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Donnelley Financial Solutions (Donnelley Financial Solutions) Asset Turnover : 0.24 (As of Mar. 2024)


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What is Donnelley Financial Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Donnelley Financial Solutions's Revenue for the three months ended in Mar. 2024 was $203.4 Mil. Donnelley Financial Solutions's Total Assets for the quarter that ended in Mar. 2024 was $837.4 Mil. Therefore, Donnelley Financial Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Donnelley Financial Solutions's annualized ROE % for the quarter that ended in Mar. 2024 was 32.84%. It is also linked to ROA % through Du Pont Formula. Donnelley Financial Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 15.91%.


Donnelley Financial Solutions Asset Turnover Historical Data

The historical data trend for Donnelley Financial Solutions'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.

Donnelley Financial Solutions Asset Turnover Chart

Donnelley Financial Solutions 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 1.00 1.02 1.14 0.97 0.98

Donnelley Financial Solutions 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 0.23 0.27 0.21 0.21 0.24

Competitive Comparison of Donnelley Financial Solutions's Asset Turnover

For the Capital Markets subindustry, Donnelley Financial Solutions'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.


Donnelley Financial Solutions's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Donnelley Financial Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Donnelley Financial Solutions's Asset Turnover falls into.



Donnelley Financial Solutions Asset Turnover Calculation

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

Donnelley Financial Solutions'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 )
=797.2/( (828.3+806.9)/ 2 )
=797.2/817.6
=0.98

Donnelley Financial Solutions'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 )
=203.4/( (806.9+867.8)/ 2 )
=203.4/837.35
=0.24

* 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.


Donnelley Financial Solutions  (NYSE:DFIN) Asset Turnover Explanation

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

Donnelley Financial Solutions's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=133.2/405.55
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(133.2 / 813.6)*(813.6 / 837.35)*(837.35/ 405.55)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.37 %*0.9716*2.0647
=ROA %*Equity Multiplier
=15.91 %*2.0647
=32.84 %

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:

Donnelley Financial Solutions's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=133.2/837.35
=(Net Income / Revenue)*(Revenue / Total Assets)
=(133.2 / 813.6)*(813.6 / 837.35)
=Net Margin %*Asset Turnover
=16.37 %*0.9716
=15.91 %

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.


Donnelley Financial Solutions Asset Turnover Related Terms

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Donnelley Financial Solutions (Donnelley Financial Solutions) Business Description

Traded in Other Exchanges
Address
35 West Wacker Drive, Chicago, IL, USA, 60601
Donnelley Financial Solutions Inc is a global risk and compliance solutions company. The company provides regulatory filing and deal solutions via its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms. The company operates in four segments: Capital Markets - Software Solutions, Capital Markets - Compliance and Communications Management, Investment Companies - Software Solutions and Investment Companies - Compliance and Communications Management. Its geographical segments are the United States( US), Europe, Asia, Canada, and others, of which the US accounts for the vast majority of its total revenue.
Executives
Jeffrey Jacobowitz director, 10 percent owner C/O ROBOTTI & COMPANY, 52 VANDERBILT AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kami Turner officer: See Remarks C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Eric J Johnson officer: President, GIC C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Daniel Leib director, officer: Chief Executive Officer C/O RR DONNELLEY & SONS COMPANY, 111 SOUTH WACKER DRIVE, CHICAGO IL 60606
Simcoe Capital Management, Llc 10 percent owner 540 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Craig Clay officer: President, GCM C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Leah Marie Trzcinski officer: General Counsel C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W WACKER DRIVE, CHICAGO IL 60601
Robert Kirk Williams officer: Chief People & Admin Officer C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W WACKER DRIVE, CHICAGO IL 60601
Jennifer B Reiners officer: General Counsel C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Juliet S Ellis director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Chandar Pattabhiram director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR., CHICAGO IL 60601
David A Gardella officer: Chief Financial Officer C/O DONNELLEY FINANCIAL SOLUTIONS, 35 W. WACKER DR, CHICAGO IL 60601
Gary G Greenfield director AVID, 75 NETWORK DRIVE, BURLINGTON MA 01803
Richard L Crandall director 800 DELAWARE AVE, COMPUTER TASK GROUP INC, BUFFALO NY 14209
Lois M Martin director PO BOX 1101, ADC TELCOMMUNICATIONS INC, MINNEAPOLIS MN 55440-1104