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DSS (DSS) Asset Turnover : 0.04 (As of Sep. 2024)


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What is DSS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DSS's Revenue for the three months ended in Sep. 2024 was $5.60 Mil. DSS's Total Assets for the quarter that ended in Sep. 2024 was $143.55 Mil. Therefore, DSS's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. DSS's annualized ROE % for the quarter that ended in Sep. 2024 was -39.39%. It is also linked to ROA % through Du Pont Formula. DSS's annualized ROA % for the quarter that ended in Sep. 2024 was -14.72%.


DSS Asset Turnover Historical Data

The historical data trend for DSS'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.

DSS Asset Turnover Chart

DSS 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 0.88 0.27 0.11 0.11 0.13

DSS 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 0.02 0.04 0.03 0.03 0.04

Competitive Comparison of DSS's Asset Turnover

For the Packaging & Containers subindustry, DSS'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.


DSS's Asset Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, DSS's Asset Turnover distribution charts can be found below:

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



DSS Asset Turnover Calculation

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

DSS'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 )
=25.933/( (248.915+153.192)/ 2 )
=25.933/201.0535
=0.13

DSS'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 )
=5.599/( (144.448+142.657)/ 2 )
=5.599/143.5525
=0.04

* 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.


DSS  (AMEX:DSS) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-21.132/53.6465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21.132 / 22.396)*(22.396 / 143.5525)*(143.5525/ 53.6465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-94.36 %*0.156*2.6759
=ROA %*Equity Multiplier
=-14.72 %*2.6759
=-39.39 %

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:

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-21.132/143.5525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-21.132 / 22.396)*(22.396 / 143.5525)
=Net Margin %*Asset Turnover
=-94.36 %*0.156
=-14.72 %

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.


DSS Asset Turnover Related Terms

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


DSS Business Description

Traded in Other Exchanges
N/A
Address
275 Wiregrass Parkway, Henrietta, NY, USA, 14586
DSS Inc is operating a business focused on Five operating segments Product Packaging, Biotechnology, Commercial Lending, Securities and Investment Management, and Direct Marketing. Currently operates five distinct business lines operate around the globe with primary operations in North America and Asia.
Executives
Chan Heng Fai Ambrose director 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Lim Sheng Hon Danny director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Alset International Ltd 10 percent owner 10 WINSTEDT ROAD #02-02, SINGAPORE U0 227977
Hiu Pan Wong director RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Todd D Macko officer: Interim CFO C/O 200 CANAL VIEW BLVD., SUITE 104, ROCHESTER NY 14623
Tung Moe Chan director 1601 BLAKE ST, SUITE 310, DENVER CO 80202
Global Biomedical Pte. Ltd. 10 percent owner 7 TEMASEK BOULEVARD #29-01B, SUNTEC TOWER ONE, SINGAPORE U0 038987
Sassuan (samson) Lee director 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14623
Jose Escudero director 200 CANAL VIEW BOULEVARD, SUITE 300, ROCHESTER NY 14623
Jason Grady officer: Chief Operating Officer 1093 CARRINGTON WAY, VICTOR NY 14564
Joseph L. Sanders director C/O DOCUMENT SECURITY SYSTEMS, INC., 28 EAST MAIN STREET, SUITE 1525, ROCHESTER NY 14614
John Thatch director C/O SHARING SERVICES, INC., 1701 COIT ROAD, SUITE 100, PLANO TX 75075
Stanley V. Grisham director 2 CRESTED CLOUD CT., THE WOODLANDS TX 77380

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