APHD (Apogee 21 Holdings) Asset Turnover: 0.10 (As of Mar. 2016)


What is Apogee 21 Holdings Asset Turnover?

Apogee 21 Holdings APHD Asset Turnover is 0.10 as of Mar. 2016.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Apogee 21 Holdings's Revenue for the three months ended in Mar. 2016 was $0.12 Mil. Apogee 21 Holdings's Total Assets for the quarter that ended in Mar. 2016 was $1.15 Mil. Therefore, Apogee 21 Holdings's Asset Turnover for the quarter that ended in Mar. 2016 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Apogee 21 Holdings's annualized ROE % for the quarter that ended in Mar. 2016 was 19.01%. It is also linked to ROA % through Du Pont Formula. Apogee 21 Holdings's annualized ROA % for the quarter that ended in Mar. 2016 was -22.60%.

Apogee 21 Holdings  (OTCPK:APHD) Asset Turnover Explanation

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

Apogee 21 Holdings's annulized ROE % for the quarter that ended in Mar. 2016 is

ROE %**(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-0.26/-1.3675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.26 / 0.476)*(0.476 / 1.1505)*(1.1505/ -1.3675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-54.62 %*0.4137*-0.8413
=ROA %*Equity Multiplier
=-22.60 %*-0.8413
=19.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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:

Apogee 21 Holdings's annulized ROA % for the quarter that ended in Mar. 2016 is

ROA %(Q: Mar. 2016 )
=Net Income/Total Assets
=-0.26/1.1505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.26 / 0.476)*(0.476 / 1.1505)
=Net Margin %*Asset Turnover
=-54.62 %*0.4137
=-22.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.

Apogee 21 Holdings Asset Turnover Related Terms

Apogee 21 Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Apogee 21 Holdings'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.

Apogee 21 Holdings Asset Turnover Chart

Apogee 21 Holdings Annual Data
Trend Apr05 Dec06 Dec07 Dec08 Dec09 Jun11 Jun12 Jun13 Jun14 Jun15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.27 0.52 0.86 0.36

Apogee 21 Holdings Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.02 0.02 0.05 0.20 0.10

APHD vs RLTR, FPTA, CXKJ: Asset Turnover Comparison

For the Beverages - Wineries & Distilleries subindustry, Apogee 21 Holdings'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.

Apogee 21 Holdings Asset Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Apogee 21 Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Apogee 21 Holdings's Asset Turnover falls into.


Apogee 21 Holdings Asset Turnover Calculation

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

Apogee 21 Holdings's Asset Turnover for the fiscal year that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2015 )/( (Total Assets (A: Jun. 2014 )+Total Assets (A: Jun. 2015 ))/ count )
=0.738/( (2.645+1.461)/ 2 )
=0.738/2.053
=0.36

Apogee 21 Holdings's Asset Turnover for the quarter that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=0.119/( (1.146+1.155)/ 2 )
=0.119/1.1505
=0.10

* 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 0.10 mean?
Apogee 21 Holdings (APHD) has a Asset Turnover of 0.10 as of Mar. 2016. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Apogee 21 Holdings and its competitors.
Is Apogee 21 Holdings' Asset Turnover too high?
Apogee 21 Holdings' current Asset Turnover is 0.10.
How does Apogee 21 Holdings' Asset Turnover compare to RLTR and FPTA?
Apogee 21 Holdings' Asset Turnover of 0.10 can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Asset Turnover depends on the Beverages - Alcoholic 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 Apogee 21 Holdings and its competitors. Apogee 21 Holdings's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee 21 Holdings stock overvalued right now?
Apogee 21 Holdings (APHD) has a current Asset Turnover of 0.10. The current Asset Turnover is 0.10. 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 Apogee 21 Holdings (APHD), the current Asset Turnover is 0.10 as of Mar. 2016. 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.

Apogee 21 Holdings Business Description

Address 4578 Carriage Lane, Las Vegas, NV, USA, 89119
Apogee 21 Holdings Inc is doing business as A21 Wine & Spirits, is a producer and marketer of craft spirits and wine. The company owns Monkey in Paradise Vodka, Andale Tequila, and Blue Nectar Tequila brands. It also has the sales agency for Zunte Mezcal and Finca Ferrer Wines from Argentina.