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BB Liquidating (BB Liquidating) Asset Turnover : 0.67 (As of Dec. 2010)


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What is BB Liquidating Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BB Liquidating's Revenue for the three months ended in Dec. 2010 was $776 Mil. BB Liquidating's Total Assets for the quarter that ended in Dec. 2010 was $1,153 Mil. Therefore, BB Liquidating's Asset Turnover for the quarter that ended in Dec. 2010 was 0.67.

Asset Turnover is linked to ROE % through Du Pont Formula. BB Liquidating's annualized ROE % for the quarter that ended in Dec. 2010 was 61.61%. It is also linked to ROA % through Du Pont Formula. BB Liquidating's annualized ROA % for the quarter that ended in Dec. 2010 was -27.90%.


BB Liquidating Asset Turnover Historical Data

The historical data trend for BB Liquidating'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.

BB Liquidating Asset Turnover Chart

BB Liquidating Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.89 2.07 2.19 2.38

BB Liquidating Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.63 0.66 0.64 0.65 0.67

Competitive Comparison of BB Liquidating's Asset Turnover

For the Entertainment subindustry, BB Liquidating'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.


BB Liquidating's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BB Liquidating's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BB Liquidating's Asset Turnover falls into.



BB Liquidating Asset Turnover Calculation

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

BB Liquidating's Asset Turnover for the fiscal year that ended in Dec. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2010 )/( (Total Assets (A: Dec. 2009 )+Total Assets (A: Dec. 2010 ))/ count )
=3240.7/( (1538.3+1183.5)/ 2 )
=3240.7/1360.9
=2.38

BB Liquidating's Asset Turnover for the quarter that ended in Dec. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2010 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Dec. 2010 ))/ count )
=776.4/( (1122+1183.5)/ 2 )
=776.4/1152.75
=0.67

* 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.


BB Liquidating  (OTCPK:BLIAQ) Asset Turnover Explanation

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

BB Liquidating's annulized ROE % for the quarter that ended in Dec. 2010 is

ROE %**(Q: Dec. 2010 )
=Net Income/Total Stockholders Equity
=-321.6/-522
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-321.6 / 3105.6)*(3105.6 / 1152.75)*(1152.75/ -522)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.36 %*2.6941*-2.2083
=ROA %*Equity Multiplier
=-27.90 %*-2.2083
=61.61 %

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

BB Liquidating's annulized ROA % for the quarter that ended in Dec. 2010 is

ROA %(Q: Dec. 2010 )
=Net Income/Total Assets
=-321.6/1152.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-321.6 / 3105.6)*(3105.6 / 1152.75)
=Net Margin %*Asset Turnover
=-10.36 %*2.6941
=-27.90 %

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


BB Liquidating Asset Turnover Related Terms

Thank you for viewing the detailed overview of BB Liquidating's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


BB Liquidating (BB Liquidating) Business Description

Traded in Other Exchanges
N/A
Address
2100 Ross Avenue, Suite 2100, Dallas, TX, USA, 75201
BB Liquidating, Inc. formerly Blockbuster, Inc. and its subsidiaries operate and franchise entertainment-related stores in the United States and a number of other countries.
Executives
Dennis Mcgill officer: EVP & CFO 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
James W Keyes director, officer: Chairman & CEO 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Jules Haimovitz director 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Edward Bleier director P.O. BOX 91123, SEATTLE WA 98111-9223
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Hopper Investments Llc other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Capital Lp other: no longer a 10% holder 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iph Gp Llc other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Onshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Offshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises G.p. Inc. other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p. other: no longer a 10% holder 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Barberry Corp /ny/ other: no longer a 10% holder 16630 COLLINS AVENUE, PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

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