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BirdDog Technology (ASX:BDT) Asset Turnover : 0.37 (As of Dec. 2024)


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What is BirdDog Technology Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BirdDog Technology's Revenue for the six months ended in Dec. 2024 was A$8.87 Mil. BirdDog Technology's Total Assets for the quarter that ended in Dec. 2024 was A$23.95 Mil. Therefore, BirdDog Technology's Asset Turnover for the quarter that ended in Dec. 2024 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. BirdDog Technology's annualized ROE % for the quarter that ended in Dec. 2024 was -20.00%. It is also linked to ROA % through Du Pont Formula. BirdDog Technology's annualized ROA % for the quarter that ended in Dec. 2024 was -17.08%.


BirdDog Technology Asset Turnover Historical Data

The historical data trend for BirdDog Technology'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.

BirdDog Technology Asset Turnover Chart

BirdDog Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Asset Turnover
- 0.74 0.62 0.52

BirdDog Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial 0.31 0.29 0.26 0.24 0.37

Competitive Comparison of BirdDog Technology's Asset Turnover

For the Consumer Electronics subindustry, BirdDog Technology'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.


BirdDog Technology's Asset Turnover Distribution in the Hardware Industry

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

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


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BirdDog Technology Asset Turnover Calculation

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

BirdDog Technology's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=18.301/( (43.19+27.085)/ 2 )
=18.301/35.1375
=0.52

BirdDog Technology's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=8.873/( (27.085+20.811)/ 2 )
=8.873/23.948
=0.37

* 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.


BirdDog Technology  (ASX:BDT) Asset Turnover Explanation

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

BirdDog Technology's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-4.09/20.446
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.09 / 17.746)*(17.746 / 23.948)*(23.948/ 20.446)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.05 %*0.741*1.1713
=ROA %*Equity Multiplier
=-17.08 %*1.1713
=-20.00 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

BirdDog Technology's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-4.09/23.948
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.09 / 17.746)*(17.746 / 23.948)
=Net Margin %*Asset Turnover
=-23.05 %*0.741
=-17.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


BirdDog Technology Asset Turnover Related Terms

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BirdDog Technology Business Description

Traded in Other Exchanges
N/A
Address
1-9 Sackville Street, Level 4, Collingwood, VIC, AUS, 3066
BirdDog Technology Ltd is a developer and manufacturer of audio-visual and video technology, which enhances the quality, speed, and flexibility of video through a range of solutions. Geographically the majority of its product sale is derived from the North America region. The company derives revenue from sale of core products, Software licensing fees, and from contracts and customers. The business segment of the company is developing and manufacturing hardware and software solutions.

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