GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CCUR Holdings Inc (OTCPK:CCUR) » Definitions » Asset Turnover

CCUR Holdings (CCUR Holdings) Asset Turnover : 0.02 (As of Dec. 2020)


View and export this data going back to 1986. Start your Free Trial

What is CCUR Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CCUR Holdings's Revenue for the three months ended in Dec. 2020 was $1.20 Mil. CCUR Holdings's Total Assets for the quarter that ended in Dec. 2020 was $67.36 Mil. Therefore, CCUR Holdings's Asset Turnover for the quarter that ended in Dec. 2020 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. CCUR Holdings's annualized ROE % for the quarter that ended in Dec. 2020 was -58.13%. It is also linked to ROA % through Du Pont Formula. CCUR Holdings's annualized ROA % for the quarter that ended in Dec. 2020 was -49.49%.


CCUR Holdings Asset Turnover Historical Data

The historical data trend for CCUR Holdings'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.

CCUR Holdings Asset Turnover Chart

CCUR Holdings Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 - - 0.06 0.09

CCUR Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.03 0.02 0.01 0.01 0.02

Competitive Comparison of CCUR Holdings's Asset Turnover

For the Computer Hardware subindustry, CCUR Holdings'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.


CCUR Holdings's Asset Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where CCUR Holdings's Asset Turnover falls into.



CCUR Holdings Asset Turnover Calculation

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

CCUR Holdings's Asset Turnover for the fiscal year that ended in Jun. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2020 )/( (Total Assets (A: Jun. 2019 )+Total Assets (A: Jun. 2020 ))/ count )
=5.873/( (62.474+69.85)/ 2 )
=5.873/66.162
=0.09

CCUR Holdings's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=1.197/( (69.821+64.889)/ 2 )
=1.197/67.355
=0.02

* 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.


CCUR Holdings  (OTCPK:CCUR) Asset Turnover Explanation

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

CCUR Holdings's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=-33.332/57.3425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-33.332 / 4.788)*(4.788 / 67.355)*(67.355/ 57.3425)
=Net Margin %*Asset Turnover*Equity Multiplier
=-696.16 %*0.0711*1.1746
=ROA %*Equity Multiplier
=-49.49 %*1.1746
=-58.13 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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:

CCUR Holdings's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=-33.332/67.355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-33.332 / 4.788)*(4.788 / 67.355)
=Net Margin %*Asset Turnover
=-696.16 %*0.0711
=-49.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.


CCUR Holdings Asset Turnover Related Terms

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


CCUR Holdings (CCUR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6470 East Johns Crossing, Suite 490, Duluth, GA, USA, 30097
CCUR Holdings Inc operates through its subsidiary LM Capital Solutions, LLC, which identifies and places capital with originators of merchant cash advance (MCA) financings with established track records of MCA underwriting and servicing excellence, and through its subsidiary Recur Holdings, LLC, which conducts, holds and manages real estate operations. It is also actively evaluating for acquisition purposes additional operating businesses and assets to maximize the value of its assets. The business segments are MCA segment and real estate operations, with maximum revenue from MCA segment.
Executives
Julian D. Singer 10 percent owner 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons director 439 WILLIAMSON ROAD, GLADWYNE PA 19035
Igor Volshteyn officer: Interim President and COO 6470 EAST JOHNS CROSSING, DULUTH GA 30097
Wayne Jr Barr director, officer: CEO ANACOMP INC, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Warren Sutherland officer: CFO 4375 RIVER GREEN PARKWAY SUITE 100 DULUTH 2Q 30096
Dilip Singh director 333 NE 21ST AVENUE, UNIT 1110, DEERFIELD BEACH FL 33441
Emory O Berry officer: CFO & EVP of Operations 4220 BERKELEY VIEW DRIVE DULUTH GA 30096
Derek Elder officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Larry L Enterline director 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
R Charles Blackmon director C/O INTERLINE BRANDS, INC. 801 W. BAY STREET JACKSONVILLE FL 32004-1605
Steve Nussrallah director
C Shelton James director GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Dan Mondor director, officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096