JACO (Jaco Electronics) Asset Turnover: 0.28 (As of Mar. 2009)


What is Jaco Electronics Asset Turnover?

Jaco Electronics JACO Asset Turnover is 0.28 as of Mar. 2009.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jaco Electronics's Revenue for the three months ended in Mar. 2009 was $10.7 Mil. Jaco Electronics's Total Assets for the quarter that ended in Mar. 2009 was $38.8 Mil. Therefore, Jaco Electronics's Asset Turnover for the quarter that ended in Mar. 2009 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Jaco Electronics's annualized ROE % for the quarter that ended in Mar. 2009 was 11.68%. It is also linked to ROA % through Du Pont Formula. Jaco Electronics's annualized ROA % for the quarter that ended in Mar. 2009 was 1.72%.

Jaco Electronics  (OTCPK:JACO) Asset Turnover Explanation

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

Jaco Electronics's annulized ROE % for the quarter that ended in Mar. 2009 is

ROE %**(Q: Mar. 2009 )
=Net Income/Total Stockholders Equity
=0.668/5.7195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.668 / 42.764)*(42.764 / 38.8375)*(38.8375/ 5.7195)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.56 %*1.1011*6.7904
=ROA %*Equity Multiplier
=1.72 %*6.7904
=11.68 %

Note: The Net Income data used here is four times the quarterly (Mar. 2009) net income data. The Revenue data used here is four times the quarterly (Mar. 2009) 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:

Jaco Electronics's annulized ROA % for the quarter that ended in Mar. 2009 is

ROA %(Q: Mar. 2009 )
=Net Income/Total Assets
=0.668/38.8375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.668 / 42.764)*(42.764 / 38.8375)
=Net Margin %*Asset Turnover
=1.56 %*1.1011
=1.72 %

Note: The Net Income data used here is four times the quarterly (Mar. 2009) net income data. The Revenue data used here is four times the quarterly (Mar. 2009) 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.

Jaco Electronics Asset Turnover Related Terms

Jaco Electronics Asset Turnover Historical Data

* Premium members only.

The historical data trend for Jaco Electronics'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.

Jaco Electronics Asset Turnover Chart

Jaco Electronics Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.98 2.12 2.41 2.09

Jaco Electronics Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.50 0.57 0.61 0.23 0.28

JACO vs OMPS: Asset Turnover Comparison

For the Electronics & Computer Distribution subindustry, Jaco Electronics'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.

Jaco Electronics Asset Turnover vs Hardware Industry

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

* The bar in red indicates where Jaco Electronics's Asset Turnover falls into.


Jaco Electronics Asset Turnover Calculation

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

Jaco Electronics's Asset Turnover for the fiscal year that ended in Jun. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2008 )/( (Total Assets (A: Jun. 2007 )+Total Assets (A: Jun. 2008 ))/ count )
=193.719/( (96.087+89.124)/ 2 )
=193.719/92.6055
=2.09

Jaco Electronics's Asset Turnover for the quarter that ended in Mar. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2009 )/( (Total Assets (Q: Dec. 2008 )+Total Assets (Q: Mar. 2009 ))/ count )
=10.691/( (53.912+23.763)/ 2 )
=10.691/38.8375
=0.28

* 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 0.28 mean?
Jaco Electronics (JACO) has a Asset Turnover of 0.28 as of Mar. 2009. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jaco Electronics and its competitors.
Is Jaco Electronics' Asset Turnover too high?
Jaco Electronics' current Asset Turnover is 0.28.
How does Jaco Electronics' Asset Turnover compare to OMPS?
Jaco Electronics' Asset Turnover of 0.28 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 Jaco Electronics and its competitors. Jaco Electronics's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaco Electronics stock overvalued right now?
Jaco Electronics (JACO) has a current Asset Turnover of 0.28. The current Asset Turnover is 0.28. 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 Jaco Electronics (JACO), the current Asset Turnover is 0.28 as of Mar. 2009. 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.

Jaco Electronics Business Description

Address 145 Oser Avenue, Hauppauge, NY, USA, 11788
Jaco Electronics Inc is engaged in the distribution of electronic components. Its products include embedded box containers, inverters, LCD monitors, open frame monitors, single board computers, among others.