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Birner Dental Management Services (Birner Dental Management Services) Asset Turnover : 0.97 (As of Sep. 2018)


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What is Birner Dental Management Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Birner Dental Management Services's Revenue for the three months ended in Sep. 2018 was $15.12 Mil. Birner Dental Management Services's Total Assets for the quarter that ended in Sep. 2018 was $15.56 Mil. Therefore, Birner Dental Management Services's Asset Turnover for the quarter that ended in Sep. 2018 was 0.97.

Asset Turnover is linked to ROE % through Du Pont Formula. Birner Dental Management Services's annualized ROE % for the quarter that ended in Sep. 2018 was 84.46%. It is also linked to ROA % through Du Pont Formula. Birner Dental Management Services's annualized ROA % for the quarter that ended in Sep. 2018 was -19.02%.


Birner Dental Management Services Asset Turnover Historical Data

The historical data trend for Birner Dental Management Services'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.

Birner Dental Management Services Asset Turnover Chart

Birner Dental Management Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.66 2.75 3.07 3.40

Birner Dental Management Services Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.91 0.87 0.91 0.92 0.97

Competitive Comparison of Birner Dental Management Services's Asset Turnover

For the Medical Care Facilities subindustry, Birner Dental Management Services'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.


Birner Dental Management Services's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Birner Dental Management Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Birner Dental Management Services's Asset Turnover falls into.



Birner Dental Management Services Asset Turnover Calculation

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

Birner Dental Management Services's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=60.712/( (18.351+17.407)/ 2 )
=60.712/17.879
=3.40

Birner Dental Management Services's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=15.121/( (15.771+15.346)/ 2 )
=15.121/15.5585
=0.97

* 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.


Birner Dental Management Services  (OTCPK:BDMS) Asset Turnover Explanation

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

Birner Dental Management Services's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-2.96/-3.5045
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.96 / 60.484)*(60.484 / 15.5585)*(15.5585/ -3.5045)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.89 %*3.8875*-4.4396
=ROA %*Equity Multiplier
=-19.02 %*-4.4396
=84.46 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Birner Dental Management Services's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-2.96/15.5585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.96 / 60.484)*(60.484 / 15.5585)
=Net Margin %*Asset Turnover
=-4.89 %*3.8875
=-19.02 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Birner Dental Management Services Asset Turnover Related Terms

Thank you for viewing the detailed overview of Birner Dental Management Services's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Birner Dental Management Services (Birner Dental Management Services) Business Description

Traded in Other Exchanges
N/A
Address
Birner Dental Management Services Inc is engaged in the medical care domain based in the United States. The company provides a solution to the needs of dentists, patients, and third-party payers by allowing its affiliated dentists to provide dental care in patient-friendly, family practice settings. The company offers specialty dental services through affiliated specialists at some of its locations. Dentists practicing at its offices provide general dentistry services, including crowns and bridges and fillings.
Executives
Bradley M Tirpak director, 10 percent owner 50 ORCHARD ST., NEW YORK NY 10002
John M Climaco director PO BOX 326, PARK CITY UT 84060
Joshua Horowitz director, 10 percent owner 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Palm Global Small Cap Master Fund Lp director, 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director, 10 percent owner 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Charles M Gillman 10 percent owner, other: See Explanation of Responses 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Star Equity Holdings, Inc. 10 percent owner, other: See Explanation of Responses 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Barry Igdaloff 10 percent owner, other: See Explanation of Responses
Lee D Keddie 10 percent owner, other: See Explanation of Responses 1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089