Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Innovative Designs's Revenue for the
three
months ended in Apr. 2026 was $0.81 Mil. Innovative Designs's Total Assets for the quarter that ended in Apr. 2026 was $2.50 Mil. Therefore, Innovative Designs's Asset Turnover for the quarter that ended in Apr. 2026 was 0.32.
Asset Turnover is linked to ROE % through Du Pont Formula. Innovative Designs's annualizedROE % for the quarter that ended in Apr. 2026 was 18.65%. It is also linked to ROA % through Du Pont Formula. Innovative Designs's annualizedROA % for the quarter that ended in Apr. 2026 was 16.94%.
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) 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:
Innovative Designs's annulizedROA % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) 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.
Innovative Designs Asset Turnover Related Terms
Innovative Designs Asset Turnover Historical Data
* Premium members only.
The historical data trend for Innovative Designs'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.
IVDN vs DBGI, LSEB, JEM: Asset Turnover Comparison
For the Apparel Retail subindustry, Innovative Designs'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.
Innovative Designs Asset Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Innovative Designs's Asset Turnover falls into.
* 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.
Innovative Designs (IVDN) has a Asset Turnover of 0.32 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Innovative Designs and its competitors.
Is Innovative Designs' Asset Turnover too high?
Innovative Designs' current Asset Turnover is 0.32. Overall, Innovative Designs has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Designs' Asset Turnover compare to DBGI and LSEB?
Innovative Designs' Asset Turnover of 0.32 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Innovative Designs and its competitors. Innovative Designs's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Designs stock overvalued right now?
Based on GuruFocus' analysis, Innovative Designs (IVDN) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.52, compared to a current price of $0.25 — trading 52.1% below its estimated fair value. The current Asset Turnover is 0.32. Innovative Designs' overall GF Score™ is 50/100 with 1 warning sign to review. 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 Innovative Designs (IVDN), the current Asset Turnover is 0.32 as of Apr. 2026. 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.
Is Innovative Designs (IVDN) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Designs stock appears to be undervalued.
The current stock price of $0.25 is trading 52.1% below its estimated GF Value™ of $0.52.
GuruFocus considers Innovative Designs to be Significantly Undervalued.
Key valuation signals for IVDN:
Asset Turnover: 0.32
GF Value™: $0.52 vs. price of $0.25 (52.1% below fair value)
No single metric tells the full story. See the IVDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold-weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment. Majority of the revenue is from USA and Canada.
50GF Score
Get the complete analysis for IVDN
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IVDN has been successfully added to your 
