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Speed Commerce (Speed Commerce) Asset Turnover : 0.32 (As of Dec. 2015)


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What is Speed Commerce Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Speed Commerce's Revenue for the three months ended in Dec. 2015 was $33.5 Mil. Speed Commerce's Total Assets for the quarter that ended in Dec. 2015 was $104.3 Mil. Therefore, Speed Commerce's Asset Turnover for the quarter that ended in Dec. 2015 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Speed Commerce's annualized ROE % for the quarter that ended in Dec. 2015 was 569.84%. It is also linked to ROA % through Du Pont Formula. Speed Commerce's annualized ROA % for the quarter that ended in Dec. 2015 was -276.92%.


Speed Commerce Asset Turnover Historical Data

The historical data trend for Speed Commerce'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.

Speed Commerce Asset Turnover Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 0.05 0.34 0.54 0.67

Speed Commerce 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 0.24 0.21 0.22 0.22 0.32

Competitive Comparison of Speed Commerce's Asset Turnover

For the Software - Application subindustry, Speed Commerce'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.


Speed Commerce's Asset Turnover Distribution in the Software Industry

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

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



Speed Commerce Asset Turnover Calculation

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

Speed Commerce's Asset Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2015 )/( (Total Assets (A: Mar. 2014 )+Total Assets (A: Mar. 2015 ))/ count )
=120.008/( (202.688+158.282)/ 2 )
=120.008/180.485
=0.66

Speed Commerce'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 )
=33.45/( (133.617+75.045)/ 2 )
=33.45/104.331
=0.32

* 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.


Speed Commerce  (OTCPK:SPDC) Asset Turnover Explanation

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

Speed Commerce's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=-288.916/-50.7015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-288.916 / 133.8)*(133.8 / 104.331)*(104.331/ -50.7015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-215.93 %*1.2825*-2.0577
=ROA %*Equity Multiplier
=-276.92 %*-2.0577
=569.84 %

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:

Speed Commerce's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=-288.916/104.331
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-288.916 / 133.8)*(133.8 / 104.331)
=Net Margin %*Asset Turnover
=-215.93 %*1.2825
=-276.92 %

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.


Speed Commerce Asset Turnover Related Terms

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


Speed Commerce (Speed Commerce) Business Description

Traded in Other Exchanges
N/A
Address
1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.
Executives
Richard Willis director, officer: President and CEO 7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler director 7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker other: Member of a 13(d) 10% Group 5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p. other: Member of a 13(d) 10% Group 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin other: Member of a 13(d) 10% Group 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey director C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402

Speed Commerce (Speed Commerce) Headlines

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