GURUFOCUS.COM » STOCK LIST » Technology » Software » PubMatic Inc (NAS:PUBM) » Definitions » Asset Turnover

PubMatic (PubMatic) Asset Turnover : 0.10 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is PubMatic Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PubMatic's Revenue for the three months ended in Mar. 2024 was $66.7 Mil. PubMatic's Total Assets for the quarter that ended in Mar. 2024 was $660.7 Mil. Therefore, PubMatic's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. PubMatic's annualized ROE % for the quarter that ended in Mar. 2024 was -3.36%. It is also linked to ROA % through Du Pont Formula. PubMatic's annualized ROA % for the quarter that ended in Mar. 2024 was -1.49%.


PubMatic Asset Turnover Historical Data

The historical data trend for PubMatic'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.

PubMatic Asset Turnover Chart

PubMatic Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.59 0.51 0.49 0.43 0.40

PubMatic Quarterly Data
Dec18 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 0.09 0.11 0.11 0.13 0.10

Competitive Comparison of PubMatic's Asset Turnover

For the Software - Application subindustry, PubMatic'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.


PubMatic's Asset Turnover Distribution in the Software Industry

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

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



PubMatic Asset Turnover Calculation

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

PubMatic'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 )
=267.014/( (642.175+695.243)/ 2 )
=267.014/668.709
=0.40

PubMatic'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 )
=66.701/( (695.243+626.19)/ 2 )
=66.701/660.7165
=0.10

* 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.


PubMatic  (NAS:PUBM) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-9.816/292.4645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.816 / 266.804)*(266.804 / 660.7165)*(660.7165/ 292.4645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.68 %*0.4038*2.2591
=ROA %*Equity Multiplier
=-1.49 %*2.2591
=-3.36 %

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:

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

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-9.816/660.7165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9.816 / 266.804)*(266.804 / 660.7165)
=Net Margin %*Asset Turnover
=-3.68 %*0.4038
=-1.49 %

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.


PubMatic Asset Turnover Related Terms

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


PubMatic (PubMatic) Business Description

Traded in Other Exchanges
N/A
Address
601 Marshall Street, Redwood City, CA, USA, 94063
PubMatic is one of the leading supply-side platform providers in the digital advertising technology market. These platforms help publishers, which supply digital ad inventory, better manage their inventory, selling a high percentage of their inventory (increase the ad fill rate) and maximizing revenue per ad sold (optimize yield). PubMatic generates revenue mainly via taking a piece of the ad sales that it enables. Buyers on the platform include intermediary buyers, such as demand-side platforms, or advertisers and ad agencies directly. Given the growth in overall digital advertising, more publishers and advertisers are adopting programmatic (or automated) buying and selling, driving the firm's success in attracting more inventory.
Executives
Paulina Klimenko officer: Chief Growth Officer C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94065
Rajeev K. Goel director, 10 percent owner, officer: Chief Executive Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Steven Pantelick officer: Chief Financial Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Andrew Woods officer: General Counsel & Secretary C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Amar K. Goel director, 10 percent owner, officer: Chairman, Chief Growth Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Mukul Kumar officer: President, Engineering C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Nikhil Ramesh Mehta director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Anton Hanebrink director C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Lisa Gimbel officer: Chief Accounting Officer C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY CA 94063
Van Der Zweep Michael officer: Controller C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeffrey K. Hirsch officer: Chief Commercial Officer C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Susan Daimler director C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Thomas C. Chow officer: General Counsel and Secretary C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Shelagh Glaser director ZENDESK, INC., 989 MARKET STREET, SAN FRANCISCO CA 94103
Yakov (jacob) Shulman director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085