Abby (ABBY) Asset Turnover: 0.62 (As of Jun. 2017)


What is Abby Asset Turnover?

Abby ABBY Asset Turnover is 0.62 as of Jun. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Abby's Revenue for the six months ended in Jun. 2017 was $0.06 Mil. Abby's Total Assets for the quarter that ended in Jun. 2017 was $0.09 Mil. Therefore, Abby's Asset Turnover for the quarter that ended in Jun. 2017 was 0.62.

Asset Turnover is linked to ROE % through Du Pont Formula. Abby's annualized ROE % for the quarter that ended in Jun. 2017 was 22.60%. It is also linked to ROA % through Du Pont Formula. Abby's annualized ROA % for the quarter that ended in Jun. 2017 was -103.87%.

Abby  (OTCPK:ABBY) Asset Turnover Explanation

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

Abby's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-0.094/-0.416
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.094 / 0.112)*(0.112 / 0.0905)*(0.0905/ -0.416)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.93 %*1.2376*-0.2175
=ROA %*Equity Multiplier
=-103.87 %*-0.2175
=22.60 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2017) net income data. The Revenue data used here is two times the semi-annual (Jun. 2017) 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:

Abby's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=-0.094/0.0905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.094 / 0.112)*(0.112 / 0.0905)
=Net Margin %*Asset Turnover
=-83.93 %*1.2376
=-103.87 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2017) net income data. The Revenue data used here is two times the semi-annual (Jun. 2017) 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.

Abby Asset Turnover Related Terms

Abby Asset Turnover Historical Data

* Premium members only.

The historical data trend for Abby'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.

Abby Asset Turnover Chart

Abby Annual Data
Trend Nov10 Nov11 Nov12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial 0.00 0.02 0.07 0.04 0.76

Abby Semi-Annual Data
Nov10 May11 Nov11 May12 Nov12 May13 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.69 0.62

ABBY vs UBLI, GAWKD, LKST: Asset Turnover Comparison

For the Internet Content & Information subindustry, Abby'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.

Abby Asset Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Abby's Asset Turnover distribution charts can be found below:

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


Abby Asset Turnover Calculation

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

Abby's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0.16/( (0.377+0.046)/ 2 )
=0.16/0.2115
=0.76

Abby's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Jun. 2017 ))/ count )
=0.056/( (0.046+0.135)/ 2 )
=0.056/0.0905
=0.62

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.62 mean?
Abby (ABBY) has a Asset Turnover of 0.62 as of Jun. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Abby and its competitors.
Is Abby's Asset Turnover too high?
Abby's current Asset Turnover is 0.62.
How does Abby's Asset Turnover compare to UBLI and GAWKD?
Abby's Asset Turnover of 0.62 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Interactive Media company?
A good Asset Turnover depends on the Interactive Media industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Abby and its competitors. Abby's current Asset Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abby stock overvalued right now?
Abby (ABBY) has a current Asset Turnover of 0.62. The current Asset Turnover is 0.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Abby (ABBY), the current Asset Turnover is 0.62 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abby Business Description

Address 455 East Thousand Oaks boulevard, Suite 105, Thousand Oaks, CA, USA, 91360
Abby Inc is a provider of training and productivity solutions for payment processing agencies such as financial institutions, utilities, government agencies, insurance companies, and retail operations throughout the United States and Canada. The company focuses on financial transaction markets providing computer-based productivity solutions to increase accuracy and productivity while reducing overall training time. Its products portfolio includes Remitt Performer, ProofPerformer, KeyPro, Customized Training, ImagePro, Remote Deposit Capture, and Skills Assessment.