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Avistar Communications (Avistar Communications) Asset Turnover : 0.59 (As of Mar. 2012)


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What is Avistar Communications Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Avistar Communications's Revenue for the three months ended in Mar. 2012 was $2.50 Mil. Avistar Communications's Total Assets for the quarter that ended in Mar. 2012 was $4.21 Mil. Therefore, Avistar Communications's Asset Turnover for the quarter that ended in Mar. 2012 was 0.59.

Asset Turnover is linked to ROE % through Du Pont Formula. Avistar Communications's annualized ROE % for the quarter that ended in Mar. 2012 was 42.77%. It is also linked to ROA % through Du Pont Formula. Avistar Communications's annualized ROA % for the quarter that ended in Mar. 2012 was -137.07%.


Avistar Communications Asset Turnover Historical Data

The historical data trend for Avistar Communications'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.

Avistar Communications Asset Turnover Chart

Avistar Communications Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.86 1.50 7.53 1.89

Avistar Communications Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 0.35 0.42 0.88 0.20 0.59

Competitive Comparison of Avistar Communications's Asset Turnover

For the Communication Equipment subindustry, Avistar Communications'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.


Avistar Communications's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avistar Communications's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Avistar Communications's Asset Turnover falls into.



Avistar Communications Asset Turnover Calculation

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

Avistar Communications's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=7.949/( (3.266+5.163)/ 2 )
=7.949/4.2145
=1.89

Avistar Communications's Asset Turnover for the quarter that ended in Mar. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=2.496/( (5.163+3.259)/ 2 )
=2.496/4.211
=0.59

* 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.


Avistar Communications  (OTCPK:AVSR) Asset Turnover Explanation

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

Avistar Communications's annulized ROE % for the quarter that ended in Mar. 2012 is

ROE %**(Q: Mar. 2012 )
=Net Income/Total Stockholders Equity
=-5.772/-13.496
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.772 / 9.984)*(9.984 / 4.211)*(4.211/ -13.496)
=Net Margin %*Asset Turnover*Equity Multiplier
=-57.81 %*2.3709*-0.312
=ROA %*Equity Multiplier
=-137.07 %*-0.312
=42.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) net income data. The Revenue data used here is four times the quarterly (Mar. 2012) 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:

Avistar Communications's annulized ROA % for the quarter that ended in Mar. 2012 is

ROA %(Q: Mar. 2012 )
=Net Income/Total Assets
=-5.772/4.211
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.772 / 9.984)*(9.984 / 4.211)
=Net Margin %*Asset Turnover
=-57.81 %*2.3709
=-137.07 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) net income data. The Revenue data used here is four times the quarterly (Mar. 2012) 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.


Avistar Communications Asset Turnover Related Terms

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Avistar Communications (Avistar Communications) Business Description

Traded in Other Exchanges
N/A
Address
1855 South Grant Street, 4th Floor, San Mateo, CA, USA, 94402
Avistar Communications Corp creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications for the true collaboration anytime, anyplace. The company's solutions include Bandwidth Management, CEBP, Firewall Traversal and Enterprise Endpoints. Its products include Avistar C3 Communicator, Avistar C3 Conference, Avistar C3 Command, Avistar C3 Call Control and Avistar C3 Media Engine.
Executives
R Stephen Heinrichs director, 10 percent owner 141 CASPIAN COURT, SUNNYVALE CA 94089
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Phlcorp Holding Llc 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Baldwin Enterprises, Inc. 10 percent owner 529 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304

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