HAUP (Hauppauge Digital) Asset Turnover: 0.37 (As of Mar. 2014)


What is Hauppauge Digital Asset Turnover?

Hauppauge Digital HAUP Asset Turnover is 0.37 as of Mar. 2014.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hauppauge Digital's Revenue for the three months ended in Mar. 2014 was $5.85 Mil. Hauppauge Digital's Total Assets for the quarter that ended in Mar. 2014 was $15.77 Mil. Therefore, Hauppauge Digital's Asset Turnover for the quarter that ended in Mar. 2014 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. Hauppauge Digital's annualized ROE % for the quarter that ended in Mar. 2014 was 95.49%. It is also linked to ROA % through Du Pont Formula. Hauppauge Digital's annualized ROA % for the quarter that ended in Mar. 2014 was -16.23%.

Hauppauge Digital  (OTCPK:HAUP) Asset Turnover Explanation

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

Hauppauge Digital's annulized ROE % for the quarter that ended in Mar. 2014 is

ROE %**(Q: Mar. 2014 )
=Net Income/Total Stockholders Equity
=-2.56/-2.681
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.56 / 23.392)*(23.392 / 15.7725)*(15.7725/ -2.681)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.94 %*1.4831*-5.8831
=ROA %*Equity Multiplier
=-16.23 %*-5.8831
=95.49 %

Note: The Net Income data used here is four times the quarterly (Mar. 2014) net income data. The Revenue data used here is four times the quarterly (Mar. 2014) 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:

Hauppauge Digital's annulized ROA % for the quarter that ended in Mar. 2014 is

ROA %(Q: Mar. 2014 )
=Net Income/Total Assets
=-2.56/15.7725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.56 / 23.392)*(23.392 / 15.7725)
=Net Margin %*Asset Turnover
=-10.94 %*1.4831
=-16.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2014) net income data. The Revenue data used here is four times the quarterly (Mar. 2014) 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.

Hauppauge Digital Asset Turnover Related Terms

Hauppauge Digital Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hauppauge Digital'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.

Hauppauge Digital Asset Turnover Chart

Hauppauge Digital Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.57 1.42 1.73 1.63

Hauppauge Digital Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 0.40 0.23 0.30 0.38 0.37

HAUP vs VIDE, ITOX: Asset Turnover Comparison

For the Computer Hardware subindustry, Hauppauge Digital'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.

Hauppauge Digital Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Hauppauge Digital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hauppauge Digital's Asset Turnover falls into.


Hauppauge Digital Asset Turnover Calculation

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

Hauppauge Digital's Asset Turnover for the fiscal year that ended in Sep. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2013 )/( (Total Assets (A: Sep. 2012 )+Total Assets (A: Sep. 2013 ))/ count )
=34.017/( (24.672+16.982)/ 2 )
=34.017/20.827
=1.63

Hauppauge Digital's Asset Turnover for the quarter that ended in Mar. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=5.848/( (16.761+14.784)/ 2 )
=5.848/15.7725
=0.37

* 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 0.37 mean?
Hauppauge Digital (HAUP) has a Asset Turnover of 0.37 as of Mar. 2014. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hauppauge Digital and its competitors.
Is Hauppauge Digital's Asset Turnover too high?
Hauppauge Digital's current Asset Turnover is 0.37.
How does Hauppauge Digital's Asset Turnover compare to VIDE and ITOX?
Hauppauge Digital's Asset Turnover of 0.37 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Hauppauge Digital and its competitors. Hauppauge Digital's current Asset Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hauppauge Digital stock overvalued right now?
Hauppauge Digital (HAUP) has a current Asset Turnover of 0.37. The current Asset Turnover is 0.37. 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 Hauppauge Digital (HAUP), the current Asset Turnover is 0.37 as of Mar. 2014. 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.

Hauppauge Digital Business Description

Address 135 Oser Avenue, Hauppauge, NY, USA, 11788
Hauppauge Digital Inc is a developer of analog and digital TV tuners and other products for the personal computer market. Its product portfolio covers USB TV tuners, HD video recorders, Internal TV tuners, Digital CableCARD tuners, Analog video capture products, European Digital TV Receivers, and Digital media adapters, among others.