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Repay Holdings (Repay Holdings) Asset Turnover : 0.05 (As of Mar. 2024)


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What is Repay Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Repay Holdings's Revenue for the three months ended in Mar. 2024 was $80.7 Mil. Repay Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,518.3 Mil. Therefore, Repay Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Repay Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -2.56%. It is also linked to ROA % through Du Pont Formula. Repay Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -1.37%.


Repay Holdings Asset Turnover Historical Data

The historical data trend for Repay Holdings'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.

Repay Holdings Asset Turnover Chart

Repay Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial - 0.16 0.16 0.17 0.19

Repay Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Repay Holdings's Asset Turnover

For the Software - Infrastructure subindustry, Repay Holdings'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.


Repay Holdings's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Repay Holdings's Asset Turnover falls into.



Repay Holdings Asset Turnover Calculation

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

Repay Holdings's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=296.627/( (1626.8+1519.833)/ 2 )
=296.627/1573.3165
=0.19

Repay Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=80.72/( (1519.833+1516.72)/ 2 )
=80.72/1518.2765
=0.05

* 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.


Repay Holdings  (NAS:RPAY) Asset Turnover Explanation

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

Repay Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-20.848/814.4745
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-20.848 / 322.88)*(322.88 / 1518.2765)*(1518.2765/ 814.4745)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.46 %*0.2127*1.8641
=ROA %*Equity Multiplier
=-1.37 %*1.8641
=-2.56 %

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

Repay Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-20.848/1518.2765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.848 / 322.88)*(322.88 / 1518.2765)
=Net Margin %*Asset Turnover
=-6.46 %*0.2127
=-1.37 %

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


Repay Holdings Asset Turnover Related Terms

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


Repay Holdings (Repay Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3 West Paces Ferry Road, Suite 200, Atlanta, GA, USA, 30305
Repay Holdings Corp is engaged in providing integrated payment processing solutions to verticals that have transaction processing needs. It allows customers to pay through Mobile App, Text, Interactive Voice Response, Virtual Terminal, Hosted Payment Page and Online Customer Portal among others. It operates in two segment, Consumer Payment and Business Payments.
Executives
Thomas Eugene Sullivan officer: VP, Controller 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Tyler B Dempsey officer: General Counsel 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Naomi Barnett officer: Executive Vice President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Shaler Alias director, officer: President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michael Frank Jackson officer: Chief Operating Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Peter J Kight director 4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092
Morris John Andrew Sr. director, officer: Chief Executive Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Timothy John Murphy officer: Chief Financial Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Richard E Thornburgh director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
David M Guthrie officer: Chief Technology Officer 3280 PEACHTREE RD NW, SUITE 1000, ATLANTA GA 30305
Emnet Legesse Rios director 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Beckham Aggregator, L.p. 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Jacob Hamilton Moore officer: Executive Vice President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Jason Kirk officer: Chief Technology Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305