Buddy Technologies (ASX:BUDOA) Asset Turnover: 0.31 (As of Dec. 2021)


What is Buddy Technologies Asset Turnover?

Buddy Technologies ASX:BUDOA Asset Turnover is 0.31 as of Dec. 2021. The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Buddy Technologies's Revenue for the six months ended in Dec. 2021 was A$13.74 Mil. Buddy Technologies's Total Assets for the quarter that ended in Dec. 2021 was A$44.12 Mil. Therefore, Buddy Technologies's Asset Turnover for the quarter that ended in Dec. 2021 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Buddy Technologies's annualized ROE % for the quarter that ended in Dec. 2021 was -762.91%. It is also linked to ROA % through Du Pont Formula. Buddy Technologies's annualized ROA % for the quarter that ended in Dec. 2021 was -220.88%.

Buddy Technologies  (ASX:BUDOA) Asset Turnover Explanation

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

Buddy Technologies's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-97.45/12.7735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-97.45 / 27.488)*(27.488 / 44.119)*(44.119/ 12.7735)
=Net Margin %*Asset Turnover*Equity Multiplier
=-354.52 %*0.623*3.4539
=ROA %*Equity Multiplier
=-220.88 %*3.4539
=-762.91 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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:

Buddy Technologies's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=-97.45/44.119
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-97.45 / 27.488)*(27.488 / 44.119)
=Net Margin %*Asset Turnover
=-354.52 %*0.623
=-220.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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.

Buddy Technologies Asset Turnover Related Terms

Buddy Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Buddy Technologies'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.

Buddy Technologies Asset Turnover Chart

Buddy Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.13 0.33 0.39

Buddy Technologies Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 0.20 0.11 0.21 0.15 0.31

ASX:BUDOA vs CYRNQ, SEII, DCLT: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Buddy Technologies'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.

Buddy Technologies Asset Turnover vs Software Industry

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

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


Buddy Technologies Asset Turnover Calculation

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

Buddy Technologies's Asset Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2021 )/( (Total Assets (A: Jun. 2020 )+Total Assets (A: Jun. 2021 ))/ count )
=28.771/( (79.205+69.765)/ 2 )
=28.771/74.485
=0.39

Buddy Technologies's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=13.744/( (69.765+18.473)/ 2 )
=13.744/44.119
=0.31

* 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 0.31 mean?
Buddy Technologies (ASX:BUDOA) has a Asset Turnover of 0.31 as of Dec. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Buddy Technologies and its competitors.
Is Buddy Technologies' Asset Turnover too high?
Buddy Technologies' current Asset Turnover is 0.31.
How does Buddy Technologies' Asset Turnover compare to CYRNQ and SEII?
Buddy Technologies' Asset Turnover of 0.31 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Buddy Technologies and its competitors. Buddy Technologies's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buddy Technologies stock overvalued right now?
Buddy Technologies (ASX:BUDOA) has a current Asset Turnover of 0.31. The current Asset Turnover is 0.31. 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 Buddy Technologies (ASX:BUDOA), the current Asset Turnover is 0.31 as of Dec. 2021. 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.

Buddy Technologies Business Description

Address 12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).