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Comdisco Holding Co (Comdisco Holding Co) Asset Turnover : 0.00 (As of Sep. 2014)


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What is Comdisco Holding Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Comdisco Holding Co's Revenue for the three months ended in Sep. 2014 was $0.01 Mil. Comdisco Holding Co's Total Assets for the quarter that ended in Sep. 2014 was $37.70 Mil. Therefore, Comdisco Holding Co's Asset Turnover for the quarter that ended in Sep. 2014 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Comdisco Holding Co's annualized ROE % for the quarter that ended in Sep. 2014 was 3.06%. It is also linked to ROA % through Du Pont Formula. Comdisco Holding Co's annualized ROA % for the quarter that ended in Sep. 2014 was 2.04%.


Comdisco Holding Co Asset Turnover Historical Data

The historical data trend for Comdisco Holding Co'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.

Comdisco Holding Co Asset Turnover Chart

Comdisco Holding Co Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.01 0.01 0.05

Comdisco Holding Co Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - 0.04 - -

Competitive Comparison of Comdisco Holding Co's Asset Turnover

For the Conglomerates subindustry, Comdisco Holding Co'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.


Comdisco Holding Co's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Comdisco Holding Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Comdisco Holding Co's Asset Turnover falls into.



Comdisco Holding Co Asset Turnover Calculation

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

Comdisco Holding Co's Asset Turnover for the fiscal year that ended in Sep. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2014 )/( (Total Assets (A: Sep. 2013 )+Total Assets (A: Sep. 2014 ))/ count )
=1.755/( (38.304+37.438)/ 2 )
=1.755/37.871
=0.05

Comdisco Holding Co's Asset Turnover for the quarter that ended in Sep. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ count )
=0.011/( (37.956+37.438)/ 2 )
=0.011/37.697
=0.00

* 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.


Comdisco Holding Co  (OTCPK:CDCO) Asset Turnover Explanation

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

Comdisco Holding Co's annulized ROE % for the quarter that ended in Sep. 2014 is

ROE %**(Q: Sep. 2014 )
=Net Income/Total Stockholders Equity
=0.768/25.1175
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.768 / 0.044)*(0.044 / 37.697)*(37.697/ 25.1175)
=Net Margin %*Asset Turnover*Equity Multiplier
=1745.45 %*0.0012*1.5008
=ROA %*Equity Multiplier
=2.04 %*1.5008
=3.06 %

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

Comdisco Holding Co's annulized ROA % for the quarter that ended in Sep. 2014 is

ROA %(Q: Sep. 2014 )
=Net Income/Total Assets
=0.768/37.697
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.768 / 0.044)*(0.044 / 37.697)
=Net Margin %*Asset Turnover
=1745.45 %*0.0012
=2.04 %

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


Comdisco Holding Co Asset Turnover Related Terms

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


Comdisco Holding Co (Comdisco Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
Comdisco Holding Company, Inc. was formed on August 8, 2002 for the purpose of selling, collecting or otherwise reducing to money in an orderly manner the remaining assets of the Company and all of its direct and indirect subsidiaries, including Comdisco, Inc. Comdisco emerged from chapter 11 bankruptcy proceedings on August 12, 2002. Prior to the bankruptcy, Comdisco, Inc. provided technology services worldwide to help its customers maximize technology functionality, predictability, and availability, while freeing them from the complexity of managing their technology. Comdisco, Inc. offered leasing to key vertical industries, including semiconductor manufacturing and electronic assembly, healthcare, telecommunications, pharmaceutical, biotechnology and manufacturing. Through its Comdisco Ventures group, Comdisco, Inc. provided equipment leasing and other financing and services to venture capital-backed companies. The Company is engaged in selling, collecting or reducing its remaining assets to money as per its reorganization plan.
Executives
Michael J Leffell 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Kempner Partners Davidson 10 percent owner C/O MHD MANAGEMENT CO., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kempner Thomas L Jr 10 percent owner DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner International, Ltd. 10 percent owner C/O OFFSHORE INCORPORATION LTD, OFFSHORE, INCORPORATION CENTRE, POBOX 957, RD TOWN, TORTOLA D8 00000
Davidson Kempner Institutional Partners, L.p. 10 percent owner C/O DAVIDSON KEMPNER ADVISERS INC., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Anthony Alexander Yoseloff 10 percent owner DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
M.h. Davidson & Co. 10 percent owner 885 THIRD AVENUE, SUITE 3300, NEW YORK NY 10022
Stephen M Dowicz 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Timothy I Levart 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Scott E Davidson 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Brivio Robert J Jr 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Mhd Management Co 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Davidson Kempner Advisers Inc 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Davidson Kempner International Advisors Llc 10 percent owner C/O DAVIDSON KEMPNER PARTNERS, 885 THIRD AVE STE 3300, NEW YORK NY 10022
Eric Philip Epstein 10 percent owner C/O M.H. DAVIDSON & CO., L.L.C., 885 THIRD AVENUE, NEW YORK NY 10022

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