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PowerSecure International (PowerSecure International) Asset Turnover : 0.48 (As of Dec. 2015)


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What is PowerSecure International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PowerSecure International's Revenue for the three months ended in Dec. 2015 was $150.0 Mil. PowerSecure International's Total Assets for the quarter that ended in Dec. 2015 was $312.6 Mil. Therefore, PowerSecure International's Asset Turnover for the quarter that ended in Dec. 2015 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. PowerSecure International's annualized ROE % for the quarter that ended in Dec. 2015 was 6.98%. It is also linked to ROA % through Du Pont Formula. PowerSecure International's annualized ROA % for the quarter that ended in Dec. 2015 was 3.65%.


PowerSecure International Asset Turnover Historical Data

The historical data trend for PowerSecure International'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.

PowerSecure International Asset Turnover Chart

PowerSecure International 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 0.99 1.07 1.30 0.99 1.48

PowerSecure International Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.31 0.30 0.40 0.38 0.48

Competitive Comparison of PowerSecure International's Asset Turnover

For the Specialty Industrial Machinery subindustry, PowerSecure International'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.


PowerSecure International's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PowerSecure International's Asset Turnover distribution charts can be found below:

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



PowerSecure International Asset Turnover Calculation

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

PowerSecure International'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 )
=443.701/( (265.115+335.815)/ 2 )
=443.701/300.465
=1.48

PowerSecure International's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=150.028/( (289.418+335.815)/ 2 )
=150.028/312.6165
=0.48

* 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.


PowerSecure International  (NYSE:POWR) Asset Turnover Explanation

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

PowerSecure International's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=11.42/163.6185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.42 / 600.112)*(600.112 / 312.6165)*(312.6165/ 163.6185)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.9 %*1.9196*1.9106
=ROA %*Equity Multiplier
=3.65 %*1.9106
=6.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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:

PowerSecure International's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=11.42/312.6165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.42 / 600.112)*(600.112 / 312.6165)
=Net Margin %*Asset Turnover
=1.9 %*1.9196
=3.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.


PowerSecure International Asset Turnover Related Terms

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PowerSecure International (PowerSecure International) Business Description

Traded in Other Exchanges
N/A
Address
PowerSecure International Inc was incorporated in Delaware on April 05, 1991. On August 22, 2007, it changed its name to PowerSecure International, Inc. from Metretek Technologies, Inc. The Company is a provider of products and services to electric utilities, and their commercial, institutional and industrial customers. Its Utility and Energy Technologies segment consists of three products and service offerings: Distributed Generation products and services, Utility Infrastructure products and services, and Energy Efficiency products and services. These three product and service groups are commonly engaged in serving the needs of utilities and their commercial, institutional and industrial customers to help them generate, deliver and utilize electricity more reliably and efficiently. The Company operates primarily out of Wake Forest, North Carolina, and its operations also include several satellite offices and manufacturing facilities located in Raleigh and Greensboro, North Carolina; Atlanta, Georgia; Bethlehem, Pennsylvania; and Stamford, Connecticut. It conducts its business through its wholly-owned subsidiary, PowerSecure, Inc. The Companys Distributed Generation solutions involve manufacturing, installing and operating electric generation equipment on site at a facility where the power is used, including commercial, institutional and industrial operations. Its systems provide backup power supply during power outages. Its solar energy systems provide utilities and their customers with environmentally friendly power to augment their core power requirements. The Companys Utility Infrastructure solutions are engaged in helping electric utilities design, build, upgrade and maintain infrastructure that enhances the efficiency of their grid systems. Its products and services include transmission and distribution system construction and maintenance, installation of metering and efficient lighting, and emergency storm restoration. Additionally, it provides utilities with a wide range of engineering and design services, as well as consulting services for cybersecurity compliance, and regulatory and rate design matters. The Company has two primary product and service offerings in its Energy Efficiency solutions: LED lighting fixtures and lamps, and energy efficiency upgrades for its super ESCO customers. Its LED lighting solutions are engaged in the utility, commercial and industrial markets, while its ESCO energy efficiency solutions are engaged in serving the ESCO channel. Its LED lighting product line includes: LED-based lamps and fixtures for department stores and other commercial applications, including display and down-lighting; LED-based lighting fixtures for grocery, drug and convenience stores, including lights for reach-in refrigerated cases, shelf and canopy lighting for open refrigerated cases, overhead lighting for walk-in storage coolers, and outdoor lighting; and LED-based lighting fixtures for utilities, commercial and i
Executives
W Kent Geer director, other: Chairman of the Board 7104 RAINWATER ROAD, RALEIGH NC 27615
Kevin P Collins director C/O KEY ENERGY SERVICES, INC. 1301 MCKINNEY STREET, SUITE 1800 HOUSTON TX 77010
Alan Bradley Gabbard director 3769 MOUNTAIN LAUREL PL., BOULDER CO 80344
W Phillip Marcum director, officer: Chairman, President & CEO 1900 GRANT STREET, SUITE 720, DENVER CO 80203
David J Breazzano 10 percent owner C/O KEY ENERGY SERVICES, INC. 1301 MCKINNEY STREET, SUITE 1800 HOUSTON TX 77010
Gruber & Mcbaine Capital Management Llc 10 percent owner 234 VAN NESS, STE 5, SAN FRANCISCO CA 94133

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