Chilco River Holdings (Chilco River Holdings) Asset Turnover : 0.07 (As of Dec. 2006)

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What is Chilco River 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. Chilco River Holdings's Revenue for the six months ended in Dec. 2006 was $1.60 Mil. Chilco River Holdings's Total Assets for the quarter that ended in Dec. 2006 was $21.98 Mil. Therefore, Chilco River Holdings's Asset Turnover for the quarter that ended in Dec. 2006 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Chilco River Holdings's annualized ROE % for the quarter that ended in Dec. 2006 was -36.98%. It is also linked to ROA % through Du Pont Formula. Chilco River Holdings's annualized ROA % for the quarter that ended in Dec. 2006 was -31.84%.

Chilco River Holdings Asset Turnover Historical Data

The historical data trend for Chilco River 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.

Chilco River Holdings Asset Turnover Chart

Chilco River Holdings Annual Data

Trend

Dec04

Dec05

Dec06

Asset Turnover

3,571.00

0.50

0.07

Chilco River Holdings Semi-Annual Data
	Dec04	Dec05	Dec06
Asset Turnover	3,571.00	0.50	0.07

Competitive Comparison of Chilco River Holdings's Asset Turnover

For the Shell Companies subindustry, Chilco River 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.

Chilco River Holdings's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chilco River Holdings's Asset Turnover distribution charts can be found below:

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

Chilco River Holdings Asset Turnover Calculation

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

Chilco River Holdings's Asset Turnover for the fiscal year that ended in Dec. 2006 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2006 )	/	( (Total Assets (A: Dec. 2005 )	+	Total Assets (A: Dec. 2006 ))	/ count )
=	1.598	/	( (18.069	+	25.9)	/ 2 )
=	1.598	/	21.9845
=	0.07

Chilco River Holdings's Asset Turnover for the quarter that ended in Dec. 2006 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Dec. 2006 )	/	( (Total Assets (Q: Dec. 2005 )	+	Total Assets (Q: Dec. 2006 ))	/ count )
=	1.598	/	( (18.069	+	25.9)	/ 2 )
=	1.598	/	21.9845
=	0.07

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.

Chilco River Holdings (OTCPK:CRVH) Asset Turnover Explanation

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

Chilco River Holdings's annulized ROE % for the quarter that ended in Dec. 2006 is

	ROE %^**		(Q: Dec. 2006 )
=	Net Income	/	Total Stockholders Equity
=	-7	/	18.931
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-7 / 3.196)	*	(3.196 / 21.9845)	*	(21.9845/ 18.931)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-219.02 %	*	0.1454	*	1.1613
=	ROA %	*	Equity Multiplier
=	-31.84 %	*	1.1613
=	-36.98 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2006) net income data. The Revenue data used here is two times the semi-annual (Dec. 2006) revenue data.

^** 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:

Chilco River Holdings's annulized ROA % for the quarter that ended in Dec. 2006 is

	ROA %		(Q: Dec. 2006 )
=	Net Income	/	Total Assets
=	-7	/	21.9845
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-7 / 3.196)	*	(3.196 / 21.9845)
=	Net Margin %	*	Asset Turnover
=	-219.02 %	*	0.1454
=	-31.84 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2006) net income data. The Revenue data used here is two times the semi-annual (Dec. 2006) revenue data.

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.

Chilco River Holdings Asset Turnover Related Terms

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