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Global Payment Technologies (Global Payment Technologies) Asset Turnover : 0.64 (As of Jun. 2008)


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What is Global Payment Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Payment Technologies's Revenue for the three months ended in Jun. 2008 was $3.81 Mil. Global Payment Technologies's Total Assets for the quarter that ended in Jun. 2008 was $5.93 Mil. Therefore, Global Payment Technologies's Asset Turnover for the quarter that ended in Jun. 2008 was 0.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Payment Technologies's annualized ROE % for the quarter that ended in Jun. 2008 was -115.08%. It is also linked to ROA % through Du Pont Formula. Global Payment Technologies's annualized ROA % for the quarter that ended in Jun. 2008 was -37.85%.


Global Payment Technologies Asset Turnover Historical Data

The historical data trend for Global Payment Technologies'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.

Global Payment Technologies Asset Turnover Chart

Global Payment Technologies Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.43 1.57 1.00 1.25

Global Payment Technologies Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 0.33 0.22 0.40 0.50 0.64

Competitive Comparison of Global Payment Technologies's Asset Turnover

For the Business Equipment & Supplies subindustry, Global Payment Technologies'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.


Global Payment Technologies's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Payment Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Payment Technologies's Asset Turnover falls into.



Global Payment Technologies Asset Turnover Calculation

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

Global Payment Technologies's Asset Turnover for the fiscal year that ended in Sep. 2007 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2007 )/( (Total Assets (A: Sep. 2006 )+Total Assets (A: Sep. 2007 ))/ count )
=11.602/( (11.765+6.802)/ 2 )
=11.602/9.2835
=1.25

Global Payment Technologies's Asset Turnover for the quarter that ended in Jun. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=3.809/( (6.001+5.857)/ 2 )
=3.809/5.929
=0.64

* 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.


Global Payment Technologies  (OTCPK:GPTX) Asset Turnover Explanation

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

Global Payment Technologies's annulized ROE % for the quarter that ended in Jun. 2008 is

ROE %**(Q: Jun. 2008 )
=Net Income/Total Stockholders Equity
=-2.244/1.95
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.244 / 15.236)*(15.236 / 5.929)*(5.929/ 1.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.73 %*2.5697*3.0405
=ROA %*Equity Multiplier
=-37.85 %*3.0405
=-115.08 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) 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:

Global Payment Technologies's annulized ROA % for the quarter that ended in Jun. 2008 is

ROA %(Q: Jun. 2008 )
=Net Income/Total Assets
=-2.244/5.929
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.244 / 15.236)*(15.236 / 5.929)
=Net Margin %*Asset Turnover
=-14.73 %*2.5697
=-37.85 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) net income data. The Revenue data used here is four times the quarterly (Jun. 2008) 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.


Global Payment Technologies Asset Turnover Related Terms

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Global Payment Technologies (Global Payment Technologies) Business Description

Traded in Other Exchanges
N/A
Address
170 Wilbur Place, Bohemia, NY, USA, 11716
Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.
Executives
Thomas Mcneill officer: Vice President, CFO & Secy 425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz 10 percent owner

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