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Global Sources (Global Sources) Asset Turnover : 0.00 (As of Dec. 2016)


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What is Global Sources 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 Sources's Revenue for the three months ended in Dec. 2016 was $0.0 Mil. Global Sources's Total Assets for the quarter that ended in Dec. 2016 was $270.2 Mil. Therefore, Global Sources's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Sources's annualized ROE % for the quarter that ended in Dec. 2016 was 0.00%. It is also linked to ROA % through Du Pont Formula. Global Sources's annualized ROA % for the quarter that ended in Dec. 2016 was 0.00%.


Global Sources Asset Turnover Historical Data

The historical data trend for Global Sources'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 Sources Asset Turnover Chart

Global Sources 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 0.79 0.55 0.55 0.59 0.59

Global Sources Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Dec16
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 0.20 0.08 0.23 0.08 -

Competitive Comparison of Global Sources's Asset Turnover

For the Specialty Business Services subindustry, Global Sources'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 Sources's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Sources's Asset Turnover distribution charts can be found below:

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



Global Sources Asset Turnover Calculation

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

Global Sources'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 )
=157.667/( (262.087+271.452)/ 2 )
=157.667/266.7695
=0.59

Global Sources's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (269.005+271.452)/ 2 )
=0/270.2285
=0.00

* 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 Sources  (NAS:GSOL) Asset Turnover Explanation

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

Global Sources's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=0/158.6285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 270.2285)*(270.2285/ 158.6285)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.7035
=ROA %*Equity Multiplier
=0.00 %*1.7035
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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 Sources's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=0/270.2285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 270.2285)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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 Sources Asset Turnover Related Terms

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Global Sources (Global Sources) Business Description

Traded in Other Exchanges
N/A
Address
Global Sources Ltd was incorporated in 1970. The Company is a B2B media company that provides information and integrated marketing services, with a focus on the Greater China market. The primary service includes creating and hosting marketing websites that present suppliers' product and company information in a consistent and searchable manner on GlobalSources.com. It also offers banner advertising and publish print and digital trade magazines, which consist of product advertisements from suppliers and independent editorial reports.The Company provides B2B media products and services to stimulate and streamline the marketing and sourcing processes of trade.

Global Sources (Global Sources) Headlines