GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Adkins Energy LLC (OTCPK:ADKIL) » Definitions » Asset Turnover

Adkins Energy LLC (Adkins Energy LLC) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2013. Start your Free Trial

What is Adkins Energy LLC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Adkins Energy LLC's Revenue for the six months ended in . 20 was $ Mil. Adkins Energy LLC's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Adkins Energy LLC's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Adkins Energy LLC's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Adkins Energy LLC's annualized ROA % for the quarter that ended in . 20 was %.


Adkins Energy LLC Asset Turnover Historical Data

The historical data trend for Adkins Energy LLC'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.

Adkins Energy LLC Asset Turnover Chart

Adkins Energy LLC Annual Data
Trend
Asset Turnover

Adkins Energy LLC Semi-Annual Data
Asset Turnover

Competitive Comparison of Adkins Energy LLC's Asset Turnover

For the Chemicals subindustry, Adkins Energy LLC'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.


Adkins Energy LLC's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Adkins Energy LLC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Adkins Energy LLC's Asset Turnover falls into.



Adkins Energy LLC Asset Turnover Calculation

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

Adkins Energy LLC's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Adkins Energy LLC's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Adkins Energy LLC  (OTCPK:ADKIL) Asset Turnover Explanation

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

Adkins Energy LLC's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Adkins Energy LLC's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Adkins Energy LLC Asset Turnover Related Terms

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


Adkins Energy LLC (Adkins Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
4350 West Galena Road, Lena, IL, USA, 61048
Adkins Energy LLC is engaged in production of corn to ethanol and biodiesel. The products offered by the company include corn, biodiesel, DDGS, distillers corn oil, ethanol, and wet distillers grains.

Adkins Energy LLC (Adkins Energy LLC) Headlines

No Headlines