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Checkpoint Systems (Checkpoint Systems) Asset Turnover : 0.19 (As of Mar. 2016)


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What is Checkpoint Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Checkpoint Systems's Revenue for the three months ended in Mar. 2016 was $119.3 Mil. Checkpoint Systems's Total Assets for the quarter that ended in Mar. 2016 was $644.5 Mil. Therefore, Checkpoint Systems's Asset Turnover for the quarter that ended in Mar. 2016 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Checkpoint Systems's annualized ROE % for the quarter that ended in Mar. 2016 was -50.02%. It is also linked to ROA % through Du Pont Formula. Checkpoint Systems's annualized ROA % for the quarter that ended in Mar. 2016 was -20.18%.


Checkpoint Systems Asset Turnover Historical Data

The historical data trend for Checkpoint Systems'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.

Checkpoint Systems Asset Turnover Chart

Checkpoint Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.72 0.83 0.86 0.84

Checkpoint Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.18 0.22 0.22 0.25 0.19

Competitive Comparison of Checkpoint Systems's Asset Turnover

For the Security & Protection Services subindustry, Checkpoint Systems'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.


Checkpoint Systems's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Checkpoint Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Checkpoint Systems's Asset Turnover falls into.



Checkpoint Systems Asset Turnover Calculation

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

Checkpoint Systems's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=587.157/( (738.666+657.87)/ 2 )
=587.157/698.268
=0.84

Checkpoint Systems's Asset Turnover for the quarter that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=119.314/( (657.87+631.166)/ 2 )
=119.314/644.518
=0.19

* 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.


Checkpoint Systems  (NYSE:CKP) Asset Turnover Explanation

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

Checkpoint Systems's annulized ROE % for the quarter that ended in Mar. 2016 is

ROE %**(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-130.084/260.076
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-130.084 / 477.256)*(477.256 / 644.518)*(644.518/ 260.076)
=Net Margin %*Asset Turnover*Equity Multiplier
=-27.26 %*0.7405*2.4782
=ROA %*Equity Multiplier
=-20.18 %*2.4782
=-50.02 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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:

Checkpoint Systems's annulized ROA % for the quarter that ended in Mar. 2016 is

ROA %(Q: Mar. 2016 )
=Net Income/Total Assets
=-130.084/644.518
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-130.084 / 477.256)*(477.256 / 644.518)
=Net Margin %*Asset Turnover
=-27.26 %*0.7405
=-20.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.


Checkpoint Systems Asset Turnover Related Terms

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


Checkpoint Systems (Checkpoint Systems) Business Description

Traded in Other Exchanges
N/A
Address
Checkpoint Systems Inc was founded in 1969. Company is a manufacturer and provider of technology-driven loss prevention, inventory management and labeling solutions to the retail and apparel industries. It also provides electronic article surveillance systems and tags using RF and electro-magnetic technology. It also engineer systems using RF and acousto-magnetic technology. It operates directly in 28 countries. Its products are developed and manufactured in-house and sold through direct distribution and reseller channels. Company reported its results of operations in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). ALS includes the results of radio frequency identification (RFID) labels business, coupled with data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. MAS segment, which is focused on loss prevention and Merchandise Visibility (RFID), includes EAS systems, EAS consumables, Alpha high-theft solutions, RFID systems and software and CheckView in Asia. There were no changes to the RMS Segment. Its competitors include: Tyco International Ltd., Avery Dennison Corporation, SML Group, R-Pac International Corporation, NexGen, Fineline Technologies, SATO DCS & Labeling Worldwide, Garvey Products Inc., Hallo, Avery Dennison Corporation, and Prix International.
Executives
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
Stephen N David director C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
George Jr Babich director, officer: CEO and President 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
Jack W Partridge director
Julie Spicer England director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Antle William S Iii director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Rowland Bryan T.r. officer: See Remarks 101 WOLF DRIVE, THOROFARE NJ 08086
Van Der Merwe Robert P director, officer: Chairman, President and CEO
George W Off director C/O TDS, 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Robert O Aders director