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Collectors Universe (Collectors Universe) Asset Turnover : 0.50 (As of Dec. 2020)


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What is Collectors Universe Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Collectors Universe's Revenue for the three months ended in Dec. 2020 was $35.4 Mil. Collectors Universe's Total Assets for the quarter that ended in Dec. 2020 was $71.6 Mil. Therefore, Collectors Universe's Asset Turnover for the quarter that ended in Dec. 2020 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. Collectors Universe's annualized ROE % for the quarter that ended in Dec. 2020 was 88.97%. It is also linked to ROA % through Du Pont Formula. Collectors Universe's annualized ROA % for the quarter that ended in Dec. 2020 was 41.33%.


Collectors Universe Asset Turnover Historical Data

The historical data trend for Collectors Universe'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.

Collectors Universe Asset Turnover Chart

Collectors Universe 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 2.02 2.47 2.25 2.07 1.69

Collectors Universe 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 0.39 0.38 0.39 0.51 0.50

Competitive Comparison of Collectors Universe's Asset Turnover

For the Specialty Business Services subindustry, Collectors Universe'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.


Collectors Universe's Asset Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where Collectors Universe's Asset Turnover falls into.



Collectors Universe Asset Turnover Calculation

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

Collectors Universe'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 )
=78.891/( (37.693+55.482)/ 2 )
=78.891/46.5875
=1.69

Collectors Universe'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 )
=35.44/( (64.408+78.694)/ 2 )
=35.44/71.551
=0.50

* 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.


Collectors Universe  (NAS:CLCT) Asset Turnover Explanation

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

Collectors Universe's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=29.572/33.239
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.572 / 141.76)*(141.76 / 71.551)*(71.551/ 33.239)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.86 %*1.9812*2.1526
=ROA %*Equity Multiplier
=41.33 %*2.1526
=88.97 %

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:

Collectors Universe's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=29.572/71.551
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29.572 / 141.76)*(141.76 / 71.551)
=Net Margin %*Asset Turnover
=20.86 %*1.9812
=41.33 %

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.


Collectors Universe Asset Turnover Related Terms

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


Collectors Universe (Collectors Universe) Business Description

Traded in Other Exchanges
N/A
Address
1610 East Saint Andrew Place, Santa Ana, CA, USA, 92705
Collectors Universe Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia. The company generates revenues principally from the fees paid for its authentication and grading services. To a much lesser extent, it generates revenues from other related services, which consist of the sale of advertising and click-through commissions earned on its websites, including Collectors.com, the sale of printed publications and collectibles price guides and advertising in such publications and the sale of membership subscriptions in its Collectors Club.
Executives
Lorraine Bardeen director 1817 MADRONA DR SEATTLE WA 98122
Jennifer Leuer Ramus director 7601 E, INDIAN BEND RD #2051 SCOTTSDALE AZ 85250
Joseph John Wallace officer: Senior Vice President & CFO COLLECTORS UNIVERSE, INC. P.O. BOX 6280 NEWPORT BEACH CA 92658-6280
Joseph J Orlando director, officer: President & CEO C/O COLLECTORS UNIVERSE, INC P.O. BOX 6280 NEWPORT BEACH CA 92658
Kate W Duchene director 17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jonathan M. Sullivan director 1801 E. ST. ANDREW PL SANTA ANA CA 92705
Etalvina Leite director 5477 VIA NICOLA, NEWBURY PARK CA 91320
Deborah A Farrington director STARVEST PARTNERS, L.P., 750 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Albert J Moyer director MOYER & ASSOCIATES, 5001 BIRCH STREET, NEWPORT BEACH CA 92660
Joseph R Martin director
Bruce A Stevens director 7 ROBINSON CIRCLE WINCHESTER MA 01890
A Clinton Allen director 1280 MASSACHUSETTS AVE STE 200, CAMBRIDGE MA 02138
Robert G Deuster director P.O. BOX 6280, NEWPORT BEACH CA 92658
Van D Simmons director COLLECTORS UNIVERSE, INC., P.O. BOX 6280, NEWPORT BEACH CA 92658
David G Hall director, officer: President COLLECTORS UNIVERSE, INC. P.O. BOX 6280 NEWPORT BEACH CA 92658

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