Pioneer Oil & Gas (Pioneer Oil & Gas) Asset Turnover : 0.45 (As of Jun. 2005)

Pioneer Oil & Gas Asset Turnover Chart

Pioneer Oil & Gas Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Asset Turnover	Get a 7-Day Free Trial															0.25	0.28	0.20	0.77	0.45

Competitive Comparison of Pioneer Oil & Gas's Asset Turnover

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Oil & Gas's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pioneer Oil & Gas's Asset Turnover falls into.

Pioneer Oil & Gas Asset Turnover Calculation

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

Pioneer Oil & Gas's Asset Turnover for the fiscal year that ended in Sep. 2004 is calculated as

Pioneer Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2005 is calculated as

* 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.

Pioneer Oil & Gas  (OTCPK:POGS) Asset Turnover Explanation

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

Pioneer Oil & Gas's annulized ROE % for the quarter that ended in Jun. 2005 is

Note: The Net Income data used here is four times the quarterly (Jun. 2005) net income data. The Revenue data used here is four times the quarterly (Jun. 2005) 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:

Pioneer Oil & Gas's annulized ROA % for the quarter that ended in Jun. 2005 is

Note: The Net Income data used here is four times the quarterly (Jun. 2005) net income data. The Revenue data used here is four times the quarterly (Jun. 2005) 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.

Pioneer Oil & Gas Asset Turnover Related Terms

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Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description