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Premiere Global Services (Premiere Global Services) Asset Turnover : 0.18 (As of Sep. 2015)


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What is Premiere Global Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Premiere Global Services's Revenue for the three months ended in Sep. 2015 was $141.0 Mil. Premiere Global Services's Total Assets for the quarter that ended in Sep. 2015 was $768.3 Mil. Therefore, Premiere Global Services's Asset Turnover for the quarter that ended in Sep. 2015 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Premiere Global Services's annualized ROE % for the quarter that ended in Sep. 2015 was 5.41%. It is also linked to ROA % through Du Pont Formula. Premiere Global Services's annualized ROA % for the quarter that ended in Sep. 2015 was 1.74%.


Premiere Global Services Asset Turnover Historical Data

The historical data trend for Premiere Global Services'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.

Premiere Global Services Asset Turnover Chart

Premiere Global Services Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.87 0.93 0.85 0.78

Premiere Global Services Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.20 0.19 0.19 0.19 0.18

Competitive Comparison of Premiere Global Services's Asset Turnover

For the Telecom Services subindustry, Premiere Global Services'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.


Premiere Global Services's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Premiere Global Services's Asset Turnover distribution charts can be found below:

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



Premiere Global Services Asset Turnover Calculation

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

Premiere Global Services's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=567.071/( (698.108+756.23)/ 2 )
=567.071/727.169
=0.78

Premiere Global Services's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=140.967/( (776.106+760.514)/ 2 )
=140.967/768.31
=0.18

* 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.


Premiere Global Services  (NYSE:PGI) Asset Turnover Explanation

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

Premiere Global Services's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=13.356/246.962
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.356 / 563.868)*(563.868 / 768.31)*(768.31/ 246.962)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.37 %*0.7339*3.111
=ROA %*Equity Multiplier
=1.74 %*3.111
=5.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Premiere Global Services's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=13.356/768.31
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.356 / 563.868)*(563.868 / 768.31)
=Net Margin %*Asset Turnover
=2.37 %*0.7339
=1.74 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Premiere Global Services Asset Turnover Related Terms

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


Premiere Global Services (Premiere Global Services) Business Description

Traded in Other Exchanges
N/A
Address
Premiere Global Services Inc was incorporated in Florida in 1991 and reincorporated in Georgia in 1995. The Company provides cloud-based solutions that deliver multi-point, real-time virtual collaboration using video, voice, mobile, web streaming and file sharing technologies. Its solutions are available via desktops, tablets and mobile devices, helping businesses worldwide be more productive, mobile and environmentally responsible. The Company has a global presence in 25 countries on five continents and an established base of over 45,000 enterprise customers. In 2011, the Company began transitioning its business toward a software-as-a-service, or SaaS, model. The Company offers three primary software solutions: iMeet is the Companys next-generation, online meeting solution that lets people meet and collaborate face-to-face online anywhere, anytime, from any device; GlobalMeet is the Companys integrated conference calling and web conferencing solution; and GlobalMeet Audio is the Companys enterprise-class audio conferencing solution. Its software solutions are accessible via a suite of desktop and mobile applications, including its apps for the iPhone, iPad, BlackBerry and Android phones. They are also accessible via all market-leading Internet browsers on the web and the mobile web, as well as through access points embedded in third-party software applications. The Company markets its solutions globally through a multi-channel sales approach that includes direct sales, channel resellers, strategic technology partners and marketing alliances and are also available for purchase online. The markets for the Companys solutions are highly competitive, rapidly evolving and subject to changing technology, shifting customer needs and introductions of new products and services. It competes for customers based on product offerings, price, customer service, quality of user experience, ease of use, reliability, global capabilities, scalability, value-added functionality, security and integration with multiple operating systems and devices. The Company is subject to various federal, state, local and international laws regulating the provision of its services. The Company currently has 28 patents issued and 68 applications pending in the United States and internationally.
Executives
W Steven Jones director CAMPUS BOX 3490, MCCOLL BLDG, UNC CHAPEL HILL, CHAPEL HILL NC 27599-3490
Raymond Pirtle director 500 CHURCH ST, STE 200, NASHVILLE TN 37219
John F Cassidy director
Boland T Jones director, officer: Chief Executive Officer C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
John Harris director
Jeffrey T Arnold director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
William E Franklin officer: EVP & CFO 3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326

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