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Bluecrest Bluetrend (LSE:BBTS) Asset Turnover : -0.03 (As of Jun. 2015)


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What is Bluecrest Bluetrend Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bluecrest Bluetrend's Revenue for the six months ended in Jun. 2015 was £-1.19 Mil. Bluecrest Bluetrend's Total Assets for the quarter that ended in Jun. 2015 was £36.26 Mil. Therefore, Bluecrest Bluetrend's Asset Turnover for the quarter that ended in Jun. 2015 was -0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Bluecrest Bluetrend's annualized ROE % for the quarter that ended in Jun. 2015 was -8.53%. It is also linked to ROA % through Du Pont Formula. Bluecrest Bluetrend's annualized ROA % for the quarter that ended in Jun. 2015 was -8.49%.


Bluecrest Bluetrend Asset Turnover Historical Data

The historical data trend for Bluecrest Bluetrend'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.

* Premium members only.

Bluecrest Bluetrend Asset Turnover Chart

Bluecrest Bluetrend Annual Data
Trend Dec12 Dec13 Dec14
Asset Turnover
0.02 -0.13 0.10

Bluecrest Bluetrend Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Asset Turnover Get a 7-Day Free Trial -0.11 -0.01 0.05 0.03 -0.03

Competitive Comparison of Bluecrest Bluetrend's Asset Turnover

For the Asset Management subindustry, Bluecrest Bluetrend'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.


Bluecrest Bluetrend's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bluecrest Bluetrend's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bluecrest Bluetrend's Asset Turnover falls into.



Bluecrest Bluetrend Asset Turnover Calculation

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

Bluecrest Bluetrend's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=6.584/( (93.783+37.356)/ 2 )
=6.584/65.5695
=0.10

Bluecrest Bluetrend's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Jun. 2015 ))/ count )
=-1.189/( (37.356+35.157)/ 2 )
=-1.189/36.2565
=-0.03

* 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.


Bluecrest Bluetrend  (LSE:BBTS) Asset Turnover Explanation

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

Bluecrest Bluetrend's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=-3.078/36.0745
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.078 / -2.378)*(-2.378 / 36.2565)*(36.2565/ 36.0745)
=Net Margin %*Asset Turnover*Equity Multiplier
=129.44 %*-0.0656*1.005
=ROA %*Equity Multiplier
=-8.49 %*1.005
=-8.53 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2015) net income data. The Revenue data used here is two times the semi-annual (Jun. 2015) 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:

Bluecrest Bluetrend's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=-3.078/36.2565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.078 / -2.378)*(-2.378 / 36.2565)
=Net Margin %*Asset Turnover
=129.44 %*-0.0656
=-8.49 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2015) net income data. The Revenue data used here is two times the semi-annual (Jun. 2015) 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.


Bluecrest Bluetrend Asset Turnover Related Terms

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Bluecrest Bluetrend (LSE:BBTS) Business Description

Traded in Other Exchanges
N/A
Address
Bluecrest Bluetrend Ltd was incorporated in Guernsey on February 10, 2012 as a non - cellular company limited by shares under the Companies (Guernsey) Law, 2008. The Company is a self-managed closed-ended investment company. Its investment objective is to seek to achieve long term appreciation in the value of its assets. It is a feeder fund, investing assets in BlueTrend Fund Ltd, which in turn invests through BlueTrend Master Fund Ltd.

Bluecrest Bluetrend (LSE:BBTS) Headlines

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