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Qumu (QUMU) Asset Turnover : 0.25 (As of Sep. 2022)


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What is Qumu Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Qumu's Revenue for the three months ended in Sep. 2022 was $5.47 Mil. Qumu's Total Assets for the quarter that ended in Sep. 2022 was $21.93 Mil. Therefore, Qumu's Asset Turnover for the quarter that ended in Sep. 2022 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Qumu's annualized ROE % for the quarter that ended in Sep. 2022 was -132.67%. It is also linked to ROA % through Du Pont Formula. Qumu's annualized ROA % for the quarter that ended in Sep. 2022 was -24.93%.


Qumu Asset Turnover Historical Data

The historical data trend for Qumu'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.

Qumu Asset Turnover Chart

Qumu Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.78 0.82 0.92 0.70

Qumu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.17 0.16 0.14 0.19 0.25

Competitive Comparison of Qumu's Asset Turnover

For the Software - Application subindustry, Qumu'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.


Qumu's Asset Turnover Distribution in the Software Industry

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

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



Qumu Asset Turnover Calculation

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

Qumu'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 )
=24.022/( (31.426+37.096)/ 2 )
=24.022/34.261
=0.70

Qumu's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=5.471/( (22.271+21.595)/ 2 )
=5.471/21.933
=0.25

* 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.


Qumu  (NAS:QUMU) Asset Turnover Explanation

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

Qumu's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-5.468/4.1215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.468 / 21.884)*(21.884 / 21.933)*(21.933/ 4.1215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.99 %*0.9978*5.3216
=ROA %*Equity Multiplier
=-24.93 %*5.3216
=-132.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Qumu's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-5.468/21.933
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.468 / 21.884)*(21.884 / 21.933)
=Net Margin %*Asset Turnover
=-24.99 %*0.9978
=-24.93 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Qumu Asset Turnover Related Terms

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


Qumu (QUMU) Business Description

Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 401-412, Minneapolis, MN, USA, 55415
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.
Executives
Rose Bentley director, officer: President and CEO 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Robert F Olson director 110 BANK ST. SE, APT 2002, MINNEAPOLIS MN 55414
Mary E Chowning director 65 PASEO DEL COYOTE, SANTA FE NM 87506
Neil E Cox director 86 S. WYNSTONE DR., NORTH BARRINGTON IL 60010
Edward D Horowitz director C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Thomas A. Krueger officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Jason Karp officer: CCO/Chief Counsel 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Tj Kennedy director, officer: President and CEO 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Dave Ristow officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Daniel R Fishback director 76 ADAM WAY, ATHERTON CA 94027
Vern Hanzlik director, officer: President and CEO 510 1ST AVENUE NORTH, SUITE 305, MINNEAPOLIS MN 55403
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203