Interplay Entertainment (Interplay Entertainment) Asset Turnover : 0.80 (As of Mar. 2011)

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What is Interplay Entertainment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Interplay Entertainment's Revenue for the three months ended in Mar. 2011 was $0.21 Mil. Interplay Entertainment's Total Assets for the quarter that ended in Mar. 2011 was $0.26 Mil. Therefore, Interplay Entertainment's Asset Turnover for the quarter that ended in Mar. 2011 was 0.80.

Asset Turnover is linked to ROE % through Du Pont Formula. Interplay Entertainment's annualized ROE % for the quarter that ended in Mar. 2011 was 45.96%. It is also linked to ROA % through Du Pont Formula. Interplay Entertainment's annualized ROA % for the quarter that ended in Mar. 2011 was -544.31%.

Interplay Entertainment Asset Turnover Historical Data

The historical data trend for Interplay Entertainment'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.

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Interplay Entertainment Asset Turnover Chart

Interplay Entertainment Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Asset Turnover

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1.94

7.88

2.02

7.56

5.66

Interplay Entertainment Quarterly Data
	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11
Asset Turnover	Get a 7-Day Free Trial															0.63	0.64	1.11	1.63	0.80

Competitive Comparison of Interplay Entertainment's Asset Turnover

For the Software - Application subindustry, Interplay Entertainment'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.

Interplay Entertainment's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Interplay Entertainment's Asset Turnover falls into.

Interplay Entertainment Asset Turnover Calculation

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

Interplay Entertainment's Asset Turnover for the fiscal year that ended in Dec. 2010 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2010 )	/	( (Total Assets (A: Dec. 2009 )	+	Total Assets (A: Dec. 2010 ))	/ count )
=	1.38	/	( (0.197	+	0.291)	/ 2 )
=	1.38	/	0.244
=	5.66

Interplay Entertainment's Asset Turnover for the quarter that ended in Mar. 2011 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Mar. 2011 )	/	( (Total Assets (Q: Dec. 2010 )	+	Total Assets (Q: Mar. 2011 ))	/ count )
=	0.205	/	( (0.291	+	0.219)	/ 2 )
=	0.205	/	0.255
=	0.80

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.

Interplay Entertainment (OTCPK:IPLY) Asset Turnover Explanation

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

Interplay Entertainment's annulized ROE % for the quarter that ended in Mar. 2011 is

	ROE %^**		(Q: Mar. 2011 )
=	Net Income	/	Total Stockholders Equity
=	-1.388	/	-3.02
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-1.388 / 0.82)	*	(0.82 / 0.255)	*	(0.255/ -3.02)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-169.27 %	*	3.2157	*	-0.0844
=	ROA %	*	Equity Multiplier
=	-544.31 %	*	-0.0844
=	45.96 %

Note: The Net Income data used here is four times the quarterly (Mar. 2011) net income data. The Revenue data used here is four times the quarterly (Mar. 2011) revenue data.

^** 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:

Interplay Entertainment's annulized ROA % for the quarter that ended in Mar. 2011 is

	ROA %		(Q: Mar. 2011 )
=	Net Income	/	Total Assets
=	-1.388	/	0.255
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-1.388 / 0.82)	*	(0.82 / 0.255)
=	Net Margin %	*	Asset Turnover
=	-169.27 %	*	3.2157
=	-544.31 %

Note: The Net Income data used here is four times the quarterly (Mar. 2011) net income data. The Revenue data used here is four times the quarterly (Mar. 2011) revenue data.

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.

Interplay Entertainment Asset Turnover Related Terms

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