GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Quotient Technology Inc (NYSE:QUOT) » Definitions » Asset Turnover

Quotient Technology (Quotient Technology) Asset Turnover : 0.20 (As of Jun. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Quotient Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Quotient Technology's Revenue for the three months ended in Jun. 2023 was $65.7 Mil. Quotient Technology's Total Assets for the quarter that ended in Jun. 2023 was $329.9 Mil. Therefore, Quotient Technology's Asset Turnover for the quarter that ended in Jun. 2023 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Quotient Technology's annualized ROE % for the quarter that ended in Jun. 2023 was -39.34%. It is also linked to ROA % through Du Pont Formula. Quotient Technology's annualized ROA % for the quarter that ended in Jun. 2023 was -19.27%.


Quotient Technology Asset Turnover Historical Data

The historical data trend for Quotient Technology'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.

Quotient Technology Asset Turnover Chart

Quotient Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.70 0.76 0.85 0.58

Quotient Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.13 0.14 0.16 0.17 0.20

Competitive Comparison of Quotient Technology's Asset Turnover

For the Advertising Agencies subindustry, Quotient Technology'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.


Quotient Technology's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Quotient Technology's Asset Turnover distribution charts can be found below:

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



Quotient Technology Asset Turnover Calculation

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

Quotient Technology's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=288.766/( (635.48+363.159)/ 2 )
=288.766/499.3195
=0.58

Quotient Technology's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=65.706/( (333.648+326.24)/ 2 )
=65.706/329.944
=0.20

* 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.


Quotient Technology  (NYSE:QUOT) Asset Turnover Explanation

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

Quotient Technology's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-63.592/161.6355
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-63.592 / 262.824)*(262.824 / 329.944)*(329.944/ 161.6355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.2 %*0.7966*2.0413
=ROA %*Equity Multiplier
=-19.27 %*2.0413
=-39.34 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Quotient Technology's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-63.592/329.944
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-63.592 / 262.824)*(262.824 / 329.944)
=Net Margin %*Asset Turnover
=-24.2 %*0.7966
=-19.27 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Quotient Technology Asset Turnover Related Terms

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


Quotient Technology (Quotient Technology) Business Description

Traded in Other Exchanges
N/A
Address
1260 East Stringham Avenue, 6th Floor, Salt Lake, UT, USA, 84106
Quotient Technology Inc is a promotions and media technology company that delivers targeted digital promotions and media for advertisers and retailers to reach consumers and drive action. Using the company's platforms and suite of omnichannel solutions, advertisers can plan, target, deliver and measure performance marketing and brand marketing to impact sales. The Company's network includes the digital properties of retail partners, non-retail publisher partners and CPG customers, social media platforms, its consumer brand, Shopmium, and its digital out-of-home properties. This network provides the Company with proprietary and licensed data, including retailers' in-store point-of-sale shopper data, first-party consumer behavior and purchase intent data, and location intelligence.
Executives
Kathryn White Vanek director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Robert A Mcdonald director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Tracey Elizabeth Figurelli director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022
Kimberly Anstett director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Yuneeb Ullah Khan officer: CFO & COO 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Matthew Krepsik director, officer: Chief Executive Officer 400 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Andrew J Gessow director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Scott David Raskin officer: President QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
John Peter Kellerman officer: Interim CFO 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Matthew John O'grady director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Lorraine Hariton director C/O QUOTIENT TECHNOLOGY INC, 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Alison Tattersall Hawkins director 400 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Eric Domingo Higgs director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106

Quotient Technology (Quotient Technology) Headlines