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GRUSF (Grown Rogue International) Asset Turnover : 0.18 (As of Sep. 2024)


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What is Grown Rogue International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Grown Rogue International's Revenue for the three months ended in Sep. 2024 was $6.99 Mil. Grown Rogue International's Total Assets for the quarter that ended in Sep. 2024 was $39.91 Mil. Therefore, Grown Rogue International's Asset Turnover for the quarter that ended in Sep. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Grown Rogue International's annualized ROE % for the quarter that ended in Sep. 2024 was -28.67%. It is also linked to ROA % through Du Pont Formula. Grown Rogue International's annualized ROA % for the quarter that ended in Sep. 2024 was -8.00%.


Grown Rogue International Asset Turnover Historical Data

The historical data trend for Grown Rogue International'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.

Grown Rogue International Asset Turnover Chart

Grown Rogue International Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.66 1.27 1.04 1.16

Grown Rogue International Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24
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 0.27 0.23 0.19 0.20 0.18

Competitive Comparison of Grown Rogue International's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Grown Rogue International'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.


Grown Rogue International's Asset Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grown Rogue International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Grown Rogue International's Asset Turnover falls into.


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Grown Rogue International Asset Turnover Calculation

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

Grown Rogue International's Asset Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2022 )/( (Total Assets (A: Oct. 2021 )+Total Assets (A: Oct. 2022 ))/ count )
=17.757/( (14.208+16.371)/ 2 )
=17.757/15.2895
=1.16

Grown Rogue International's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=6.993/( (38.492+41.33)/ 2 )
=6.993/39.911
=0.18

* 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.


Grown Rogue International  (OTCPK:GRUSF) Asset Turnover Explanation

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

Grown Rogue International's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-3.192/11.133
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.192 / 27.972)*(27.972 / 39.911)*(39.911/ 11.133)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.41 %*0.7009*3.5849
=ROA %*Equity Multiplier
=-8.00 %*3.5849
=-28.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Grown Rogue International's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-3.192/39.911
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.192 / 27.972)*(27.972 / 39.911)
=Net Margin %*Asset Turnover
=-11.41 %*0.7009
=-8.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Grown Rogue International Asset Turnover Related Terms

Thank you for viewing the detailed overview of Grown Rogue International's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Grown Rogue International Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is engaged in the business of growing and selling cannabis products. Its primary cannabis product produced and sold is cannabis flower. Geographically, the company generates a majority of its revenue from the United States.
Executives
Joshua Rosen 10 percent owner 207 SOUTH 9TH STREET, MINNEAPOLIS MN 55402
Bengal Catalyst Fund Lp 10 percent owner 6608 E 2ND STREET, SCOTTSDALE AZ 85251
Bengal Impact Partners, Llc 10 percent owner 6608 E. 2ND ST., SCOTTSDALE AZ 85251
Sanjay Tolia 10 percent owner 6608 E. 2ND ST., SCOTTSDALE AZ 85251

Grown Rogue International Headlines

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