Commerce Energy Group (Commerce Energy Group) Asset Turnover : 0.00 (As of Apr. 2009)

Commerce Energy Group Asset Turnover Chart

Commerce Energy Group Annual Data
	Trend	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul07	Jul08
Asset Turnover		Get a 7-Day Free Trial				1.78	2.38	2.45	3.45	3.85

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Asset Turnover	Get a 7-Day Free Trial															0.99	1.26	0.81	-	-

Competitive Comparison of Commerce Energy Group's Asset Turnover

For the Utilities - Diversified subindustry, Commerce Energy Group'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.

Commerce Energy Group's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Commerce Energy Group's Asset Turnover falls into.

Commerce Energy Group Asset Turnover Calculation

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

Commerce Energy Group's Asset Turnover for the fiscal year that ended in Jul. 2008 is calculated as

Commerce Energy Group's Asset Turnover for the quarter that ended in Apr. 2009 is calculated as

* 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.

Commerce Energy Group  (OTCPK:CMNR) Asset Turnover Explanation

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

Commerce Energy Group's annulized ROE % for the quarter that ended in Apr. 2009 is

Note: The Net Income data used here is four times the quarterly (Apr. 2009) net income data. The Revenue data used here is four times the quarterly (Apr. 2009) 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:

Commerce Energy Group's annulized ROA % for the quarter that ended in Apr. 2009 is

Note: The Net Income data used here is four times the quarterly (Apr. 2009) net income data. The Revenue data used here is four times the quarterly (Apr. 2009) 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.

Commerce Energy Group Asset Turnover Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description