GLUC (Glucose Health) Asset Turnover: 0.36 (As of Sep. 2023)

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GLUC Glucose Health Inc GLUC
38 GF Score
Price $0.39
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What is Glucose Health Asset Turnover?

Glucose Health GLUC 38 Asset Turnover is 0.36 as of Sep. 2023. GuruFocus rates GLUC with a GF Score™ of 38/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Glucose Health's Revenue for the three months ended in Sep. 2023 was $0.11 Mil. Glucose Health's Total Assets for the quarter that ended in Sep. 2023 was $0.53 Mil. Therefore, Glucose Health's Asset Turnover for the quarter that ended in Sep. 2023 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Glucose Health's annualized ROE % for the quarter that ended in Sep. 2023 was -48.15%. It is also linked to ROA % through Du Pont Formula. Glucose Health's annualized ROA % for the quarter that ended in Sep. 2023 was -45.81%.


Glucose Health  (OTCPK:GLUC) Asset Turnover Explanation

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

Glucose Health's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.24245600000074/0.503554
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.24245600000074 / 0.4592480000014)*(0.4592480000014 / 0.5292905)*(0.5292905/ 0.503554)
=Net Margin %*Asset Turnover*Equity Multiplier
=-52.79 %*0.8677*1.0511
=ROA %*Equity Multiplier
=-45.81 %*1.0511
=-48.15 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Glucose Health's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-0.24245600000074/0.5292905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.24245600000074 / 0.4592480000014)*(0.4592480000014 / 0.5292905)
=Net Margin %*Asset Turnover
=-52.79 %*0.8677
=-45.81 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Glucose Health Asset Turnover Related Terms


Glucose Health Asset Turnover Historical Data

* Premium members only.

The historical data trend for Glucose Health'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.

Glucose Health Asset Turnover Chart

Glucose Health Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.08 0.14 12.90

Glucose Health Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep22 Sep23
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 0.89 0.68 0.60 0.30 0.36

GLUC vs RTON, BDPT, SMFL: Asset Turnover Comparison

For the Packaged Foods subindustry, Glucose Health'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.


Glucose Health Asset Turnover vs Consumer Packaged Goods Industry

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

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


GLUC
38GF Score
Glucose Health Inc GLUC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Glucose Health Asset Turnover Calculation

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

Glucose Health's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0.31322900000114/( (0.015407+0.033145)/ 2 )
=0.31322900000114/0.024276
=12.90

Glucose Health's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.11481200000035/( (0.778844+0.279737)/ 2 )
=0.11481200000035/0.5292905
=0.22

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.36 mean?
Glucose Health (GLUC) has a Asset Turnover of 0.36 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Glucose Health and its competitors.
Is Glucose Health's Asset Turnover too high?
Glucose Health's current Asset Turnover is 0.36. Overall, Glucose Health has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Glucose Health's Asset Turnover compare to RTON and BDPT?
Glucose Health's Asset Turnover of 0.36 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Glucose Health and its competitors. Glucose Health's current Asset Turnover is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glucose Health stock overvalued right now?
Glucose Health (GLUC) has a current Asset Turnover of 0.36. The current Asset Turnover is 0.36. Glucose Health's overall GF Score™ is 38/100. 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 Glucose Health (GLUC), the current Asset Turnover is 0.36 as of Sep. 2023. 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.

Glucose Health Business Description

Address 609 SW 8th Street, Suite 600, 6th Floor, Bentonville, AR, USA, 72712
Glucose Health Inc is an own-label distributor of nutritional beverages. Its niche is the formulation, manufacturing, marketing, and distribution of soluble fiber-infused nutritional beverages. The Company has identified two underserved consumer markets and has launched two brands to serve these markets, which are GlucoDown and FIBER UP. The Company currently has one single operating and reporting segment, which is the manufacturing and distribution of nutritional beverages. It generates all of its revenue from sales of nutritional beverages. The beverages are sold through the Company's website as well as through retailers.
38GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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