DCFCQ (Tritium DCFC) Asset Turnover: 0.39 (As of Jun. 2023)


DCFCQ Tritium DCFC Ltd DCFCQ
14 GF Score
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What is Tritium DCFC Asset Turnover?

Tritium DCFC DCFCQ -99.00% 14 Asset Turnover is 0.39 as of Jun. 2023. GuruFocus rates DCFCQ with a GF Score™ of 14/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tritium DCFC's Revenue for the six months ended in Jun. 2023 was $111.9 Mil. Tritium DCFC's Total Assets for the quarter that ended in Jun. 2023 was $286.7 Mil. Therefore, Tritium DCFC's Asset Turnover for the quarter that ended in Jun. 2023 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Tritium DCFC's annualized ROE % for the quarter that ended in Jun. 2023 was 112.77%. It is also linked to ROA % through Du Pont Formula. Tritium DCFC's annualized ROA % for the quarter that ended in Jun. 2023 was -45.41%.

Tritium DCFC  (OTCPK:DCFCQ) Asset Turnover Explanation

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

Tritium DCFC's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-130.198/-115.4505
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-130.198 / 223.8)*(223.8 / 286.7255)*(286.7255/ -115.4505)
=Net Margin %*Asset Turnover*Equity Multiplier
=-58.18 %*0.7805*-2.4835
=ROA %*Equity Multiplier
=-45.41 %*-2.4835
=112.77 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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:

Tritium DCFC's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-130.198/286.7255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-130.198 / 223.8)*(223.8 / 286.7255)
=Net Margin %*Asset Turnover
=-58.18 %*0.7805
=-45.41 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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.

Tritium DCFC Asset Turnover Related Terms

Tritium DCFC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tritium DCFC'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.

Tritium DCFC Asset Turnover Chart

Tritium DCFC Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Asset Turnover
0.69 0.72 0.57 0.76

Tritium DCFC Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Asset Turnover Get a 7-Day Free Trial 0.24 0.52 0.17 0.29 0.39

DCFCQ vs OESX, RFIL, EPOW: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Tritium DCFC'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.

Tritium DCFC Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tritium DCFC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tritium DCFC's Asset Turnover falls into.


DCFCQ
14GF Score
Tritium DCFC Ltd DCFCQ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tritium DCFC Asset Turnover Calculation

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

Tritium DCFC's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=184.544/( (211.998+275.176)/ 2 )
=184.544/243.587
=0.76

Tritium DCFC's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=111.9/( (298.275+275.176)/ 2 )
=111.9/286.7255
=0.39

* 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 0.39 mean?
Tritium DCFC (DCFCQ) has a Asset Turnover of 0.39 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tritium DCFC and its competitors.
Is Tritium DCFC's Asset Turnover too high?
Tritium DCFC's current Asset Turnover is 0.39. Overall, Tritium DCFC has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tritium DCFC's Asset Turnover compare to OESX and RFIL?
Tritium DCFC's Asset Turnover of 0.39 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Tritium DCFC and its competitors. Tritium DCFC's current Asset Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tritium DCFC stock overvalued right now?
Tritium DCFC (DCFCQ) has a current Asset Turnover of 0.39. The current Asset Turnover is 0.39. Tritium DCFC's overall GF Score™ is 14/100. 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 Tritium DCFC (DCFCQ), the current Asset Turnover is 0.39 as of Jun. 2023. 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.

Tritium DCFC Business Description

Address 48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172
Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.
14GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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