Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dividend Select 15's Revenue for the
six
months ended in Nov. 2025 was $4.53 Mil. Dividend Select 15's Total Assets for the quarter that ended in Nov. 2025 was $34.38 Mil. Therefore, Dividend Select 15's Asset Turnover for the quarter that ended in Nov. 2025 was 0.13.
Asset Turnover is linked to ROE % through Du Pont Formula. Dividend Select 15's annualizedROE % for the quarter that ended in Nov. 2025 was 26.13%. It is also linked to ROA % through Du Pont Formula. Dividend Select 15's annualizedROA % for the quarter that ended in Nov. 2025 was 25.85%.
Note:
The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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:
Dividend Select 15's annulizedROA % for the quarter that ended in Nov. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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.
Dividend Select 15 Asset Turnover Related Terms
Dividend Select 15 Asset Turnover Historical Data
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The historical data trend for Dividend Select 15'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.
For the Asset Management subindustry, Dividend Select 15'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.
Dividend Select 15 Asset Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dividend Select 15's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Dividend Select 15's Asset Turnover falls into.
* 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.
Dividend Select 15 (DVVDF) has a Asset Turnover of 0.13 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dividend Select 15 and its competitors.
Is Dividend Select 15's Asset Turnover too high?
Dividend Select 15's current Asset Turnover is 0.13. Overall, Dividend Select 15 has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Select 15's Asset Turnover compare to BLK and BX?
Dividend Select 15's Asset Turnover of 0.13 can be compared against companies in the Asset Management 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 Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Dividend Select 15 and its competitors. Dividend Select 15's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Select 15 stock overvalued right now?
Dividend Select 15 (DVVDF) has a current Asset Turnover of 0.13. The current Asset Turnover is 0.13. Dividend Select 15's overall GF Score™ is 24/100 with 6 warning signs to review. 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 Dividend Select 15 (DVVDF), the current Asset Turnover is 0.13 as of Nov. 2025. 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.
Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.
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