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BZIC (Beamz Interactive) Asset Turnover : 0.12 (As of Dec. 2014)


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What is Beamz Interactive Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Beamz Interactive's Revenue for the three months ended in Dec. 2014 was $0.09 Mil. Beamz Interactive's Total Assets for the quarter that ended in Dec. 2014 was $0.71 Mil. Therefore, Beamz Interactive's Asset Turnover for the quarter that ended in Dec. 2014 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Beamz Interactive's annualized ROE % for the quarter that ended in Dec. 2014 was 65.30%. It is also linked to ROA % through Du Pont Formula. Beamz Interactive's annualized ROA % for the quarter that ended in Dec. 2014 was -485.90%.


Beamz Interactive Asset Turnover Historical Data

The historical data trend for Beamz Interactive'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.

Beamz Interactive Asset Turnover Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Asset Turnover
0.71 0.55 0.38 0.48

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.11 0.05 0.14 0.14 0.12

Competitive Comparison of Beamz Interactive's Asset Turnover

For the Consumer Electronics subindustry, Beamz Interactive'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.


Beamz Interactive's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Asset Turnover distribution charts can be found below:

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



Beamz Interactive Asset Turnover Calculation

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

Beamz Interactive's Asset Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2014 )/( (Total Assets (A: Jun. 2013 )+Total Assets (A: Jun. 2014 ))/ count )
=0.363/( (0.955+0.547)/ 2 )
=0.363/0.751
=0.48

Beamz Interactive's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=0.087/( (0.874+0.537)/ 2 )
=0.087/0.7055
=0.12

* 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.


Beamz Interactive  (OTCPK:BZIC) Asset Turnover Explanation

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

Beamz Interactive's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-3.428/-5.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.428 / 0.348)*(0.348 / 0.7055)*(0.7055/ -5.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=-985.06 %*0.4933*-0.1344
=ROA %*Equity Multiplier
=-485.90 %*-0.1344
=65.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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:

Beamz Interactive's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-3.428/0.7055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.428 / 0.348)*(0.348 / 0.7055)
=Net Margin %*Asset Turnover
=-985.06 %*0.4933
=-485.90 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) net income data. The Revenue data used here is four times the quarterly (Dec. 2014) 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.


Beamz Interactive Asset Turnover Related Terms

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Beamz Interactive Business Description

Traded in Other Exchanges
N/A
Address
15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.