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Sabre (SABR) Asset Turnover : 0.15 (As of Dec. 2023)


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What is Sabre Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sabre's Revenue for the three months ended in Dec. 2023 was $687 Mil. Sabre's Total Assets for the quarter that ended in Dec. 2023 was $4,707 Mil. Therefore, Sabre's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Sabre's annualized ROE % for the quarter that ended in Dec. 2023 was 28.76%. It is also linked to ROA % through Du Pont Formula. Sabre's annualized ROA % for the quarter that ended in Dec. 2023 was -8.20%.


Sabre Asset Turnover Historical Data

The historical data trend for Sabre'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.

Sabre Asset Turnover Chart

Sabre Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.23 0.30 0.50 0.60

Sabre Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.15 0.15 0.15 0.15

Competitive Comparison of Sabre's Asset Turnover

For the Software - Infrastructure subindustry, Sabre'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.


Sabre's Asset Turnover Distribution in the Software Industry

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

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



Sabre Asset Turnover Calculation

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

Sabre'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 )
=2907.738/( (4962.875+4672.194)/ 2 )
=2907.738/4817.5345
=0.60

Sabre's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=687.053/( (4741.701+4672.194)/ 2 )
=687.053/4706.9475
=0.15

* 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.


Sabre  (NAS:SABR) Asset Turnover Explanation

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

Sabre's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-385.836/-1341.677
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-385.836 / 2748.212)*(2748.212 / 4706.9475)*(4706.9475/ -1341.677)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.04 %*0.5839*-3.5083
=ROA %*Equity Multiplier
=-8.20 %*-3.5083
=28.76 %

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

Sabre's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-385.836/4706.9475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-385.836 / 2748.212)*(2748.212 / 4706.9475)
=Net Margin %*Asset Turnover
=-14.04 %*0.5839
=-8.20 %

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


Sabre Asset Turnover Related Terms

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


Sabre (SABR) Business Description

Traded in Other Exchanges
Address
3150 Sabre Drive, Southlake, TX, USA, 76092
Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2022 revenue, split between distribution (70% of segment sales) and airline IT solutions (30%) revenue. The company also has a growing hotel IT solutions division (10% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.
Executives
Sean E Menke officer: Executive Vice President C/O IHS INC., 15 INVERNESS WAY EAST, ENGLEWOOD CO 80112
Joe Difonzo officer: Executive Vice President 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Gail Mandel director 22 SYLVAN WAY, PARSIPPANY NJ 07054
Michael O Randolfi officer: Executive Vice President, CFO C/O ORBITZ WORLDWIDE, 500 W. MADISON, SUITE 1000, CHICAGO IL 60661
Kurt Joseph Ekert officer: President MORRIS CORPORATE CENTER III, 400 INTERPACE PKWY, BLDG A, PARSIPPANY NJ 07054
Ann J. Bruder officer: EVP and Chief Legal Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Chadwick Ho officer: EVP and Chief Legal Officer 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Garry R Wiseman officer: EVP and Chief Product Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Shawn G Williams officer: EVP and Chief People Officer 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Cem Tanyel officer: EVP & Pres. Airline Solutions 3150 SABRE DRIVE, SOUTHLAKE TX 76092
David J Shirk officer: Executive Vice President C/O SABRE CORPORATION, 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Phyllis Newhouse director 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Wendi Christine Sturgis director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
John C Siciliano director C/O BKF CAPITAL GROUP, INC., ONE ROCKEFELLER PLAZA, NEW YORK NY 10020
Judson Wade Jones officer: Executive Vice President 3150 SABRE DRIVE, SOUTHLAKE TX 76092