IPEU (IPE Universal) Asset Turnover: 1.78 (As of Jun. 2012)


IPEU IPE Universal Inc IPEU
30 GF Score
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What is IPE Universal Asset Turnover?

IPE Universal IPEU 30 Asset Turnover is 1.78 as of Jun. 2012. GuruFocus rates IPEU with a GF Score™ of 30/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IPE Universal's Revenue for the six months ended in Jun. 2012 was $15.40 Mil. IPE Universal's Total Assets for the quarter that ended in Jun. 2012 was $8.63 Mil. Therefore, IPE Universal's Asset Turnover for the quarter that ended in Jun. 2012 was 1.78.

Asset Turnover is linked to ROE % through Du Pont Formula. IPE Universal's annualized ROE % for the quarter that ended in Jun. 2012 was 44.14%. It is also linked to ROA % through Du Pont Formula. IPE Universal's annualized ROA % for the quarter that ended in Jun. 2012 was 23.17%.

IPE Universal  (OTCPK:IPEU) Asset Turnover Explanation

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

IPE Universal's annulized ROE % for the quarter that ended in Jun. 2012 is

ROE %**(Q: Jun. 2012 )
=Net Income/Total Stockholders Equity
=2/4.5315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2 / 30.804)*(30.804 / 8.6325)*(8.6325/ 4.5315)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.49 %*3.5684*1.905
=ROA %*Equity Multiplier
=23.17 %*1.905
=44.14 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2012) net income data. The Revenue data used here is two times the semi-annual (Jun. 2012) 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:

IPE Universal's annulized ROA % for the quarter that ended in Jun. 2012 is

ROA %(Q: Jun. 2012 )
=Net Income/Total Assets
=2/8.6325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2 / 30.804)*(30.804 / 8.6325)
=Net Margin %*Asset Turnover
=6.49 %*3.5684
=23.17 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2012) net income data. The Revenue data used here is two times the semi-annual (Jun. 2012) 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.

IPE Universal Asset Turnover Related Terms

IPE Universal Asset Turnover Historical Data

* Premium members only.

The historical data trend for IPE Universal'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.

IPE Universal Asset Turnover Chart

IPE Universal Annual Data
Trend Jun09 Jun10 Jun11
Asset Turnover
0.00 1.90 4.62

IPE Universal Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Asset Turnover 0.00 1.90 4.62 1.78

IPEU vs SPNS, SPT, PD: Asset Turnover Comparison

For the Software - Application subindustry, IPE Universal'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.

IPE Universal Asset Turnover vs Software Industry

For the Software industry and Technology sector, IPE Universal's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IPE Universal's Asset Turnover falls into.


IPEU
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IPE Universal Inc IPEU
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IPE Universal Asset Turnover Calculation

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

IPE Universal's Asset Turnover for the fiscal year that ended in Jun. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2011 )/( (Total Assets (A: Jun. 2010 )+Total Assets (A: Jun. 2011 ))/ count )
=30.675/( (4.522+8.766)/ 2 )
=30.675/6.644
=4.62

IPE Universal's Asset Turnover for the quarter that ended in Jun. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2012 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Jun. 2012 ))/ count )
=15.402/( (8.766+8.499)/ 2 )
=15.402/8.6325
=1.78

* 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 1.78 mean?
IPE Universal (IPEU) has a Asset Turnover of 1.78 as of Jun. 2012. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on IPE Universal and its competitors.
Is IPE Universal's Asset Turnover too high?
IPE Universal's current Asset Turnover is 1.78. Overall, IPE Universal has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does IPE Universal's Asset Turnover compare to SPNS and SPT?
IPE Universal's Asset Turnover of 1.78 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 IPE Universal and its competitors. IPE Universal's current Asset Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPE Universal stock overvalued right now?
IPE Universal (IPEU) has a current Asset Turnover of 1.78. The current Asset Turnover is 1.78. IPE Universal's overall GF Score™ is 30/100. 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 IPE Universal (IPEU), the current Asset Turnover is 1.78 as of Jun. 2012. 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.

IPE Universal Business Description

Address 1752 Ainsdale Drive, Roseville, CA, USA, 95747
IPE Universal Inc is engaged in developing childhood education software systems. The company is engaged in high-tech business developing early childhood education software systems located in Taiwan and China. The company also provides education programs, products, services and technological products but also licenses IP services to businesses, NFTs, Crypto, Virtual Real Estate, Metaverse (Virtual World), and merchandise and many other products.
30GF Score

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