CDTI (CDTi Advanced Materials) Asset Turnover: 0.27 (As of Sep. 2018)


What is CDTi Advanced Materials Asset Turnover?

CDTi Advanced Materials CDTI Asset Turnover is 0.27 as of Sep. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CDTi Advanced Materials's Revenue for the three months ended in Sep. 2018 was $2.03 Mil. CDTi Advanced Materials's Total Assets for the quarter that ended in Sep. 2018 was $7.53 Mil. Therefore, CDTi Advanced Materials's Asset Turnover for the quarter that ended in Sep. 2018 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. CDTi Advanced Materials's annualized ROE % for the quarter that ended in Sep. 2018 was -212.82%. It is also linked to ROA % through Du Pont Formula. CDTi Advanced Materials's annualized ROA % for the quarter that ended in Sep. 2018 was -74.76%.


CDTi Advanced Materials  (OTCPK:CDTI) Asset Turnover Explanation

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

CDTi Advanced Materials's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=-5.628/2.6445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.628 / 8.1)*(8.1 / 7.5285)*(7.5285/ 2.6445)
=Net Margin %*Asset Turnover*Equity Multiplier
=-69.48 %*1.0759*2.8469
=ROA %*Equity Multiplier
=-74.76 %*2.8469
=-212.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

CDTi Advanced Materials's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=-5.628/7.5285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.628 / 8.1)*(8.1 / 7.5285)
=Net Margin %*Asset Turnover
=-69.48 %*1.0759
=-74.76 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


CDTi Advanced Materials Asset Turnover Related Terms


CDTi Advanced Materials Asset Turnover Historical Data

* Premium members only.

The historical data trend for CDTi Advanced Materials'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.

CDTi Advanced Materials Asset Turnover Chart

CDTi Advanced Materials Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.47 1.51 1.48 1.59

CDTi Advanced Materials Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.23 1.38 0.46 0.27 0.27

CDTI vs CSHEF, AMTY, OMTK: Asset Turnover Comparison

For the Auto Parts subindustry, CDTi Advanced Materials'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.


CDTi Advanced Materials Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CDTi Advanced Materials's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CDTi Advanced Materials's Asset Turnover falls into.



CDTi Advanced Materials Asset Turnover Calculation

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

CDTi Advanced Materials's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=28.353/( (24.83+10.814)/ 2 )
=28.353/17.822
=1.59

CDTi Advanced Materials's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=2.025/( (7.294+7.763)/ 2 )
=2.025/7.5285
=0.27

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.27 mean?
CDTi Advanced Materials (CDTI) has a Asset Turnover of 0.27 as of Sep. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CDTi Advanced Materials and its competitors.
Is CDTi Advanced Materials' Asset Turnover too high?
CDTi Advanced Materials' current Asset Turnover is 0.27.
How does CDTi Advanced Materials' Asset Turnover compare to CSHEF and AMTY?
CDTi Advanced Materials' Asset Turnover of 0.27 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CDTi Advanced Materials and its competitors. CDTi Advanced Materials's current Asset Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDTi Advanced Materials stock overvalued right now?
CDTi Advanced Materials (CDTI) has a current Asset Turnover of 0.27. The current Asset Turnover is 0.27. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For CDTi Advanced Materials (CDTI), the current Asset Turnover is 0.27 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CDTi Advanced Materials Business Description

Address 1641 Fiske Place, Oxnard, CA, USA, 93033
CDTi Advanced Materials Inc is a catalyst and coating technology company. It provides catalyst and catalyst coating products and services to a broad array of end user markets. Its products are used by customers to reduce emissions, increase fuel efficiency and to support the development of decarbonization technologies. It is active in three main business areas Emission systems includes diesel particulate filters (DPF) and diesel oxidation catalysts, Fuel Borne Catalyst includes a range of fuel additive products for on and offroad vehicles and equipment powered by diesel engines. CDTi sells its FBC products to distributors both as CDTi branded products and as private label products.