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Vimeo (VMEO) Asset Turnover : 0.17 (As of Dec. 2023)


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What is Vimeo Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vimeo's Revenue for the three months ended in Dec. 2023 was $105.5 Mil. Vimeo's Total Assets for the quarter that ended in Dec. 2023 was $616.3 Mil. Therefore, Vimeo's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Vimeo's annualized ROE % for the quarter that ended in Dec. 2023 was 8.97%. It is also linked to ROA % through Du Pont Formula. Vimeo's annualized ROA % for the quarter that ended in Dec. 2023 was 5.45%.


Vimeo Asset Turnover Historical Data

The historical data trend for Vimeo'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.

Vimeo Asset Turnover Chart

Vimeo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.72 0.88 0.77 0.69 0.68

Vimeo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.18 0.17 0.17 0.18 0.17

Competitive Comparison of Vimeo's Asset Turnover

For the Software - Application subindustry, Vimeo'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.


Vimeo's Asset Turnover Distribution in the Software Industry

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

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



Vimeo Asset Turnover Calculation

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

Vimeo'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 )
=417.214/( (605.431+622.92)/ 2 )
=417.214/614.1755
=0.68

Vimeo's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=105.544/( (609.678+622.92)/ 2 )
=105.544/616.299
=0.17

* 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.


Vimeo  (NAS:VMEO) Asset Turnover Explanation

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

Vimeo's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=33.58/374.476
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.58 / 422.176)*(422.176 / 616.299)*(616.299/ 374.476)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.95 %*0.685*1.6458
=ROA %*Equity Multiplier
=5.45 %*1.6458
=8.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Vimeo's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=33.58/616.299
=(Net Income / Revenue)*(Revenue / Total Assets)
=(33.58 / 422.176)*(422.176 / 616.299)
=Net Margin %*Asset Turnover
=7.95 %*0.685
=5.45 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Vimeo Asset Turnover Related Terms

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


Vimeo (VMEO) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, 5th Floor, New York, NY, USA, 10001
Vimeo Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company's comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform. The company derives its revenue from SaaS subscription fees paid by customers for subscription plans.
Executives
Furstenberg Alexander Von director C/O ARROW INVESTMENTS, 555 WEST 18TH STREET, NEW YORK NY 10011
Eric Cox officer: Chief Operating Officer C/O VIMEO, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Gillian Munson officer: Chief Financial Officer C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Jay Herratti director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Thrive Partners Vi Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC, 295 LAFAYETTE STREET, NEW YORK NY 10012
George C Wolfe director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Michael A Cheah officer: General Counsel & Secretary C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Narayan Menon officer: Chief Financial Officer C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Shelton Jackson Lee director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Nabil Mallick director C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR, NEW YORK NY 10001
Adam Gross director C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR, NEW YORK NY 10001
Mark Kornfilt officer: President & CPO C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Thrive Capital Partners Vi, L.p. director 295 LAFAYETTE STREET, NEW YORK NY 10012
Thrive Partners V Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC, 295 LAFAYETTE STREET, NEW YORK NY 10012
Joshua Kushner director C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013