292 / 509.7975)*(509.7975/ 286.6675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.84 %*0.5988*1.7784
=ROA %*Equity Multiplier
=-4.70 %*1.7784
=-8.35 %

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

iClick Interactive Asia Group's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=-23.944/509.7975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.944 / 305.292)*(305.292 / 509.7975)
=Net Margin %*Asset Turnover
=-7.84 %*0.5988
=-4.70 %

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


iClick Interactive Asia Group Asset Turnover Related Terms

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iClick Interactive Asia Group Business Description

iClick Interactive Asia Group logo
Industry
Traded in Other Exchanges
Address
663 King’s Road, 15th Floor, Prosperity Millennia Plaza, Quarry Bay, Hong Kong, HKG
iClick Interactive Asia Group Ltd is an independent online marketing and enterprise data solutions provider in China. It serves as an integrated cross-channel gateway that provides marketers with innovative and cost-effective ways to optimize their online marketing efforts throughout their marketing cycle and achieve their branding and performance-based marketing goals. It has two operating segments: Marketing Solutions, and Enterprise Solutions. Geographically, it derives majority revenue from PRC and also has a presence in Hong Kong and other countries.

iClick Interactive Asia Group Headlines

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Why iClick Stock Plunged Today

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