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Care.com (Care.com) Asset Turnover : 0.22 (As of Sep. 2019)


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What is Care.com Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Care.com's Revenue for the three months ended in Sep. 2019 was $53.3 Mil. Care.com's Total Assets for the quarter that ended in Sep. 2019 was $245.6 Mil. Therefore, Care.com's Asset Turnover for the quarter that ended in Sep. 2019 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Care.com's annualized ROE % for the quarter that ended in Sep. 2019 was -8.32%. It is also linked to ROA % through Du Pont Formula. Care.com's annualized ROA % for the quarter that ended in Sep. 2019 was -3.64%.


Care.com Asset Turnover Historical Data

The historical data trend for Care.com'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.

Care.com Asset Turnover Chart

Care.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial 0.77 0.88 1.09 1.03 0.85

Care.com Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.23 0.21 0.19 0.19 0.22

Competitive Comparison of Care.com's Asset Turnover

For the Internet Content & Information subindustry, Care.com'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.


Care.com's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Care.com's Asset Turnover distribution charts can be found below:

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



Care.com Asset Turnover Calculation

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

Care.com'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 )
=192.26/( (184.376+268.067)/ 2 )
=192.26/226.2215
=0.85

Care.com's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=53.285/( (240.513+250.681)/ 2 )
=53.285/245.597
=0.22

* 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.


Care.com  (NYSE:CRCM) Asset Turnover Explanation

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

Care.com's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=-8.944/107.4415
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.944 / 213.14)*(213.14 / 245.597)*(245.597/ 107.4415)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.2 %*0.8678*2.2859
=ROA %*Equity Multiplier
=-3.64 %*2.2859
=-8.32 %

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

Care.com's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=-8.944/245.597
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.944 / 213.14)*(213.14 / 245.597)
=Net Margin %*Asset Turnover
=-4.2 %*0.8678
=-3.64 %

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


Care.com Asset Turnover Related Terms

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


Care.com (Care.com) Business Description

Traded in Other Exchanges
N/A
Address
77 Fourth Avenue, Fifth Floor, Waltham, MA, USA, 02451
Care.com Inc is an online marketplace for finding and managing family care and also e-commerce service selling curated products designed for families. It helps families address their particular lifecycle of care needs. The company focuses on child care, senior care, special needs care and other non-medical family care needs such as pet care, tutoring, and housekeeping. The group's products and services encompass consumer matching solutions, consumer payments solutions, consumer social e-commerce solutions, community platforms and tools and solutions for care related businesses.
Executives
George Bell director 117 KENDRICK STREET, STE 200, NEEDHAM MA 02494
Harris William H Jr director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Ac/interactivecorp 10 percent owner 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Capitalg Gp Llc 10 percent owner 1600 AMPITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Capitalg Lp 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Alphabet Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
J Sanford Miller director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
New Enterprise Associates 13 Lp 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Nea Partners 13, Limited Partnership 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Nea 13 Gp, Ltd 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Patrick J Kerins 10 percent owner
Scott D Sandell 10 percent owner
M James Barrett 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202

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