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Telos (TLSRP.PFD) Asset Turnover : 0.15 (As of Mar. 2024)


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What is Telos Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Telos's Revenue for the three months ended in Mar. 2024 was $29.62 Mil. Telos's Total Assets for the quarter that ended in Mar. 2024 was $202.03 Mil. Therefore, Telos's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Telos's annualized ROE % for the quarter that ended in Mar. 2024 was -18.83%. It is also linked to ROA % through Du Pont Formula. Telos's annualized ROA % for the quarter that ended in Mar. 2024 was -14.61%.


Telos Asset Turnover Historical Data

The historical data trend for Telos'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.

Telos Asset Turnover Chart

Telos 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 2.09 1.38 1.13 0.90 0.65

Telos 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 0.15 0.15 0.17 0.20 0.15

Competitive Comparison of Telos's Asset Turnover

For the Software - Infrastructure subindustry, Telos'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.


Telos's Asset Turnover Distribution in the Software Industry

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

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



Telos Asset Turnover Calculation

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

Telos'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 )
=145.378/( (237.397+208.699)/ 2 )
=145.378/223.048
=0.65

Telos'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 )
=29.619/( (208.699+195.352)/ 2 )
=29.619/202.0255
=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.


Telos  (OTCPK:TLSRP.PFD) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-29.512/156.6995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-29.512 / 118.476)*(118.476 / 202.0255)*(202.0255/ 156.6995)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.91 %*0.5864*1.2893
=ROA %*Equity Multiplier
=-14.61 %*1.2893
=-18.83 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-29.512/202.0255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-29.512 / 118.476)*(118.476 / 202.0255)
=Net Margin %*Asset Turnover
=-24.91 %*0.5864
=-14.61 %

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.


Telos Asset Turnover Related Terms

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


Telos (TLSRP.PFD) Business Description

Traded in Other Exchanges
Address
19886 Ashburn Road, Ashburn, VA, USA, 20147-2358
Telos Corp offers technologically advanced, software-based security solutions that empower and protect the world's security-conscious organizations against rapidly evolving, sophisticated and pervasive threats. Its business has two reportable and operating segments namely Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud, and identity solutions, and the Secure Networks focuses on enterprise security.
Executives
Joshua Landes 10 percent owner
Antonio J. Gracias 10 percent owner, other: Member of 10% Group C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Partners Small Cap Value Lp 10 percent owner, other: Member of 10% Group 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
William H Alderman director C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123
Timothy G Ewing 10 percent owner, other: (1)
Ewing & Partners 10 percent owner, other: (1) 5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Ewing Asset Management Llc 10 percent owner, other: (1) 5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Bernard C Bailey director