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PAYO (Payoneer Global) Asset Turnover : 0.04 (As of Dec. 2024)


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What is Payoneer Global Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Payoneer Global's Revenue for the three months ended in Dec. 2024 was $261.7 Mil. Payoneer Global's Total Assets for the quarter that ended in Dec. 2024 was $7,490.8 Mil. Therefore, Payoneer Global's Asset Turnover for the quarter that ended in Dec. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Payoneer Global's annualized ROE % for the quarter that ended in Dec. 2024 was 10.02%. It is also linked to ROA % through Du Pont Formula. Payoneer Global's annualized ROA % for the quarter that ended in Dec. 2024 was 0.97%.


Payoneer Global Asset Turnover Historical Data

The historical data trend for Payoneer Global'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.

Payoneer Global Asset Turnover Chart

Payoneer Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.12 0.11 0.11 0.12 0.13

Payoneer Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.03 0.03 0.04 0.04 0.04

Competitive Comparison of Payoneer Global's Asset Turnover

For the Software - Infrastructure subindustry, Payoneer Global'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.


Payoneer Global's Asset Turnover Distribution in the Software Industry

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

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



Payoneer Global Asset Turnover Calculation

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

Payoneer Global's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=977.716/( (7283.119+7930.38)/ 2 )
=977.716/7606.7495
=0.13

Payoneer Global's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=261.739/( (7051.174+7930.38)/ 2 )
=261.739/7490.777
=0.03

* 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.


Payoneer Global  (NAS:PAYO) Asset Turnover Explanation

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

Payoneer Global's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=72.76/726.332
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(72.76 / 1046.956)*(1046.956 / 7490.777)*(7490.777/ 726.332)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.95 %*0.1398*10.3132
=ROA %*Equity Multiplier
=0.97 %*10.3132
=10.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Payoneer Global's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=72.76/7490.777
=(Net Income / Revenue)*(Revenue / Total Assets)
=(72.76 / 1046.956)*(1046.956 / 7490.777)
=Net Margin %*Asset Turnover
=6.95 %*0.1398
=0.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Payoneer Global Asset Turnover Related Terms

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


Payoneer Global Business Description

Traded in Other Exchanges
N/A
Address
150 W 30th Street, New York, NY, USA, 10001
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started to empower global commerce by connecting businesses, professionals, countries, and currencies with its diversified cross-border payments platform.
Executives
Beatrice Ordonez officer: Chief Financial Officer TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Scott H. Galit director, officer: Chief Executive Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Tsafi Goldman officer: CL&RO C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Itai Perry officer: SVP Finance C/O CROWDSTRIKE HOLDINGS, INC., 206 E. 9TH STREET, AUSTIN TX 78701
Technology Crossover Management Viii, Ltd. 10 percent owner, other: May be part of a 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Avi Zeevi director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Arnon Kraft officer: Chief Operating Officer 150 W 30TH ST., NEW YORK NY 10001
Susanna Morgan director 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Caro Del Castillo Sharda director C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Michael G Levine officer: Chief Financial Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert Kl Clarkson officer: Chief Revenue Officer 150 W 30TH ST., NEW YORK NY 10001
Assaf Ronen officer: Chief Platform Officer 234 1ST ST, SAN FRANCISCO CA 94105
John C. Morris director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
John Caplan director, officer: Co-Chief Executive Officer C/O PAYONEER GLOBAL INC. 150 W. 30TH ST, NEW YORK NY 10001
Gilad Gruber officer: Chief Technology Officer 150 W. 30TH STREET, NEW YORK NY 10001