Premier Exhibitions (Premier Exhibitions) Asset Turnover : 0.18 (As of Aug. 2015)

Premier Exhibitions Asset Turnover Chart

Premier Exhibitions Annual Data
	Trend	Feb06	Feb07	Feb08	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15
Asset Turnover		Get a 7-Day Free Trial					1.19	1.11	1.25	0.86	0.88

Premier Exhibitions Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Asset Turnover	Get a 7-Day Free Trial															0.28	0.19	0.17	0.19	0.18

Competitive Comparison of Premier Exhibitions's Asset Turnover

For the Leisure subindustry, Premier Exhibitions'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.

Premier Exhibitions's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Asset Turnover distribution charts can be found below:

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

Premier Exhibitions Asset Turnover Calculation

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

Premier Exhibitions's Asset Turnover for the fiscal year that ended in Feb. 2015 is calculated as

Premier Exhibitions's Asset Turnover for the quarter that ended in Aug. 2015 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.

Premier Exhibitions  (OTCPK:PRXIQ) Asset Turnover Explanation

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

Premier Exhibitions's annulized ROE % for the quarter that ended in Aug. 2015 is

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

Premier Exhibitions's annulized ROA % for the quarter that ended in Aug. 2015 is

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

Premier Exhibitions Asset Turnover Related Terms

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

Premier Exhibitions (Premier Exhibitions) Business Description