GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Prime Focus London PLC (LSE:PFO) » Definitions » Asset Turnover

Prime Focus London (LSE:PFO) Asset Turnover : 0.16 (As of Mar. 2013)


View and export this data going back to . Start your Free Trial

What is Prime Focus London Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Prime Focus London's Revenue for the six months ended in Mar. 2013 was £5.29 Mil. Prime Focus London's Total Assets for the quarter that ended in Mar. 2013 was £32.66 Mil. Therefore, Prime Focus London's Asset Turnover for the quarter that ended in Mar. 2013 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Prime Focus London's annualized ROE % for the quarter that ended in Mar. 2013 was -10.48%. It is also linked to ROA % through Du Pont Formula. Prime Focus London's annualized ROA % for the quarter that ended in Mar. 2013 was -2.74%.


Prime Focus London Asset Turnover Historical Data

The historical data trend for Prime Focus London'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.

Prime Focus London Asset Turnover Chart

Prime Focus London Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.89 1.02 0.82 0.42

Prime Focus London Semi-Annual Data
Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13
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 0.37 0.59 0.27 0.26 0.16

Competitive Comparison of Prime Focus London's Asset Turnover

For the Broadcasting subindustry, Prime Focus London'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.


Prime Focus London's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Prime Focus London's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Prime Focus London's Asset Turnover falls into.



Prime Focus London Asset Turnover Calculation

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

Prime Focus London's Asset Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2013 )/( (Total Assets (A: Mar. 2012 )+Total Assets (A: Mar. 2013 ))/ count )
=15.674/( (44.259+29.755)/ 2 )
=15.674/37.007
=0.42

Prime Focus London's Asset Turnover for the quarter that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2013 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=5.285/( (35.574+29.755)/ 2 )
=5.285/32.6645
=0.16

* 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.


Prime Focus London  (LSE:PFO) Asset Turnover Explanation

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

Prime Focus London's annulized ROE % for the quarter that ended in Mar. 2013 is

ROE %**(Q: Mar. 2013 )
=Net Income/Total Stockholders Equity
=-0.896/8.547
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.896 / 10.57)*(10.57 / 32.6645)*(32.6645/ 8.547)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.48 %*0.3236*3.8218
=ROA %*Equity Multiplier
=-2.74 %*3.8218
=-10.48 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2013) net income data. The Revenue data used here is two times the semi-annual (Mar. 2013) 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:

Prime Focus London's annulized ROA % for the quarter that ended in Mar. 2013 is

ROA %(Q: Mar. 2013 )
=Net Income/Total Assets
=-0.896/32.6645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.896 / 10.57)*(10.57 / 32.6645)
=Net Margin %*Asset Turnover
=-8.48 %*0.3236
=-2.74 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2013) net income data. The Revenue data used here is two times the semi-annual (Mar. 2013) 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.


Prime Focus London Asset Turnover Related Terms

Thank you for viewing the detailed overview of Prime Focus London's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Prime Focus London (LSE:PFO) Business Description

Traded in Other Exchanges
N/A
Address
Prime Focus London PLC is incorporated and domiciled in England. The company and its subsidiaries are technology based service providers to the media and entertainment industry. It is a part of Prime Focus, providing services to the Film, Broadcast, Commercials, Internet and Media industries. It offers end-to-end solution, from pre-production to final delivery including video and audio post-production, production services and on-set supervision, Digital Intermediate, versioning and adaptation, visual effects and animation.

Prime Focus London (LSE:PFO) Headlines