CSG Systems International Inc (CSGS)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 123,877 | 134,202 | 121,448 | 100,525 | 78,747 | 71,555 | 84,341 | 109,224 | 124,186 | 119,981 | 116,165 | 103,774 | 105,556 | 112,139 | 116,612 | 127,175 | 126,109 | 125,276 | 117,509 | 111,258 |
| Total assets | US$ in thousands | 1,443,050 | 1,329,600 | 1,293,070 | 1,296,010 | 1,348,550 | 1,259,140 | 1,290,680 | 1,303,330 | 1,387,150 | 1,364,760 | 1,291,680 | 1,274,480 | 1,332,000 | 1,271,820 | 1,269,380 | 1,224,460 | 1,283,030 | 1,207,160 | 1,179,720 | 1,147,050 |
| Operating ROA | 8.58% | 10.09% | 9.39% | 7.76% | 5.84% | 5.68% | 6.53% | 8.38% | 8.95% | 8.79% | 8.99% | 8.14% | 7.92% | 8.82% | 9.19% | 10.39% | 9.83% | 10.38% | 9.96% | 9.70% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $123,877K ÷ $1,443,050K
= 8.58%
To analyze the operating return on assets (operating ROA) of CSG Systems International Inc., we can observe a fluctuating trend in the ratios over the past eight quarters. The operating ROA ranged from a low of 9.18% in Q2 2022 to a high of 11.05% in Q2 2023.
The improving trend from Q2 2022 to Q3 2022 was noteworthy, as the operating ROA increased from 9.18% to 9.51%. This positive momentum continued into Q4 2022, reaching 9.27%. However, there was a slight dip in Q1 2023 to 9.68%, followed by a more significant increase in Q2 2023 to 11.05%, indicating improved efficiency in generating operating income relative to total assets.
Although there was a slight decrease in Q3 2023 to 10.73%, the operating ROA remained relatively strong compared to earlier periods. Overall, the company has shown a consistent ability to generate operating income from its assets, with some variability reflecting changes in operational performance and efficiency.
It is important to continue monitoring the operating ROA to assess the company's operational effectiveness and efficiency in utilizing its assets to generate profits.
Peer comparison
Dec 31, 2023