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Autoscope Technologies (Autoscope Technologies) Asset Turnover : 0.18 (As of Jun. 2023)


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What is Autoscope Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Autoscope Technologies's Revenue for the three months ended in Jun. 2023 was $4.02 Mil. Autoscope Technologies's Total Assets for the quarter that ended in Jun. 2023 was $21.88 Mil. Therefore, Autoscope Technologies's Asset Turnover for the quarter that ended in Jun. 2023 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Autoscope Technologies's annualized ROE % for the quarter that ended in Jun. 2023 was 23.56%. It is also linked to ROA % through Du Pont Formula. Autoscope Technologies's annualized ROA % for the quarter that ended in Jun. 2023 was 20.81%.


Autoscope Technologies Asset Turnover Historical Data

The historical data trend for Autoscope Technologies'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.

Autoscope Technologies Asset Turnover Chart

Autoscope Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.65 0.61 0.39 0.56

Autoscope Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 0.15 -0.01 0.18 0.18 -

Competitive Comparison of Autoscope Technologies's Asset Turnover

For the Scientific & Technical Instruments subindustry, Autoscope Technologies'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.


Autoscope Technologies's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Autoscope Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Autoscope Technologies's Asset Turnover falls into.



Autoscope Technologies Asset Turnover Calculation

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

Autoscope Technologies's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=13.133/( (21.1+25.647)/ 2 )
=13.133/23.3735
=0.56

Autoscope Technologies's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=4.016/( (21.965+21.789)/ 2 )
=4.016/21.877
=0.18

* 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.


Autoscope Technologies  (OTCPK:AATC) Asset Turnover Explanation

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

Autoscope Technologies's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=4.552/19.3205
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.552 / 16.064)*(16.064 / 21.877)*(21.877/ 19.3205)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.34 %*0.7343*1.1323
=ROA %*Equity Multiplier
=20.81 %*1.1323
=23.56 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Autoscope Technologies's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=4.552/21.877
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.552 / 16.064)*(16.064 / 21.877)
=Net Margin %*Asset Turnover
=28.34 %*0.7343
=20.81 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Autoscope Technologies Asset Turnover Related Terms

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


Autoscope Technologies (Autoscope Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1115 Hennepin Avenue, Minneapolis, MN, USA, 55403
Autoscope Technologies Corp is engaged in improving safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications, and solutions. It provides Intelligent Transportation Systems professionals precise and accurate information, including real-time reaction capabilities and in-depth analytics to make confident and proactive decisions.
Executives
Joseph Patrick Daly director 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Brian Vanderbosch director 1600 UNIVERSITY AVE W, SUITE 400, SAINT PAUL MN 55104
James W Bracke director 15411 MASON POINTE, EDEN PRAIRIE MN 55347
Ezekiel Kruglick director 13842 DEERGRASS CT, POWAY CA 92064
Frank Glenn Hallowell officer: CFO 500 SPRUCE TREE CENTRE,, 1600 UNIVERSITY AVENUE WEST, ST. PAUL MN 55104
Theodore Thomas Johnson officer: Interim CFO 500 SPRUCE TREE, 1600 UNIVERSITY AVE. W, ST. PAUL MN 55104
Ab Value Management Llc 10 percent owner 208 LENOX AVE, #409, WESTFIELD NJ 07090
Todd Christoper Slawson officer: Interim CFO 3345 YOSEMITE AVENUE SOUTH, ST. LOUIS PARK MN 55416
Richard A. Ehrich officer: Interim CFO 500 SPRUCE TREE CENTRE, 1600 UNIVERSITY AVE W., ST. PAUL MN 55104
Geoffrey Clark Davis director 8828 CRICK ALY, ORLANDO FL 32827
Chad Stelzig officer: Interim President, Interim CEO 400 SPRUCE TREE CENTRE, 1600 UNIVERSITY AVE W., ST. PAUL MN 55104
Andrew Berger director, 10 percent owner 84 ELM STREET, WESTFIELD NJ 07090
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Kris B Tufto director 2660 CHRISTIAN COURT, CHASKA MN 55318
Melissa B Fisher director 188 E. 64TH STREET, APT. 604, NEW YORK NY 10065

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