GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Advanced Proteome Therapeutics Corp (OTCPK:APTCF) » Definitions » Asset Turnover

Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Asset Turnover : 0.00 (As of Apr. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Advanced Proteome Therapeutics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Advanced Proteome Therapeutics's Revenue for the three months ended in Apr. 2023 was $0.00 Mil. Advanced Proteome Therapeutics's Total Assets for the quarter that ended in Apr. 2023 was $0.19 Mil. Therefore, Advanced Proteome Therapeutics's Asset Turnover for the quarter that ended in Apr. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Advanced Proteome Therapeutics's annualized ROE % for the quarter that ended in Apr. 2023 was -3,519.05%. It is also linked to ROA % through Du Pont Formula. Advanced Proteome Therapeutics's annualized ROA % for the quarter that ended in Apr. 2023 was -3,039.59%.


Advanced Proteome Therapeutics Asset Turnover Historical Data

The historical data trend for Advanced Proteome Therapeutics'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.

Advanced Proteome Therapeutics Asset Turnover Chart

Advanced Proteome Therapeutics Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Advanced Proteome Therapeutics Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Advanced Proteome Therapeutics's Asset Turnover

For the Biotechnology subindustry, Advanced Proteome Therapeutics'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.


Advanced Proteome Therapeutics's Asset Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Advanced Proteome Therapeutics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Advanced Proteome Therapeutics's Asset Turnover falls into.



Advanced Proteome Therapeutics Asset Turnover Calculation

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

Advanced Proteome Therapeutics's Asset Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2022 )/( (Total Assets (A: Jul. 2021 )+Total Assets (A: Jul. 2022 ))/ count )
=0/( (0.898+0.636)/ 2 )
=0/0.767
=0.00

Advanced Proteome Therapeutics's Asset Turnover for the quarter that ended in Apr. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2023 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Apr. 2023 ))/ count )
=0/( (0.326+0.063)/ 2 )
=0/0.1945
=0.00

* 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.


Advanced Proteome Therapeutics  (OTCPK:APTCF) Asset Turnover Explanation

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

Advanced Proteome Therapeutics's annulized ROE % for the quarter that ended in Apr. 2023 is

ROE %**(Q: Apr. 2023 )
=Net Income/Total Stockholders Equity
=-5.912/0.168
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.912 / 0)*(0 / 0.1945)*(0.1945/ 0.168)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1577
=ROA %*Equity Multiplier
=-3,039.59 %*1.1577
=-3,519.05 %

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

Advanced Proteome Therapeutics's annulized ROA % for the quarter that ended in Apr. 2023 is

ROA %(Q: Apr. 2023 )
=Net Income/Total Assets
=-5.912/0.1945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.912 / 0)*(0 / 0.1945)
=Net Margin %*Asset Turnover
= %*0
=-3,039.59 %

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


Advanced Proteome Therapeutics Asset Turnover Related Terms

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


Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Business Description

Traded in Other Exchanges
Address
8337 Eastlake Drive, Suite 104, Burnaby, BC, CAN, V5A 4W2
Advanced Proteome Therapeutics Corp is a biotechnology company. It develops and commercializes a platform to use protein modification technologies to create proprietary human protein pharmaceuticals with therapeutic properties. The company develops anti-cancer drugs for cancerous tumors that will destroy a cancer patient's tumor cells selectively, sparing healthy cells. All the operations of the organization are principally carried out in the United States.

Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Headlines