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Verb Technology Co (Verb Technology Co) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Verb Technology Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Verb Technology Co's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Verb Technology Co's Total Assets for the quarter that ended in Mar. 2024 was $15.63 Mil. Therefore, Verb Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Verb Technology Co's annualized ROE % for the quarter that ended in Mar. 2024 was -160.92%. It is also linked to ROA % through Du Pont Formula. Verb Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -88.15%.


Verb Technology Co Asset Turnover Historical Data

The historical data trend for Verb Technology Co'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.

Verb Technology Co Asset Turnover Chart

Verb Technology Co 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 0.62 0.33 0.31 - -

Verb Technology Co 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 - - - - -

Competitive Comparison of Verb Technology Co's Asset Turnover

For the Software - Application subindustry, Verb Technology Co'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.


Verb Technology Co's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Verb Technology Co's Asset Turnover falls into.



Verb Technology Co Asset Turnover Calculation

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

Verb Technology Co'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 )
=0.063/( (24.492+10.839)/ 2 )
=0.063/17.6655
=0.00

Verb Technology Co'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 )
=0.007/( (10.839+20.426)/ 2 )
=0.007/15.6325
=0.00

* 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.


Verb Technology Co  (NAS:VERB) Asset Turnover Explanation

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

Verb Technology Co's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-13.78/8.563
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.78 / 0.028)*(0.028 / 15.6325)*(15.6325/ 8.563)
=Net Margin %*Asset Turnover*Equity Multiplier
=-49214.29 %*0.0018*1.8256
=ROA %*Equity Multiplier
=-88.15 %*1.8256
=-160.92 %

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:

Verb Technology Co's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-13.78/15.6325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.78 / 0.028)*(0.028 / 15.6325)
=Net Margin %*Asset Turnover
=-49214.29 %*0.0018
=-88.15 %

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.


Verb Technology Co Asset Turnover Related Terms

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Verb Technology Co (Verb Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
3401 North Thanksgiving Way, Suite 240, Lehi, UT, USA, 84043
Verb Technology Co Inc leader in interactive video-based sales applications, transforms how businesses attract and engage customers. VERB's Software-as-a-Service platform, based on its proprietary interactive video technology, comprises a suite of easy-to-use, subscription-based sales enablement software products. Available in over 60 countries and in mobile and desktop versions, it includes verbLIVE an interactive livestream eCommerce, shoppable video and webinar, verbCRM a customer relationship management, verbTEAMS a self on-boarding version of verbCRM with built-in verbLIVE and salesforce synchronization for small businesses, verbLEARN a learning management system, and verbMAIL an interactive video mail solution integrated into Microsoft Outlook, among others.
Executives
Bill John Rivard officer: Interim CFO 3401 NORTH THANKSGIVING WAY,, SUITE 240, LEHI UT 84043
Edmund C. Moy director 130 ANDOVER PARK EAST SUITE 200, SEATTLE WA 98188
Salman Hassan Khan officer: Interim CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Julie Ann Holdren officer: Chief Product Officer PO BOX 48, MT VERNON VA 22121
Mitchell Duane Bledsoe officer: Chief Information Officer 25992 SERENATA DR., MISSION VIEJO CA 92691
Jeff Clayborne officer: Chief Financial Officer 2644 GREENFIELD AVENUE, LOS ANGELES CA 90064
Kenneth S Cragun director 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Judith Lynne Hammerschmidt director 3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509
Nancy R Heinen director 215 GOLDEN HILLS DRIVE, PORTOLA VALLEY CA 94028
Phillip J. Bond director 10718 OX CROFT COURT, FAIRFAX STATION VA 22039
James P Geiskopf director 901 HANCOCK AVENUE, UNIT 308, WEST HOLLYWOOD CA 90069
Rory J. Cutaia director, 10 percent owner, officer: Pres, Treas, Sec, CEO 1157 NORTH HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204
Michael Timothy Psomas director 8605 SANTA MONITA BOULEVARD, LOS ANGELAS CA 90069
Peter Krogh Jensen director 4656 HOSKINS ROAD, NORTH VANCOUVER A1 V7K 2R1
Kim Watson officer: Exec. VP Strategic Relations 1157 HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204