OBCN (Obocon) Asset Turnover: 0.00 (As of Sep. 2019)


What is Obocon Asset Turnover?

Obocon OBCN -99.00% Asset Turnover is 0.00 as of Sep. 2019.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Obocon's Revenue for the three months ended in Sep. 2019 was $0.00 Mil. Obocon's Total Assets for the quarter that ended in Sep. 2019 was $4.09 Mil. Therefore, Obocon's Asset Turnover for the quarter that ended in Sep. 2019 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Obocon's annualized ROE % for the quarter that ended in Sep. 2019 was 0.00%. It is also linked to ROA % through Du Pont Formula. Obocon's annualized ROA % for the quarter that ended in Sep. 2019 was 0.00%.

Obocon  (OTCPK:OBCN) Asset Turnover Explanation

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

Obocon's annulized ROE % for the quarter that ended in Sep. 2019 is

ROE %**(Q: Sep. 2019 )
=Net Income/Total Stockholders Equity
=0/4.072
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 4.087)*(4.087/ 4.072)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0037
=ROA %*Equity Multiplier
=0.00 %*1.0037
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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:

Obocon's annulized ROA % for the quarter that ended in Sep. 2019 is

ROA %(Q: Sep. 2019 )
=Net Income/Total Assets
=0/4.087
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 4.087)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) net income data. The Revenue data used here is four times the quarterly (Sep. 2019) 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.

Obocon Asset Turnover Related Terms

Obocon Asset Turnover Historical Data

* Premium members only.

The historical data trend for Obocon'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.

Obocon Asset Turnover Chart

Obocon Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep16 Sep17 Sep18 Sep19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.00 0.00 0.00 0.00

Obocon Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep16 Sep17 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.00 0.00

OBCN vs ASFT, EHVVF, AVOI: Asset Turnover Comparison

For the Software - Application subindustry, Obocon'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.

Obocon Asset Turnover vs Software Industry

For the Software industry and Technology sector, Obocon's Asset Turnover distribution charts can be found below:

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


Obocon Asset Turnover Calculation

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

Obocon's Asset Turnover for the fiscal year that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2019 )/( (Total Assets (A: Sep. 2018 )+Total Assets (A: Sep. 2019 ))/ count )
=0/( (0.005+0)/ 1 )
=0/0.005
=0.00

Obocon's Asset Turnover for the quarter that ended in Sep. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0/( (4.087+0)/ 1 )
=0/4.087
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Obocon (OBCN) has a Asset Turnover of 0.00 as of Sep. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Obocon and its competitors.
Is Obocon's Asset Turnover too high?
Obocon's current Asset Turnover is 0.00.
How does Obocon's Asset Turnover compare to ASFT and EHVVF?
Obocon's Asset Turnover of 0.00 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Obocon and its competitors. Obocon's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obocon stock overvalued right now?
Obocon (OBCN) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Obocon (OBCN), the current Asset Turnover is 0.00 as of Sep. 2019. 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.

Obocon Business Description

Address 22 Baltimore Road, Rockville, MD, USA, 20850
Obocon Inc formerly known as Clancy Systems International Inc offers an Android-based solution for issuing parking citations. The company's system provides ticket issuance, data management, noticing, enforcement, payment processing, permitting, and all other essential modules for a complete ticket administration program. Its services include Automated notice letter mailings, Real-time stole/wanted vehicle alerts, Dispute resolution, Parking operation privatization, Online parking permit website and fulfillment and Park by Phone complimenting metered parking.