AVX (AVAX One Technology) Asset Turnover: 0.01 (As of Mar. 2026)

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AVX AVAX One Technology Ltd AVX
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What is AVAX One Technology Asset Turnover?

AVAX One Technology AVX -5.84% 30 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates AVX with a GF Score™ of 30/100. The stock has 6 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. AVAX One Technology's Revenue for the three months ended in Mar. 2026 was $2.51 Mil. AVAX One Technology's Total Assets for the quarter that ended in Mar. 2026 was $176.03 Mil. Therefore, AVAX One Technology's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. AVAX One Technology's annualized ROE % for the quarter that ended in Mar. 2026 was -112.54%. It is also linked to ROA % through Du Pont Formula. AVAX One Technology's annualized ROA % for the quarter that ended in Mar. 2026 was -105.42%.


AVAX One Technology  (NAS:AVX) Asset Turnover Explanation

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

AVAX One Technology's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-185.564/164.881
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-185.564 / 10.044)*(10.044 / 176.0275)*(176.0275/ 164.881)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1847.51 %*0.0571*1.0676
=ROA %*Equity Multiplier
=-105.42 %*1.0676
=-112.54 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

AVAX One Technology's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-185.564/176.0275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-185.564 / 10.044)*(10.044 / 176.0275)
=Net Margin %*Asset Turnover
=-1847.51 %*0.0571
=-105.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


AVAX One Technology Asset Turnover Related Terms


AVAX One Technology Asset Turnover Historical Data

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The historical data trend for AVAX One 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.

AVAX One Technology Asset Turnover Chart

AVAX One Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.02

AVAX One Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.03 0.01 0.01

AVX vs AZIO, SKKY, CLOQ: Asset Turnover Comparison

For the Software - Infrastructure subindustry, AVAX One 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.


AVAX One Technology Asset Turnover vs Software Industry

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

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


AVX
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AVAX One Technology Ltd AVX
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AVAX One Technology Asset Turnover Calculation

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

AVAX One Technology's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2.341/( (10.764+194.965)/ 2 )
=2.341/102.8645
=0.02

AVAX One Technology's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.511/( (194.965+157.09)/ 2 )
=2.511/176.0275
=0.01

* 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 0.01 mean?
AVAX One Technology (AVX) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on AVAX One Technology and its competitors.
Is AVAX One Technology's Asset Turnover too high?
AVAX One Technology's current Asset Turnover is 0.01. Overall, AVAX One Technology has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does AVAX One Technology's Asset Turnover compare to AZIO and SKKY?
AVAX One Technology's Asset Turnover of 0.01 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 AVAX One Technology and its competitors. AVAX One Technology's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX One Technology stock overvalued right now?
AVAX One Technology (AVX) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. AVAX One Technology's overall GF Score™ is 30/100 with 6 warning signs to review. 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 AVAX One Technology (AVX), the current Asset Turnover is 0.01 as of Mar. 2026. 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.

AVAX One Technology Business Description

Address 525 West 8th Avenue, Suite 800, Vancouver, BC, CAN, V5Z 1C6
AVAX One Technology Ltd is a digital infrastructure company focused on digital asset and computing infrastructure. The Company builds modular data centers in regions with access to energy resources, using behind-the-meter generation and microgrid design to provide compute capacity for AI and high-performance computing (HPC) workloads. In addition, the company mines Bitcoin in Alberta and Ohio, operating at a hashrate of approximately 300 PH/s. The Company also maintains an Avalanche digital asset treasury, accumulating AVAX and generating onchain yield through native staking and ecosystem participation.
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