GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CEB Inc (NYSE:CEB) » Definitions » Asset Turnover

CEB (CEB) Asset Turnover : 0.18 (As of Dec. 2016)


View and export this data going back to 1999. Start your Free Trial

What is CEB Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CEB's Revenue for the three months ended in Dec. 2016 was $254.1 Mil. CEB's Total Assets for the quarter that ended in Dec. 2016 was $1,440.0 Mil. Therefore, CEB's Asset Turnover for the quarter that ended in Dec. 2016 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. CEB's annualized ROE % for the quarter that ended in Dec. 2016 was 167.11%. It is also linked to ROA % through Du Pont Formula. CEB's annualized ROA % for the quarter that ended in Dec. 2016 was -15.13%.


CEB Asset Turnover Historical Data

The historical data trend for CEB'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.

CEB Asset Turnover Chart

CEB Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.61 0.67 0.69 0.69

CEB Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.19 0.17 0.17 0.15 0.18

Competitive Comparison of CEB's Asset Turnover

For the Specialty Business Services subindustry, CEB'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.


CEB's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CEB's Asset Turnover distribution charts can be found below:

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



CEB Asset Turnover Calculation

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

CEB's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=949.794/( (1338.552+1412.592)/ 2 )
=949.794/1375.572
=0.69

CEB's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=254.149/( (1467.419+1412.592)/ 2 )
=254.149/1440.0055
=0.18

* 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.


CEB  (NYSE:CEB) Asset Turnover Explanation

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

CEB's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-217.82/-130.349
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-217.82 / 1016.596)*(1016.596 / 1440.0055)*(1440.0055/ -130.349)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21.43 %*0.706*-11.0473
=ROA %*Equity Multiplier
=-15.13 %*-11.0473
=167.11 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

CEB's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=-217.82/1440.0055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-217.82 / 1016.596)*(1016.596 / 1440.0055)
=Net Margin %*Asset Turnover
=-21.43 %*0.706
=-15.13 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


CEB Asset Turnover Related Terms

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


CEB (CEB) Business Description

Traded in Other Exchanges
N/A
Address
CEB is a provider of talent assessment and management services. The company operates two business segments: CEB and CEB Talent Assessment. CEB provides data analysis, research, and advisory services for executives in the areas of human resources, legal, risk, compliance, finance, information technology, innovation and strategy, marketing and communications, procurement and operations, and sales and services. The CEB Talent Assessment segment offers cloud-based solutions for talent assessment, development, strategy, analytics, and decision support to assess and manage employees and applicants. The largest end market is the United States.
Executives
Gordon Coburn director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
L Kevin Cox director THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Melody L Jones officer: Chief Administrative Officer T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Gregor Bailar director CAPITALONE FINANCIAL CORP, 2980 FAIRVIEW PARK DR, FALLS CHURCH VA 22042
Daniel O Leemon director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Richard S Lindahl officer: Chief Financial Officer NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191
Thomas L Monahan director, officer: Chief Executive Officer 2000 PENNSYLVANIA AVE NW, WASHINGTON DC 20006
Nancy J Karch other: Former Director 162 HORIZON LANE, BEDFORD NY 10506
David W Kenny director VIVAKI, 33 ARCH STREET, BOSTON MA 02110
Glenn Tobin officer: General Manager CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James J Mcgonigle director 45 GLOVER AVENUE, NORWALK CT 06850
Russell P Fradin director C/O CONCUR TECHNOLOGIES, 6222 185TH AVENUE NE, REDMOND WA 98052

CEB (CEB) Headlines

From GuruFocus

Lessons We Have Learned

By Thomas Macpherson tmacpherson1966 11-30-2014

Meridian Funds Comments on CEB Inc.

By Holly LaFon Holly LaFon 05-18-2017

Meridian Growth Fund 1Q 2017 Commentary

By Holly LaFon Holly LaFon 05-18-2017