Benefitfocus Inc Asset Turnover Ratio (BNFT), as of third quarter 2022, current and historic results, rankings and more - CSIMarket
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Benefitfocus Inc   (NASDAQ: BNFT)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Benefitfocus Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Benefitfocus Inc 's asset turnover ratio, the ratio that measures the ability of Benefitfocus Inc 's assets to generate revenue, sequentially decreased to 1.32 in the third quarter (Sep 30 2022), but it does not raise any concerns as Benefitfocus Inc continue to execute well, and the asset turnover ratio remains above the average.

Within sector 27 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2022 compared to the preceding quarter from 1049 to 1054.

Asset Turnover Ratio Definition



BNFT Asset Turnover Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Asset Change -1.63 % -33.45 % -34.15 % -31.29 % -34.39 %
Y / Y Revenue Change -9.41 % -7.09 % -5.9 % -1.48 % -2.45 %
Asset Turnover Ratio (TTM) 1.32 1.34 1.21 1.1 1.01
BNFT's Total Ranking # 1054 # 1049 # 1166 # 1364 # 1359
Seq. Asset Change -4.62 % -0.27 % -3.32 % 6.98 % -35.48 %
Seq. Revenue Change -0.7 % -7.58 % -18.48 % 21.08 % 1.84 %



Asset Turnover Ratio Company Ranking
Within: No.
Software & Programming Industry # 28
Technology Sector # 136
Overall Market # 1054

Asset Turnover Ratio Statistics
High Average Low
1.51 1.08 0.74
(Dec 31 2017)   (Mar 31 2021)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2022, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2022 Assets at quarter ending Sep 30 2022
Gemaxel Inc formerly Known As Worlds Inc   3.42 $ 1.012  Millions$ 0.296  Millions
Microcloud Hologram Inc   3.03 $ 24.243  Millions$ 7.993  Millions
Everquote Inc   2.62 $ 417.886  Millions$ 159.738  Millions
Datasea Inc  2.41 $ 17.574  Millions$ 7.288  Millions
Qxo Inc   2.30 $ 43.062  Millions$ 18.737  Millions
Vizio Holding Corp   2.20 $ 1,958.271  Millions$ 890.250  Millions
Skkynet Cloud Systems Inc   2.15 $ 2.157  Millions$ 1.002  Millions
Birchtech Corp   2.15 $ 18.651  Millions$ 8.672  Millions
Fingermotion Inc   2.14 $ 21.382  Millions$ 9.994  Millions
Veritec Inc   2.13 $ 0.338  Millions$ 0.159  Millions
Algorhythm Holdings Inc   2.09 $ 52.883  Millions$ 25.292  Millions
Super Micro Computer Inc   2.04 $ 6,015.499  Millions$ 2,954.875  Millions
Ubiquiti Inc   2.02 $ 1,730.861  Millions$ 858.156  Millions
Computer Task Group Incorporated  2.00 $ 359.567  Millions$ 179.450  Millions
Nerdwallet Inc   1.97 $ 772.431  Millions$ 392.875  Millions
Netlist Inc  1.96 $ 174.637  Millions$ 89.081  Millions
Freeze Tag Inc   1.95 $ 2.125  Millions$ 1.088  Millions
Nortech Systems Incorporated  1.89 $ 131.967  Millions$ 69.902  Millions
Quantum Corp  1.87 $ 386.759  Millions$ 206.978  Millions
Healthcare Triangle Inc   1.86 $ 43.782  Millions$ 23.533  Millions
Decisionpoint Systems Inc   1.85 $ 89.423  Millions$ 48.420  Millions
Andrea Electronics Corporation  1.85 $ 2.108  Millions$ 1.142  Millions
Jabil Inc  1.84 $ 33,478.000  Millions$ 18,226.500  Millions
Ooma Inc   1.80 $ 210.158  Millions$ 116.992  Millions
Cargurus Inc   1.77 $ 1,707.633  Millions$ 967.485  Millions
Upay Inc   1.76 $ 1.462  Millions$ 0.829  Millions
Global Arena Holding Inc   1.76 $ 1.008  Millions$ 0.573  Millions
Optical Cable Corporation  1.73 $ 69.079  Millions$ 39.815  Millions
Sanmina Corporation  1.72 $ 7,912.779  Millions$ 4,608.959  Millions
Avid Technology Inc   1.68 $ 420.378  Millions$ 250.941  Millions



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