BGEM (Blue Gem Enterprise) Asset Turnover: 1.04 (As of Aug. 2010)


What is Blue Gem Enterprise Asset Turnover?

Blue Gem Enterprise BGEM -98.75% Asset Turnover is 1.04 as of Aug. 2010.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Gem Enterprise's Revenue for the three months ended in Aug. 2010 was $0.72 Mil. Blue Gem Enterprise's Total Assets for the quarter that ended in Aug. 2010 was $0.69 Mil. Therefore, Blue Gem Enterprise's Asset Turnover for the quarter that ended in Aug. 2010 was 1.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Gem Enterprise's annualized ROE % for the quarter that ended in Aug. 2010 was -312.39%. It is also linked to ROA % through Du Pont Formula. Blue Gem Enterprise's annualized ROA % for the quarter that ended in Aug. 2010 was -180.48%.

Blue Gem Enterprise  (OTCPK:BGEM) Asset Turnover Explanation

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

Blue Gem Enterprise's annulized ROE % for the quarter that ended in Aug. 2010 is

ROE %**(Q: Aug. 2010 )
=Net Income/Total Stockholders Equity
=-1.248/0.3995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.248 / 2.876)*(2.876 / 0.6915)*(0.6915/ 0.3995)
=Net Margin %*Asset Turnover*Equity Multiplier
=-43.39 %*4.1591*1.7309
=ROA %*Equity Multiplier
=-180.48 %*1.7309
=-312.39 %

Note: The Net Income data used here is four times the quarterly (Aug. 2010) net income data. The Revenue data used here is four times the quarterly (Aug. 2010) 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:

Blue Gem Enterprise's annulized ROA % for the quarter that ended in Aug. 2010 is

ROA %(Q: Aug. 2010 )
=Net Income/Total Assets
=-1.248/0.6915
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.248 / 2.876)*(2.876 / 0.6915)
=Net Margin %*Asset Turnover
=-43.39 %*4.1591
=-180.48 %

Note: The Net Income data used here is four times the quarterly (Aug. 2010) net income data. The Revenue data used here is four times the quarterly (Aug. 2010) 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.

Blue Gem Enterprise Asset Turnover Related Terms

Blue Gem Enterprise Asset Turnover Historical Data

* Premium members only.

The historical data trend for Blue Gem Enterprise'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.

Blue Gem Enterprise Asset Turnover Chart

Blue Gem Enterprise Annual Data
Trend May08 May09 May10
Asset Turnover
0.00 0.00 0.99

Blue Gem Enterprise Quarterly Data
Aug07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.51 1.04

BGEM vs BEVS, MOJO, LBIX: Asset Turnover Comparison

For the Beverages - Non-Alcoholic subindustry, Blue Gem Enterprise'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.

Blue Gem Enterprise Asset Turnover vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Blue Gem Enterprise's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Gem Enterprise's Asset Turnover falls into.


Blue Gem Enterprise Asset Turnover Calculation

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

Blue Gem Enterprise's Asset Turnover for the fiscal year that ended in May. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2010 )/( (Total Assets (A: May. 2009 )+Total Assets (A: May. 2010 ))/ count )
=0.133/( (0.008+0.261)/ 2 )
=0.133/0.1345
=0.99

Blue Gem Enterprise's Asset Turnover for the quarter that ended in Aug. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2010 )/( (Total Assets (Q: May. 2010 )+Total Assets (Q: Aug. 2010 ))/ count )
=0.719/( (0.261+1.122)/ 2 )
=0.719/0.6915
=1.04

* 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 1.04 mean?
Blue Gem Enterprise (BGEM) has a Asset Turnover of 1.04 as of Aug. 2010. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Blue Gem Enterprise and its competitors.
Is Blue Gem Enterprise's Asset Turnover too high?
Blue Gem Enterprise's current Asset Turnover is 1.04.
How does Blue Gem Enterprise's Asset Turnover compare to BEVS and MOJO?
Blue Gem Enterprise's Asset Turnover of 1.04 can be compared against companies in the Beverages - Non-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 - Non-Alcoholic company?
A good Asset Turnover depends on the Beverages - Non-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 Blue Gem Enterprise and its competitors. Blue Gem Enterprise's current Asset Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gem Enterprise stock overvalued right now?
Blue Gem Enterprise (BGEM) has a current Asset Turnover of 1.04. The current Asset Turnover is 1.04. 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 Blue Gem Enterprise (BGEM), the current Asset Turnover is 1.04 as of Aug. 2010. 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.

Blue Gem Enterprise Business Description

Address 12805 N. W. 42 Avenue, Opa-locka, FL, USA, 33054
Blue Gem Enterprise focuses on operating as a full-service direct store beverage distribution company. The company expects to manage and distribute select allied brands with beverage manufacturers. It is competing in all areas of the non-alcoholic beverage industry including; ice teas, juices, waters, shots, carbonated soft drinks, and more.