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That Marketing Solution (That Marketing Solution) Asset Turnover : 0.15 (As of Nov. 2015)


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What is That Marketing Solution Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. That Marketing Solution's Revenue for the three months ended in Nov. 2015 was $0.02 Mil. That Marketing Solution's Total Assets for the quarter that ended in Nov. 2015 was $0.13 Mil. Therefore, That Marketing Solution's Asset Turnover for the quarter that ended in Nov. 2015 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. That Marketing Solution's annualized ROE % for the quarter that ended in Nov. 2015 was 708.28%. It is also linked to ROA % through Du Pont Formula. That Marketing Solution's annualized ROA % for the quarter that ended in Nov. 2015 was -8,620.53%.


That Marketing Solution Asset Turnover Historical Data

The historical data trend for That Marketing Solution'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.

That Marketing Solution Asset Turnover Chart

That Marketing Solution Annual Data
Trend Aug12 Aug13 Aug14 Aug15
Asset Turnover
- - - -

That Marketing Solution Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.15

Competitive Comparison of That Marketing Solution's Asset Turnover

For the Household & Personal Products subindustry, That Marketing Solution'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.


That Marketing Solution's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, That Marketing Solution's Asset Turnover distribution charts can be found below:

* The bar in red indicates where That Marketing Solution's Asset Turnover falls into.



That Marketing Solution Asset Turnover Calculation

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

That Marketing Solution's Asset Turnover for the fiscal year that ended in Aug. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2015 )/( (Total Assets (A: Aug. 2014 )+Total Assets (A: Aug. 2015 ))/ count )
=0/( (0.002+0.121)/ 2 )
=0/0.0615
=0.00

That Marketing Solution's Asset Turnover for the quarter that ended in Nov. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2015 )/( (Total Assets (Q: Aug. 2015 )+Total Assets (Q: Nov. 2015 ))/ count )
=0.02/( (0.121+0.142)/ 2 )
=0.02/0.1315
=0.15

* 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.


That Marketing Solution  (GREY:TSTS) Asset Turnover Explanation

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

That Marketing Solution's annulized ROE % for the quarter that ended in Nov. 2015 is

ROE %**(Q: Nov. 2015 )
=Net Income/Total Stockholders Equity
=-11.336/-1.6005
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.336 / 0.08)*(0.08 / 0.1315)*(0.1315/ -1.6005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14170 %*0.6084*-0.0822
=ROA %*Equity Multiplier
=-8,620.53 %*-0.0822
=708.28 %

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

That Marketing Solution's annulized ROA % for the quarter that ended in Nov. 2015 is

ROA %(Q: Nov. 2015 )
=Net Income/Total Assets
=-11.336/0.1315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.336 / 0.08)*(0.08 / 0.1315)
=Net Margin %*Asset Turnover
=-14170 %*0.6084
=-8,620.53 %

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


That Marketing Solution Asset Turnover Related Terms

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That Marketing Solution (That Marketing Solution) Business Description

Traded in Other Exchanges
N/A
Address
4535 South 2300 East, Suite B, Salt Lake City, UT, USA, 84117
That Marketing Solution Inc is engaged in the development, manufacturing, sales, marketing and advertising of nutritional products. Its products include Bulbine Natalensis, Nettle Root, DHEA, Vitamin B5 and Basella Alba. The company is working to monetize a specific Micellization Manufacturing Process which converts oil-based nutrients into water-soluble products for better absorption by the cells.

That Marketing Solution (That Marketing Solution) Headlines

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