Stock Analysis on Net
Stock Analysis on Net

Fiserv Inc. (NASDAQ:FISV)

This company has been moved to the archive! The financial data has not been updated since April 28, 2022.

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Fiserv Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Revenue1 ÷ Total assets1
Dec 31, 2021 0.21 = 16,226 ÷ 76,249
Dec 31, 2020 0.20 = 14,852 ÷ 74,619
Dec 31, 2019 0.13 = 10,187 ÷ 77,539
Dec 31, 2018 0.52 = 5,823 ÷ 11,262
Dec 31, 2017 0.55 = 5,696 ÷ 10,289
Dec 31, 2016 0.57 = 5,505 ÷ 9,743
Dec 31, 2015 0.56 = 5,254 ÷ 9,340
Dec 31, 2014 0.54 = 5,066 ÷ 9,337
Dec 31, 2013 0.51 = 4,814 ÷ 9,513
Dec 31, 2012 0.53 = 4,482 ÷ 8,497
Dec 31, 2011 0.51 = 4,337 ÷ 8,548
Dec 31, 2010 0.50 = 4,133 ÷ 8,281
Dec 31, 2009 0.49 = 4,077 ÷ 8,378
Dec 31, 2008 0.51 = 4,739 ÷ 9,331
Dec 31, 2007 0.33 = 3,922 ÷ 11,846
Dec 31, 2006 0.73 = 4,544 ÷ 6,208
Dec 31, 2005 0.67 = 4,059 ÷ 6,040

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

The total asset turnover ratio exhibits two distinct operational phases between 2005 and 2021, characterized by a period of relative stability followed by a significant structural shift in the asset base.

Operational Stability Period (2005–2018)
During this interval, the total asset turnover ratio generally fluctuated between 0.49 and 0.73. A notable volatility occurred in 2007, where the ratio dropped to 0.33 corresponding with a sharp increase in total assets from 6,208 million to 11,846 million. Following this event, the ratio stabilized, maintaining a consistent range between 0.50 and 0.57 from 2009 through 2017. This suggests a proportional relationship between revenue growth and asset accumulation during this timeframe.
Structural Asset Expansion (2019–2021)
A fundamental change in the financial structure is observed in 2019, marked by a substantial increase in total assets from 11,262 million in 2018 to 77,539 million in 2019. Although revenue grew significantly from 5,823 million to 10,187 million in the same year, the growth in the asset base far outpaced revenue gains. This resulted in a sharp decline in the total asset turnover ratio to its lowest point of 0.13.
Recent Efficiency Trends (2020–2021)
Following the asset surge of 2019, a gradual recovery in asset utilization efficiency is evident. The total asset turnover ratio rose from 0.13 in 2019 to 0.20 in 2020 and further to 0.21 by 2021. This upward trend is driven by continued revenue expansion, reaching 16,226 million by December 31, 2021, while the total asset base remained relatively constant around 76,000 million.

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Comparison to Competitors

Fiserv Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Fiserv Inc. Accenture PLC Adobe Inc. AppLovin Corp. Cadence Design Systems Inc. Datadog Inc. International Business Machines Corp. Intuit Inc. Microsoft Corp. Oracle Corp. Palantir Technologies Inc. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc. Workday Inc.
Dec 31, 2021 0.21 1.17 0.58 0.45 0.68 0.43 0.43 0.62 0.50 0.31 0.47 0.42 0.32 0.55 0.48 0.50
Dec 31, 2020 0.20 1.20 0.53 — 0.68 0.32 0.47 0.70 0.47 0.34 0.41 0.38 0.31 0.52 0.46 0.53
Dec 31, 2019 0.13 1.45 0.54 — 0.70 0.35 0.51 1.08 0.44 0.36 — 0.44 0.43 0.57 0.52 0.51
Dec 31, 2018 0.52 1.70 0.48 — 0.87 — 0.65 1.15 0.43 0.29 — 0.39 0.50 0.67 0.51 0.43
Dec 31, 2017 0.55 1.62 0.50 — 0.80 — 0.63 1.27 0.37 0.28 — 0.51 0.48 0.57 0.50 0.50
Dec 31, 2016 0.57 1.69 0.46 — 0.87 — 0.68 1.10 0.44 0.33 — 0.50 0.52 0.68 0.46 0.43
Dec 31, 2015 0.56 1.80 0.41 — 0.72 — 0.74 0.84 0.53 0.34 — 0.47 0.50 0.56 0.44 0.33
Dec 31, 2014 0.54 1.78 0.38 — 0.49 — 0.79 0.87 0.50 0.42 — 0.40 0.44 0.48 0.43 0.22
Dec 31, 2013 0.51 1.80 0.39 — 0.60 — 0.79 0.76 0.55 0.45 — 0.68 0.55 0.36 0.45 0.29
Dec 31, 2012 0.53 1.79 0.44 — 0.58 — 0.88 0.89 0.61 0.47 — 0.63 0.54 0.51 0.42 —
Dec 31, 2011 0.51 1.74 0.47 — 0.65 — 0.92 0.75 0.64 0.48 — — 0.54 — 0.46 —
Dec 31, 2010 0.50 1.80 0.47 — 0.54 — 0.88 0.66 0.73 0.44 — — 0.53 — 0.42 —
Dec 31, 2009 0.49 1.89 0.40 — 0.60 — 0.88 0.66 0.75 0.49 — — 0.73 — 0.46 —
Dec 31, 2008 0.51 2.04 0.61 — 0.62 — 0.95 0.66 0.83 0.47 — — 0.69 — 0.49 —
Dec 31, 2007 0.33 2.00 0.55 — 0.42 — 0.82 0.63 0.81 0.52 — — 0.75 — 0.46 —
Dec 31, 2006 0.73 1.94 0.43 — 0.43 — 0.89 0.85 0.64 0.50 — — 0.71 — 0.51 —
Dec 31, 2005 0.67 1.91 0.81 — 0.39 — 0.86 0.75 0.56 0.57 — — 0.63 — 0.46 —

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Software & Services)

Fiserv Inc., total asset turnover, long-term trends, comparison to sector (software & services)

Microsoft Excel
Fiserv Inc. Software & Services
Dec 31, 2021 0.21 0.49
Dec 31, 2020 0.20 0.48
Dec 31, 2019 0.13 0.50
Dec 31, 2018 0.52 0.51
Dec 31, 2017 0.55 0.47
Dec 31, 2016 0.57 0.54
Dec 31, 2015 0.56 0.59
Dec 31, 2014 0.54 0.61
Dec 31, 2013 0.51 0.66
Dec 31, 2012 0.53 0.72
Dec 31, 2011 0.51 0.75
Dec 31, 2010 0.50 0.76
Dec 31, 2009 0.49 0.79
Dec 31, 2008 0.51 0.86
Dec 31, 2007 0.33 0.81
Dec 31, 2006 0.73 0.78
Dec 31, 2005 0.67 0.77

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Information Technology)

Fiserv Inc., total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel
Fiserv Inc. Information Technology
Dec 31, 2021 0.21 0.62
Dec 31, 2020 0.20 0.58
Dec 31, 2019 0.13 0.59
Dec 31, 2018 0.52 0.59
Dec 31, 2017 0.55 0.51
Dec 31, 2016 0.57 0.55
Dec 31, 2015 0.56 0.63
Dec 31, 2014 0.54 0.64
Dec 31, 2013 0.51 0.66
Dec 31, 2012 0.53 0.70
Dec 31, 2011 0.51 0.73
Dec 31, 2010 0.50 0.72
Dec 31, 2009 0.49 0.69
Dec 31, 2008 0.51 0.79
Dec 31, 2007 0.33 0.76
Dec 31, 2006 0.73 0.75
Dec 31, 2005 0.67 0.76

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).