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Investview (Investview) Asset Turnover : 0.50 (As of Dec. 2023)


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What is Investview Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Investview's Revenue for the three months ended in Dec. 2023 was $17.93 Mil. Investview's Total Assets for the quarter that ended in Dec. 2023 was $36.14 Mil. Therefore, Investview's Asset Turnover for the quarter that ended in Dec. 2023 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. Investview's annualized ROE % for the quarter that ended in Dec. 2023 was -3.89%. It is also linked to ROA % through Du Pont Formula. Investview's annualized ROA % for the quarter that ended in Dec. 2023 was -2.01%.


Investview Asset Turnover Historical Data

The historical data trend for Investview'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.

Investview Asset Turnover Chart

Investview Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 2.23 2.56 2.24 1.96

Investview Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.33 0.38 0.47 0.51 0.50

Competitive Comparison of Investview's Asset Turnover

For the Software - Application subindustry, Investview'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.


Investview's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Investview's Asset Turnover distribution charts can be found below:

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



Investview Asset Turnover Calculation

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

Investview's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=67.921/( (35.576+33.689)/ 2 )
=67.921/34.6325
=1.96

Investview's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=17.927/( (38.587+33.689)/ 2 )
=17.927/36.138
=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.


Investview  (OTCPK:INVU) Asset Turnover Explanation

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

Investview's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.728/18.719
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.728 / 71.708)*(71.708 / 36.138)*(36.138/ 18.719)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.02 %*1.9843*1.9306
=ROA %*Equity Multiplier
=-2.01 %*1.9306
=-3.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Investview's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.728/36.138
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.728 / 71.708)*(71.708 / 36.138)
=Net Margin %*Asset Turnover
=-1.02 %*1.9843
=-2.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Investview Asset Turnover Related Terms

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


Investview (Investview) Business Description

Traded in Other Exchanges
N/A
Address
521 West Lancaster Avenue, Second Floor, Haverford, PA, USA, 19041
Investview Inc operates a financial technology services company, offering several different lines of business, provides research, education, and investment tools designed to assist the self-directed investor in successfully navigating the financial markets. The services include research, trade alerts, and live trading rooms that consist of instruction in equities, options, FOREX, ETFs, binary options, crowdfunding, and cryptocurrency mining services and sector education. The firm also provides education and software applications to assist the individual in debt reduction, increased savings, budgeting, and proper tax management.
Executives
Myles P Gill officer: Director of Operations 234 INDUSTRIAL WAY WEST, STE. A202, EATONTOWN NJ 07724
Victor M Oviedo director, officer: Chief Executive Officer 234 INDUSTRIAL WAY WEST, STE. A202, EATONTOWN NJ 07724
Ralph R. Valvano officer: CHIEF FINANCIAL OFFICER 234 INDUSTRIAL WAY WEST, SUITE A202, EATONTOWN NJ 07724
Chad Miller director, 10 percent owner 287 N. HOMESTEAD LANE, FRUIT HEIGHTS UT 84037
Ryan Robins Smith director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 1836 W. PHILLIPS STREET, KAYSVILLE UT 84037
David B. Rothrock director 1645 KECKS ROAD, BREINIGSVILLE PA 18031
James R. Bell director 6490 WOODBINE AVENUE, PHILADELPHIA PA 19151
William C Kosoff director, officer: CFO and Director
Annette Raynor director, 10 percent owner, officer: CHIEF OPERATING OFFICER 281 HWY 34, SUITE 204B, COLTS NECK NJ 07722
Mario Romano 10 percent owner 281 HIGHWAY 34, SUITE 204B, COLTS NECK NJ 07722
Joseph Cammarata director, officer: CHIEF EXECUTIVE OFFICER 234 INDUSTRIAL WAY WEST, EATONTOWN NJ 07724
Jayme L Mcwidener officer: CHIEF FINANCIAL OFFICER 1070, MECHAM LANE, MIDVALE UT 84047
Joseph W. Hagan other: < 5% Holder 139 STONE HILL ROAD, 7TH FLOOR, COLTS NECK NY 07722
Joseph J Louro director, officer: CEO 287 EAST 950 SOUTH, OREM UT 84058
David Kelley officer: Chief Operating Officer 6940 COLUMBIA GATEWAY DR, SUITE 200, COLUMBIA MD 21046