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Blue Water Ventures International (Blue Water Ventures International) Asset Turnover : 0.17 (As of Mar. 2012)


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What is Blue Water Ventures International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Water Ventures International's Revenue for the three months ended in Mar. 2012 was $0.32 Mil. Blue Water Ventures International's Total Assets for the quarter that ended in Mar. 2012 was $1.88 Mil. Therefore, Blue Water Ventures International's Asset Turnover for the quarter that ended in Mar. 2012 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Water Ventures International's annualized ROE % for the quarter that ended in Mar. 2012 was 121.94%. It is also linked to ROA % through Du Pont Formula. Blue Water Ventures International's annualized ROA % for the quarter that ended in Mar. 2012 was 24.73%.


Blue Water Ventures International Asset Turnover Historical Data

The historical data trend for Blue Water Ventures International'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.

Blue Water Ventures International Asset Turnover Chart

Blue Water Ventures International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Asset Turnover
Get a 7-Day Free Trial 0.12 0.18 0.76 0.72 0.58

Blue Water Ventures International Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 0.10 0.14 0.14 0.21 0.17

Competitive Comparison of Blue Water Ventures International's Asset Turnover

For the Specialty Business Services subindustry, Blue Water Ventures International'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 Water Ventures International's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Blue Water Ventures International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Water Ventures International's Asset Turnover falls into.



Blue Water Ventures International Asset Turnover Calculation

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

Blue Water Ventures International's Asset Turnover for the fiscal year that ended in Dec. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=1.016/( (1.717+1.797)/ 2 )
=1.016/1.757
=0.58

Blue Water Ventures International's Asset Turnover for the quarter that ended in Mar. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=0.319/( (1.797+1.956)/ 2 )
=0.319/1.8765
=0.17

* 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.


Blue Water Ventures International  (OTCPK:BWVI) Asset Turnover Explanation

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

Blue Water Ventures International's annulized ROE % for the quarter that ended in Mar. 2012 is

ROE %**(Q: Mar. 2012 )
=Net Income/Total Stockholders Equity
=0.464/0.3805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.464 / 1.276)*(1.276 / 1.8765)*(1.8765/ 0.3805)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.36 %*0.68*4.9317
=ROA %*Equity Multiplier
=24.73 %*4.9317
=121.94 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) net income data. The Revenue data used here is four times the quarterly (Mar. 2012) 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 Water Ventures International's annulized ROA % for the quarter that ended in Mar. 2012 is

ROA %(Q: Mar. 2012 )
=Net Income/Total Assets
=0.464/1.8765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.464 / 1.276)*(1.276 / 1.8765)
=Net Margin %*Asset Turnover
=36.36 %*0.68
=24.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) net income data. The Revenue data used here is four times the quarterly (Mar. 2012) 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 Water Ventures International Asset Turnover Related Terms

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Blue Water Ventures International (Blue Water Ventures International) Business Description

Traded in Other Exchanges
N/A
Address
515 E. Las Olas Boulevard, Suite 120, Fort Lauderdale, FL, USA, 33301
Blue Water Ventures International Inc, through its subsidiary, is engaged in the archaeologically sensitive exploration, discovery and recovery of historical cultural artifacts, intrinsically valuable cargo and treasure from ocean shipwrecks. The company designs treasure and nautical-themed jewelry and re-creations with the part of treasure and artifacts that it has recovered in it. It also leases its crew and vessels to other entities involved in discovery and recovery from ocean shipwrecks. The firm markets its treasure and artifacts through auction houses, websites, retail and distribution outlets, and directly to the public.