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Fathom Holdings (Fathom Holdings) Asset Turnover : 0.90 (As of Mar. 2024)


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What is Fathom Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fathom Holdings's Revenue for the three months ended in Mar. 2024 was $70.5 Mil. Fathom Holdings's Total Assets for the quarter that ended in Mar. 2024 was $78.8 Mil. Therefore, Fathom Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.90.

Asset Turnover is linked to ROE % through Du Pont Formula. Fathom Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -44.25%. It is also linked to ROA % through Du Pont Formula. Fathom Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -30.10%.


Fathom Holdings Asset Turnover Historical Data

The historical data trend for Fathom Holdings'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.

Fathom Holdings Asset Turnover Chart

Fathom Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 35.17 9.38 4.71 4.46 4.33

Fathom Holdings 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 0.98 1.23 1.15 0.94 0.90

Competitive Comparison of Fathom Holdings's Asset Turnover

For the Real Estate Services subindustry, Fathom Holdings'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.


Fathom Holdings's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fathom Holdings's Asset Turnover distribution charts can be found below:

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



Fathom Holdings Asset Turnover Calculation

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

Fathom Holdings'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 )
=345.226/( (80.187+79.258)/ 2 )
=345.226/79.7225
=4.33

Fathom Holdings'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 )
=70.503/( (79.258+78.248)/ 2 )
=70.503/78.753
=0.90

* 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.


Fathom Holdings  (NAS:FTHM) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-23.708/53.5825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.708 / 282.012)*(282.012 / 78.753)*(78.753/ 53.5825)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.41 %*3.581*1.4698
=ROA %*Equity Multiplier
=-30.10 %*1.4698
=-44.25 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-23.708/78.753
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.708 / 282.012)*(282.012 / 78.753)
=Net Margin %*Asset Turnover
=-8.41 %*3.581
=-30.10 %

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.


Fathom Holdings Asset Turnover Related Terms

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


Fathom Holdings (Fathom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Regency Parkway Drive, Suite 300, Cary, NC, USA, 27518
Fathom Holdings Inc is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and Software as a Service offerings to brokerages and agents by leveraging our proprietary cloud-based software, intelliAgent. The company has three reportable segments namely Real Estate Brokerage; Mortgage; and Technology.
Executives
Stephen H. Murray director C/O FATHOM HOLDINGS INC., 2000 REGENCY PARKWAY DRIVE, SUITE 300, CARY NC 27518
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Joshua Harley director, officer: Chief Executive Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jennifer B. Venable director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, RALEIGH NC 27511
Ravila Gupta director 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Glenn A. Sampson director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Marco Fregenal director, officer: Chief Financial Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Samantha Giuggio officer: Chief Broker Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Christopher D. Bennett director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jeffrey H Coats director C/O AUTOBYTEL INC., 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
David C. Hood director C/O GUNDERSON DETTMER, ONE MARINA PARK DRIVE, SUITE 900, BOSTON MA 02210