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Navigant Consulting (Navigant Consulting) Asset Turnover : 0.25 (As of Jun. 2019)


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What is Navigant Consulting Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Navigant Consulting's Revenue for the three months ended in Jun. 2019 was $223.1 Mil. Navigant Consulting's Total Assets for the quarter that ended in Jun. 2019 was $911.7 Mil. Therefore, Navigant Consulting's Asset Turnover for the quarter that ended in Jun. 2019 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Navigant Consulting's annualized ROE % for the quarter that ended in Jun. 2019 was 5.54%. It is also linked to ROA % through Du Pont Formula. Navigant Consulting's annualized ROA % for the quarter that ended in Jun. 2019 was 3.98%.


Navigant Consulting Asset Turnover Historical Data

The historical data trend for Navigant Consulting'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.

Navigant Consulting Asset Turnover Chart

Navigant Consulting Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.96 0.67 0.67 0.74

Navigant Consulting Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.18 0.20 0.22 0.25

Competitive Comparison of Navigant Consulting's Asset Turnover

For the Specialty Business Services subindustry, Navigant Consulting'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.


Navigant Consulting's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Navigant Consulting's Asset Turnover distribution charts can be found below:

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



Navigant Consulting Asset Turnover Calculation

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

Navigant Consulting's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=743.614/( (1080.264+917.547)/ 2 )
=743.614/998.9055
=0.74

Navigant Consulting's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=223.056/( (915.15+908.231)/ 2 )
=223.056/911.6905
=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.


Navigant Consulting  (NYSE:NCI) Asset Turnover Explanation

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

Navigant Consulting's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=36.316/655.139
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.316 / 892.224)*(892.224 / 911.6905)*(911.6905/ 655.139)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.07 %*0.9786*1.3916
=ROA %*Equity Multiplier
=3.98 %*1.3916
=5.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:

Navigant Consulting's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=36.316/911.6905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(36.316 / 892.224)*(892.224 / 911.6905)
=Net Margin %*Asset Turnover
=4.07 %*0.9786
=3.98 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Navigant Consulting Asset Turnover Related Terms

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


Navigant Consulting (Navigant Consulting) Business Description

Traded in Other Exchanges
N/A
Address
150 North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606
Navigant Consulting Inc is an America-based professional services firm. The company operates through four segments. The disputes, investigations & economics segment provides valuation and economic analysis services and forensic services. The financial, risk & compliance segment provides advisory services concerning strategy, operation, valuation, risk management and more. Clients of this segment are primarily from the financial services industry. The healthcare segment provides consulting services and business process management services primarily to healthcare providers, payers and life science companies. The energy segment provides management advisory services. The United States accounts for the majority of the company's revenue.
Executives
Kevin M Blakely director HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Cynthia A Glassman director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Stephan A James director C/O ACCENTURE LEGAL & COMMERICAL GROUP, 23RD FL 161 N CLARK STREET, CHICAGO IL 60601
Julie Howard director, officer: Chairman & CEO MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Rudina Seseri director C/O NAVIGANT CONSULTING, INC., 150 NORTH RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
Jeffrey W. Yingling director C/O 150 N. RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
Samuel K Skinner director 233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601
James R Thompson director C/O WINSTON & STRAWN, 35 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Lloyd H Dean director 185 BERRY STREET, SUITE 300, SAN FRANCISCO CA 94107
Lucinda M Baier officer: EVP & CFO 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Peter Pond director
William M Goodyear director NAVIGANT CONSULTING, INC, 615 N. WABASH AVENUE, CHICAGO IL 60611
Valerie B Jarrett director, Director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Scott J Krenz other: Former EVP and CFO 5400 LEGACY DRIVE H3-3E-35, PLANO TX 75024
Ben W Perks officer: EVP & Chief Financial Officer

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