BLIS Technologies (NZSE:BLT) Asset Turnover: 0.42 (As of Mar. 2026)


What is BLIS Technologies Asset Turnover?

BLIS Technologies NZSE:BLT Asset Turnover is 0.42 as of Mar. 2026. The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BLIS Technologies's Revenue for the six months ended in Mar. 2026 was NZ$6.23 Mil. BLIS Technologies's Total Assets for the quarter that ended in Mar. 2026 was NZ$14.87 Mil. Therefore, BLIS Technologies's Asset Turnover for the quarter that ended in Mar. 2026 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. BLIS Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was 4.23%. It is also linked to ROA % through Du Pont Formula. BLIS Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 3.67%.

BLIS Technologies  (NZSE:BLT) Asset Turnover Explanation

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

BLIS Technologies's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.546/12.905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.546 / 12.466)*(12.466 / 14.8675)*(14.8675/ 12.905)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.38 %*0.8385*1.1521
=ROA %*Equity Multiplier
=3.67 %*1.1521
=4.23 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

BLIS Technologies's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.546/14.8675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.546 / 12.466)*(12.466 / 14.8675)
=Net Margin %*Asset Turnover
=4.38 %*0.8385
=3.67 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.

BLIS Technologies Asset Turnover Related Terms

BLIS Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for BLIS Technologies'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.

BLIS Technologies Asset Turnover Chart

BLIS Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.75 0.82 0.85 0.92

BLIS Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.43 0.43 0.49 0.42

NZSE:BLT vs VRTX, REGN, ALNY: Asset Turnover Comparison

For the Biotechnology subindustry, BLIS Technologies'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.

BLIS Technologies Asset Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BLIS Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BLIS Technologies's Asset Turnover falls into.


BLIS Technologies Asset Turnover Calculation

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

BLIS Technologies's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=13.404/( (14.296+14.968)/ 2 )
=13.404/14.632
=0.92

BLIS Technologies's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=6.233/( (14.767+14.968)/ 2 )
=6.233/14.8675
=0.42

* 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 0.42 mean?
BLIS Technologies (NZSE:BLT) has a Asset Turnover of 0.42 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BLIS Technologies and its competitors.
Is BLIS Technologies' Asset Turnover too high?
BLIS Technologies' current Asset Turnover is 0.42.
How does BLIS Technologies' Asset Turnover compare to VRTX and REGN?
BLIS Technologies' Asset Turnover of 0.42 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Asset Turnover depends on the Biotechnology 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 BLIS Technologies and its competitors. BLIS Technologies's current Asset Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLIS Technologies stock overvalued right now?
Based on GuruFocus' analysis, BLIS Technologies (NZSE:BLT) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.02, compared to a current price of NZ$0.02 — trading 20% below its estimated fair value. The current Asset Turnover is 0.42. 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 BLIS Technologies (NZSE:BLT), the current Asset Turnover is 0.42 as of Mar. 2026. 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.

BLIS Technologies Business Description

Address 399 Moray Place, Dunedin Central, Dunedin, OTA, NZL, 9016
BLIS Technologies Ltd is engaged in developing oral probiotics. The company markets strains of probiotic bacteria BLIS K12, BLIS Q24, and BLIS M18, which occur naturally in the oral cavity. Its product portfolio consists of probiotic serum, Teeth and gums lozenge, fresh breath lozenge, and immune lozenge. Geographically, the company derives a majority of its revenue from North America. The company also generates a small portion of revenue from Non-core business, which includes grants and interest revenue.