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DPLS (DarkPulse) Asset Turnover : 0.01 (As of Sep. 2024)


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What is DarkPulse Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DarkPulse's Revenue for the three months ended in Sep. 2024 was $0.03 Mil. DarkPulse's Total Assets for the quarter that ended in Sep. 2024 was $2.77 Mil. Therefore, DarkPulse's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. DarkPulse's annualized ROE % for the quarter that ended in Sep. 2024 was 11.29%. It is also linked to ROA % through Du Pont Formula. DarkPulse's annualized ROA % for the quarter that ended in Sep. 2024 was -85.33%.


DarkPulse Asset Turnover Historical Data

The historical data trend for DarkPulse'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.

DarkPulse Asset Turnover Chart

DarkPulse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.32 0.16

DarkPulse Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.01 - - - 0.01

Competitive Comparison of DarkPulse's Asset Turnover

For the Scientific & Technical Instruments subindustry, DarkPulse'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.


DarkPulse's Asset Turnover Distribution in the Hardware Industry

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

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



DarkPulse Asset Turnover Calculation

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

DarkPulse's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2.021/( (22.039+4.112)/ 2 )
=2.021/13.0755
=0.15

DarkPulse's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.031/( (2.542+2.999)/ 2 )
=0.031/2.7705
=0.01

* 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.


DarkPulse  (OTCPK:DPLS) Asset Turnover Explanation

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

DarkPulse's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-2.364/-20.9305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.364 / 0.124)*(0.124 / 2.7705)*(2.7705/ -20.9305)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1906.45 %*0.0448*-0.1324
=ROA %*Equity Multiplier
=-85.33 %*-0.1324
=11.29 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

DarkPulse's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-2.364/2.7705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.364 / 0.124)*(0.124 / 2.7705)
=Net Margin %*Asset Turnover
=-1906.45 %*0.0448
=-85.33 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


DarkPulse Asset Turnover Related Terms

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


DarkPulse Business Description

Traded in Other Exchanges
N/A
Address
815 Walker Street, Suite 1155, Houston, TX, USA, 77002
DarkPulse Inc is a technology-security company. It offers industries and government a full suite of engineering, installation, and security management solutions. The company's patented BOTDA dark-pulse sensor technology allows for the monitoring of dynamic environments due to its greater resolution and accuracy. It provides a comprehensive data stream of critical metrics for assessing the health and security of infrastructures by detecting wall deformation, corrosion, pressure, strain, & temperature from sensor data collected in real time. DarkPulse products have applications in the following sectors: structural monitoring, temperature sensing, security & defense, and others. Geographically, the company generates key revenue from the United Kingdom and the rest from North America.
Executives
Dennis M O'leary director, officer: CEO 350 5TH AVENUE, 59TH FLOOR, NEW YORK NY 10018
Stephen Goodman officer: Chief Financial Officer C/O DARKPULSE, INC., 350 5TH AVE, 59TH FLOOR, NEW YORK NY 10118
Thomas A Cellucci director, officer: Co-Chief Executive Officer C/O DARKPULSE, INC., 350 5TH AVE, 59TH FLOOR, NEW YORK NY 10118
Mark Banash officer: Chief Technology Officer 350 5TH AVENUE, 59TH FLOOR, NEW YORK NY 10018
Psf Inc 10 percent owner
William C Bailey director 101 PARKSSHIRE DR, FOLSOM CA 95630
Michael L Mills director
Richard J Trout director 20775 RUSSELL DRIVE, RIVERSIDE CA 92508
D Paul Smith director, officer: CFO 747 W SHENINGHAM CT, FARMINGTON UT 84025
William J Dupre officer: President/COO 929 WEARDHERBEE AVE, DOWNERS GROVE IL 60516

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