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APT Systems (APT Systems) Asset Turnover : 0.01 (As of Oct. 2018)


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What is APT Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. APT Systems's Revenue for the three months ended in Oct. 2018 was $0.00 Mil. APT Systems's Total Assets for the quarter that ended in Oct. 2018 was $0.20 Mil. Therefore, APT Systems's Asset Turnover for the quarter that ended in Oct. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. APT Systems's annualized ROE % for the quarter that ended in Oct. 2018 was 80.77%. It is also linked to ROA % through Du Pont Formula. APT Systems's annualized ROA % for the quarter that ended in Oct. 2018 was -598.04%.


APT Systems Asset Turnover Historical Data

The historical data trend for APT Systems'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.

APT Systems Asset Turnover Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Asset Turnover
Get a 7-Day Free Trial - 0.61 2.22 - -

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 - - - 0.04 0.01

Competitive Comparison of APT Systems's Asset Turnover

For the Software - Application subindustry, APT Systems'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.


APT Systems's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, APT Systems's Asset Turnover distribution charts can be found below:

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



APT Systems Asset Turnover Calculation

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

APT Systems's Asset Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2018 )/( (Total Assets (A: Jan. 2017 )+Total Assets (A: Jan. 2018 ))/ count )
=0/( (0.122+0.176)/ 2 )
=0/0.149
=0.00

APT Systems's Asset Turnover for the quarter that ended in Oct. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2018 )/( (Total Assets (Q: Jul. 2018 )+Total Assets (Q: Oct. 2018 ))/ count )
=0.001/( (0.191+0.217)/ 2 )
=0.001/0.204
=0.00

* 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.


APT Systems  (OTCPK:APTY) Asset Turnover Explanation

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

APT Systems's annulized ROE % for the quarter that ended in Oct. 2018 is

ROE %**(Q: Oct. 2018 )
=Net Income/Total Stockholders Equity
=-1.22/-1.5105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.22 / 0.004)*(0.004 / 0.204)*(0.204/ -1.5105)
=Net Margin %*Asset Turnover*Equity Multiplier
=-30500 %*0.0196*-0.1351
=ROA %*Equity Multiplier
=-598.04 %*-0.1351
=80.77 %

Note: The Net Income data used here is four times the quarterly (Oct. 2018) net income data. The Revenue data used here is four times the quarterly (Oct. 2018) 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:

APT Systems's annulized ROA % for the quarter that ended in Oct. 2018 is

ROA %(Q: Oct. 2018 )
=Net Income/Total Assets
=-1.22/0.204
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.22 / 0.004)*(0.004 / 0.204)
=Net Margin %*Asset Turnover
=-30500 %*0.0196
=-598.04 %

Note: The Net Income data used here is four times the quarterly (Oct. 2018) net income data. The Revenue data used here is four times the quarterly (Oct. 2018) 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.


APT Systems Asset Turnover Related Terms

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APT Systems (APT Systems) Business Description

Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.