Direct Asset Turnover from 2010 to 2024

DRCT Stock

USD 1.29 0.10 8.40%

Direct Digital Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Direct Digital Holdings uses its assets to generate sales. View All Fundamentals

Asset Turnover

First Reported

2010-12-31

Previous Quarter

2.22308694

Current Value

2.33

Quarterly Volatility

0.43144211

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Yuan Drop

Covid

Check Direct Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direct Digital's main balance sheet or income statement drivers, such as Tax Provision of 596.4 K, Depreciation And Amortization of 1.5 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0384 or PTB Ratio of 85.98. Direct financial statements analysis is a perfect complement when working with Direct Digital Valuation or Volatility modules.

Check out the analysis of Direct Digital Correlation against competitors.

Latest Direct Digital's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Direct Digital Holdings over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Direct Digital's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Direct Digital's overall financial position and show how it may be relating to other accounts over time.

Asset Turnover

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Asset Turnover

Timeline

Direct Asset Turnover Regression Statistics

	Arithmetic Mean	1.49
	Geometric Mean	1.41
	Coefficient Of Variation	28.87
	Mean Deviation	0.22
	Median	1.48
	Standard Deviation	0.43
	Sample Variance	0.19
	Range	1.9235
	R-Value	0.21
	Mean Square Error	0.19
	R-Squared	0.05
	Significance	0.45
	Slope	0.02
	Total Sum of Squares	2.61

Direct Asset Turnover History

	2024	2.33
	2023	2.22
	2022	1.55
	2021	1.06
	2020	0.41

Other Fundumenentals of Direct Digital Holdings

Fixed Asset Turnover

Direct Digital Asset Turnover component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Deferred Long Term Liab	Short Long Term Debt	Short Term Debt	Intangible Assets	Long Term Debt Total	Capital Surpluse	Property Plant Equipment
Total Assets		0.91	-0.79	0.66	0.99	-0.9	0.87	0.99	0.9	0.93	1.0	0.99	0.91	0.27	0.94	0.27	0.87	-0.62	-0.58	-0.9	-0.56	-0.56	-0.56
Total Stockholder Equity	0.91		-0.77	0.48	0.89	-0.77	0.75	0.86	0.78	0.89	0.89	0.9	0.78	0.28	0.82	0.28	0.64	-0.53	-0.47	-0.74	-0.43	-0.43	-0.43
Net Tangible Assets	-0.79	-0.77		-0.85	-0.84	0.85	-0.51	-0.83	-0.56	-0.96	-0.79	-0.85	-0.6	-0.78	-0.84	-0.78	-0.52	0.7	0.69	0.57	0.33	0.33	0.33
Current Deferred Revenue	0.66	0.48	-0.85		0.73	-0.9	0.46	0.76	0.48	0.79	0.67	0.73	0.54	0.66	0.85	0.66	0.5	-0.89	-0.91	-0.55	-0.29	-0.29	-0.29
Net Debt	0.99	0.89	-0.84	0.73		-0.93	0.85	1.0	0.87	0.96	0.99	1.0	0.89	0.35	0.96	0.35	0.85	-0.67	-0.64	-0.89	-0.55	-0.55	-0.55
Retained Earnings	-0.9	-0.77	0.85	-0.9	-0.93		-0.75	-0.94	-0.77	-0.92	-0.9	-0.93	-0.81	-0.42	-0.99	-0.42	-0.72	0.89	0.87	0.82	0.47	0.47	0.47
Accounts Payable	0.87	0.75	-0.51	0.46	0.85	-0.75		0.85	1.0	0.73	0.88	0.84	0.99	-0.11	0.77	-0.11	0.93	-0.54	-0.4	-0.99	-0.85	-0.85	-0.85
Long Term Debt	0.99	0.86	-0.83	0.76	1.0	-0.94	0.85		0.87	0.94	0.99	0.99	0.89	0.34	0.97	0.34	0.87	-0.7	-0.66	-0.89	-0.55	-0.55	-0.55
Net Receivables	0.9	0.78	-0.56	0.48	0.87	-0.77	1.0	0.87		0.77	0.9	0.86	1.0	-0.05	0.79	-0.05	0.93	-0.55	-0.41	-0.99	-0.84	-0.84	-0.84
Good Will	0.93	0.89	-0.96	0.79	0.96	-0.92	0.73	0.94	0.77		0.93	0.96	0.8	0.57	0.93	0.57	0.71	-0.71	-0.67	-0.77	-0.5	-0.5	-0.5
Total Liab	1.0	0.89	-0.79	0.67	0.99	-0.9	0.88	0.99	0.9	0.93		0.99	0.91	0.27	0.94	0.27	0.88	-0.63	-0.59	-0.91	-0.57	-0.57	-0.57
Net Invested Capital	0.99	0.9	-0.85	0.73	1.0	-0.93	0.84	0.99	0.86	0.96	0.99		0.89	0.36	0.96	0.36	0.83	-0.69	-0.65	-0.88	-0.54	-0.54	-0.54
Total Current Assets	0.91	0.78	-0.6	0.54	0.89	-0.81	0.99	0.89	1.0	0.8	0.91	0.89		0.0	0.82	0.0	0.93	-0.59	-0.46	-1.0	-0.83	-0.83	-0.83
Capital Stock	0.27	0.28	-0.78	0.66	0.35	-0.42	-0.11	0.34	-0.05	0.57	0.27	0.36	0.0		0.38	1.0	0.0	-0.37	-0.45	0.03	0.14	0.14	0.14
Net Working Capital	0.94	0.82	-0.84	0.85	0.96	-0.99	0.77	0.97	0.79	0.93	0.94	0.96	0.82	0.38		0.38	0.74	-0.84	-0.83	-0.83	-0.44	-0.44	-0.44
Common Stock	0.27	0.28	-0.78	0.66	0.35	-0.42	-0.11	0.34	-0.05	0.57	0.27	0.36	0.0	1.0	0.38		0.0	-0.37	-0.45	0.03	0.14	0.14	0.14
Deferred Long Term Liab	0.87	0.64	-0.52	0.5	0.85	-0.72	0.93	0.87	0.93	0.71	0.88	0.83	0.93	0.0	0.74	0.0		-0.41	-0.33	-0.94	-0.77	-0.77	-0.77
Short Long Term Debt	-0.62	-0.53	0.7	-0.89	-0.67	0.89	-0.54	-0.7	-0.55	-0.71	-0.63	-0.69	-0.59	-0.37	-0.84	-0.37	-0.41		0.97	0.61	0.32	0.32	0.32
Short Term Debt	-0.58	-0.47	0.69	-0.91	-0.64	0.87	-0.4	-0.66	-0.41	-0.67	-0.59	-0.65	-0.46	-0.45	-0.83	-0.45	-0.33	0.97		0.49	0.12	0.12	0.12
Intangible Assets	-0.9	-0.74	0.57	-0.55	-0.89	0.82	-0.99	-0.89	-0.99	-0.77	-0.91	-0.88	-1.0	0.03	-0.83	0.03	-0.94	0.61	0.49		0.82	0.82	0.82
Long Term Debt Total	-0.56	-0.43	0.33	-0.29	-0.55	0.47	-0.85	-0.55	-0.84	-0.5	-0.57	-0.54	-0.83	0.14	-0.44	0.14	-0.77	0.32	0.12	0.82		1.0	1.0
Capital Surpluse	-0.56	-0.43	0.33	-0.29	-0.55	0.47	-0.85	-0.55	-0.84	-0.5	-0.57	-0.54	-0.83	0.14	-0.44	0.14	-0.77	0.32	0.12	0.82	1.0		1.0
Property Plant Equipment	-0.56	-0.43	0.33	-0.29	-0.55	0.47	-0.85	-0.55	-0.84	-0.5	-0.57	-0.54	-0.83	0.14	-0.44	0.14	-0.77	0.32	0.12	0.82	1.0	1.0

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About Direct Digital Financial Statements

Direct Digital shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Direct Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Direct Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Direct Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Fixed Asset Turnover	113.27	69.23
Asset Turnover	2.22	2.33

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Direct Asset Turnover from 2010 to 2024

Latest Direct Digital's Asset Turnover Growth Pattern

Direct Asset Turnover Regression Statistics

Direct Asset Turnover History

Other Fundumenentals of Direct Digital Holdings

Direct Digital Asset Turnover component correlations

About Direct Digital Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Direct Stock Analysis

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