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Mad Catz Interactive (Mad Catz Interactive) Asset Turnover : 0.47 (As of Dec. 2016)


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What is Mad Catz Interactive Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mad Catz Interactive's Revenue for the three months ended in Dec. 2016 was $19.06 Mil. Mad Catz Interactive's Total Assets for the quarter that ended in Dec. 2016 was $40.94 Mil. Therefore, Mad Catz Interactive's Asset Turnover for the quarter that ended in Dec. 2016 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Mad Catz Interactive's annualized ROE % for the quarter that ended in Dec. 2016 was 3,677.03%. It is also linked to ROA % through Du Pont Formula. Mad Catz Interactive's annualized ROA % for the quarter that ended in Dec. 2016 was -33.82%.


Mad Catz Interactive Asset Turnover Historical Data

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive Asset Turnover Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.89 1.95 1.99 2.62

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.76 0.25 0.22 0.36 0.47

Competitive Comparison of Mad Catz Interactive's Asset Turnover

For the Computer Hardware subindustry, Mad Catz Interactive'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.


Mad Catz Interactive's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mad Catz Interactive's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mad Catz Interactive's Asset Turnover falls into.



Mad Catz Interactive Asset Turnover Calculation

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

Mad Catz Interactive's Asset Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2016 )/( (Total Assets (A: Mar. 2015 )+Total Assets (A: Mar. 2016 ))/ count )
=134.074/( (47.492+55.003)/ 2 )
=134.074/51.2475
=2.62

Mad Catz Interactive's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=19.061/( (40.085+41.788)/ 2 )
=19.061/40.9365
=0.47

* 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.


Mad Catz Interactive  (OTCPK:MCZAF) Asset Turnover Explanation

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

Mad Catz Interactive's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=-13.844/-0.3765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.844 / 76.244)*(76.244 / 40.9365)*(40.9365/ -0.3765)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18.16 %*1.8625*-108.7291
=ROA %*Equity Multiplier
=-33.82 %*-108.7291
=3,677.03 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

Mad Catz Interactive's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=-13.844/40.9365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.844 / 76.244)*(76.244 / 40.9365)
=Net Margin %*Asset Turnover
=-18.16 %*1.8625
=-33.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Mad Catz Interactive Asset Turnover Related Terms

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


Mad Catz Interactive (Mad Catz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.
Executives
Karen K Mcginnis director, officer: President & CEO INSIGHT ENTERPRISES INC, 1305 WEST AUTO DRIVE, TEMPE AZ 85284
Thomas R Brown director 15378 AVENUE OF SCIENCE SUITE 100, SAN DIEGO CA 92128
Morris Perlis director C/O COUNSEL CORPORATION, 700 - 1 TORONTO ST., TORONTO A6 M5C 2V6