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BroadVision (BroadVision) Asset Turnover : 0.13 (As of Sep. 2019)


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What is BroadVision Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BroadVision's Revenue for the three months ended in Sep. 2019 was $0.71 Mil. BroadVision's Total Assets for the quarter that ended in Sep. 2019 was $5.55 Mil. Therefore, BroadVision's Asset Turnover for the quarter that ended in Sep. 2019 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. BroadVision's annualized ROE % for the quarter that ended in Sep. 2019 was 369.76%. It is also linked to ROA % through Du Pont Formula. BroadVision's annualized ROA % for the quarter that ended in Sep. 2019 was 119.89%.


BroadVision Asset Turnover Historical Data

The historical data trend for BroadVision'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.

BroadVision Asset Turnover Chart

BroadVision Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.26 0.29 0.37 0.64

BroadVision Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.11 0.44 0.18 0.14 0.13

Competitive Comparison of BroadVision's Asset Turnover

For the Software - Application subindustry, BroadVision'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.


BroadVision's Asset Turnover Distribution in the Software Industry

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

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



BroadVision Asset Turnover Calculation

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

BroadVision's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=5.051/( (11.979+3.853)/ 2 )
=5.051/7.916
=0.64

BroadVision's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0.708/( (5.51+5.587)/ 2 )
=0.708/5.5485
=0.13

* 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.


BroadVision  (NAS:BVSN) Asset Turnover Explanation

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

BroadVision's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=6.652/1.799
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.652 / 2.832)*(2.832 / 5.5485)*(5.5485/ 1.799)
=Net Margin %*Asset Turnover*Equity Multiplier
=234.89 %*0.5104*3.0842
=ROA %*Equity Multiplier
=119.89 %*3.0842
=369.76 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:

BroadVision's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=6.652/5.5485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.652 / 2.832)*(2.832 / 5.5485)
=Net Margin %*Asset Turnover
=234.89 %*0.5104
=119.89 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.


BroadVision Asset Turnover Related Terms

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


BroadVision (BroadVision) Business Description

Traded in Other Exchanges
N/A
Address
460 Seaport Court, Suite 102, Redwood City, CA, USA, 94063
BroadVision Inc is a provider of social business solutions. It develops, markets, and supports enterprise portal applications. The company offers a robust framework for secure, mobile and cloud-based collaboration, information sharing, and knowledge management. It operates through the electronic commerce business solutions segment. Its software solutions include Business Agility Suite, Commerce Agility Suite, Clearvale, Clear, QuickSilver and Vmoso. The reportable segment includes facilities in North and South America, Europe, the Asia Pacific and the Middle East. The Americas contribute to the vast majority of total revenue.
Executives
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Pehong Chen director, officer: CEO and Interim CFO 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Roderick C Mcgeary director 1421 MCCRTHY BLVD, MILPITAS CA 95035
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
David L Anderson director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Boon Hwee Koh director C/O AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051

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