Federal Screw Works (Federal Screw Works) Asset Turnover : 0.19 (As of Dec. 2004)

Federal Screw Works Asset Turnover Chart

Federal Screw Works Annual Data
	Trend	Jun95	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04
Asset Turnover		Get a 7-Day Free Trial					1.36	1.09	0.94	0.97	0.90

Federal Screw Works Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Asset Turnover	Get a 7-Day Free Trial															0.23	0.26	0.24	0.19	0.19

Competitive Comparison of Federal Screw Works's Asset Turnover

For the Tools & Accessories subindustry, Federal Screw Works'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.

Federal Screw Works's Asset Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Federal Screw Works's Asset Turnover falls into.

Federal Screw Works Asset Turnover Calculation

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

Federal Screw Works's Asset Turnover for the fiscal year that ended in Jun. 2004 is calculated as

Federal Screw Works's Asset Turnover for the quarter that ended in Dec. 2004 is calculated as

* 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.

Federal Screw Works  (OTCPK:FSCR) Asset Turnover Explanation

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

Federal Screw Works's annulized ROE % for the quarter that ended in Dec. 2004 is

Note: The Net Income data used here is four times the quarterly (Dec. 2004) net income data. The Revenue data used here is four times the quarterly (Dec. 2004) 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:

Federal Screw Works's annulized ROA % for the quarter that ended in Dec. 2004 is

Note: The Net Income data used here is four times the quarterly (Dec. 2004) net income data. The Revenue data used here is four times the quarterly (Dec. 2004) 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.

Federal Screw Works Asset Turnover Related Terms

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Federal Screw Works (Federal Screw Works) Business Description