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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Flowerkist Skin Caresmetics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Flowerkist Skin Caresmetics's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Flowerkist Skin Caresmetics's Total Assets for the quarter that ended in Sep. 2022 was $0.00 Mil. Therefore, Flowerkist Skin Caresmetics's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Flowerkist Skin Caresmetics's annualized ROE % for the quarter that ended in Sep. 2022 was 203.17%. It is also linked to ROA % through Du Pont Formula. Flowerkist Skin Caresmetics's annualized ROA % for the quarter that ended in Sep. 2022 was %.


Flowerkist Skin Caresmetics Asset Turnover Historical Data

The historical data trend for Flowerkist Skin Caresmetics'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.

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Flowerkist Skin Caresmetics Asset Turnover Chart

Flowerkist Skin Caresmetics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21
Asset Turnover
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Flowerkist Skin Caresmetics Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Jul16 Jul17 Jul18 Jul19 Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Flowerkist Skin Caresmetics's Asset Turnover

For the Household & Personal Products subindustry, Flowerkist Skin Caresmetics'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.


Flowerkist Skin Caresmetics's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowerkist Skin Caresmetics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Flowerkist Skin Caresmetics's Asset Turnover falls into.



Flowerkist Skin Caresmetics Asset Turnover Calculation

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

Flowerkist Skin Caresmetics's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Jul. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (0+0)/ 1 )
=/0
=

Flowerkist Skin Caresmetics's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0+0)/ 1 )
=0/0
=

* 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.


Flowerkist Skin Caresmetics  (OTCPK:FKST) Asset Turnover Explanation

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

Flowerkist Skin Caresmetics's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-0.064/-0.0315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.064 / 0)*(0 / 0)*(0/ -0.0315)
=Net Margin %*Asset Turnover*Equity Multiplier
= %**0
=ROA %*Equity Multiplier
= %*0
=203.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Flowerkist Skin Caresmetics's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-0.064/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.064 / 0)*(0 / 0)
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Flowerkist Skin Caresmetics Asset Turnover Related Terms

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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1117 State Street, Santa Barbara, CA, USA, 93101
Flowerkist Skin Care & Cosmetics Inc is involved in the Development and contract manufacturing of CBD (0% THC) infused skincare and cosmetics. Marketing and selling these products through various online and targeted channels including Medical SPAs.

Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Headlines

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