Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Total System Services's Revenue for the
three
months ended in Jun. 2019 was $1,035 Mil. Total System Services's Total Assets for the quarter that ended in Jun. 2019 was $7,740 Mil. Therefore, Total System Services's Asset Turnover for the quarter that ended in Jun. 2019 was 0.13.
Asset Turnover is linked to ROE % through Du Pont Formula. Total System Services's annualizedROE % for the quarter that ended in Jun. 2019 was 26.86%. It is also linked to ROA % through Du Pont Formula. Total System Services's annualizedROA % for the quarter that ended in Jun. 2019 was 8.41%.
Total System Services Asset Turnover Historical Data
The historical data trend for Total System 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.
Competitive Comparison of Total System Services's Asset Turnover
For the Software - Infrastructure subindustry, Total System 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.
Total System Services's Asset Turnover Distribution in the Software Industry
For the Software industry and Technology sector, Total System Services's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Total System Services's Asset Turnover falls into.
Total System Services Asset Turnover Calculation
Asset Turnover measures how quickly a company turns over its asset through sales.
Total System Services's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as
* 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.
Total System Services (NYSE:TSS) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Total System Services's annulizedROE % for the quarter that ended in Jun. 2019 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:
Total System Services's annulizedROA % for the quarter that ended in Jun. 2019 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.
Total System Services Asset Turnover Related Terms
Thank you for viewing the detailed overview of Total System Services's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Total System Services (Total System Services) Business Description
Total System Services Inc based in Columbus, Georgia, provides payment-processing services in the U.S. and abroad. In 2013 TSYS provided processing services for 28% of domestic consumer credit card accounts and 59% of domestic commercial credit card accounts. The company has operating segments in North America Services, International Services, and Merchant Services, plus the newer NetSpend segment, which deals in prepaid debit and payroll cards and arrived via a 2013 acquisition.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSS has been successfully added to your 