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MOBO (Mobile Lads) Asset Turnover : 0.00 (As of Jul. 2016)


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What is Mobile Lads Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mobile Lads's Revenue for the three months ended in Jul. 2016 was $0.00 Mil. Mobile Lads's Total Assets for the quarter that ended in Jul. 2016 was $1.55 Mil. Therefore, Mobile Lads's Asset Turnover for the quarter that ended in Jul. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Mobile Lads's annualized ROE % for the quarter that ended in Jul. 2016 was -261.56%. It is also linked to ROA % through Du Pont Formula. Mobile Lads's annualized ROA % for the quarter that ended in Jul. 2016 was -189.11%.


Mobile Lads Asset Turnover Historical Data

The historical data trend for Mobile Lads'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.

Mobile Lads Asset Turnover Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Asset Turnover
- - -

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 - - - - -

Competitive Comparison of Mobile Lads's Asset Turnover

For the Consumer Electronics subindustry, Mobile Lads'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.


Mobile Lads's Asset Turnover Distribution in the Hardware Industry

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

* The bar in red indicates where Mobile Lads's Asset Turnover falls into.



Mobile Lads Asset Turnover Calculation

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

Mobile Lads's Asset Turnover for the fiscal year that ended in Apr. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2015 )/( (Total Assets (A: Apr. 2014 )+Total Assets (A: Apr. 2015 ))/ count )
=0/( (0+0.146)/ 1 )
=0/0.146
=0.00

Mobile Lads's Asset Turnover for the quarter that ended in Jul. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2016 )/( (Total Assets (Q: Apr. 2016 )+Total Assets (Q: Jul. 2016 ))/ count )
=0.004/( (1.645+1.46)/ 2 )
=0.004/1.5525
=0.00

* 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.


Mobile Lads  (OTCPK:MOBO) Asset Turnover Explanation

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

Mobile Lads's annulized ROE % for the quarter that ended in Jul. 2016 is

ROE %**(Q: Jul. 2016 )
=Net Income/Total Stockholders Equity
=-2.936/1.1225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.936 / 0.016)*(0.016 / 1.5525)*(1.5525/ 1.1225)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18350 %*0.0103*1.3831
=ROA %*Equity Multiplier
=-189.11 %*1.3831
=-261.56 %

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

Mobile Lads's annulized ROA % for the quarter that ended in Jul. 2016 is

ROA %(Q: Jul. 2016 )
=Net Income/Total Assets
=-2.936/1.5525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.936 / 0.016)*(0.016 / 1.5525)
=Net Margin %*Asset Turnover
=-18350 %*0.0103
=-189.11 %

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


Mobile Lads Asset Turnover Related Terms

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Mobile Lads Business Description

Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.