ONVC (Online Vacation Center Holdings) Asset Turnover: 0.35 (As of Jun. 2023)


ONVC Online Vacation Center Holdings Corp ONVC
12 GF Score
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What is Online Vacation Center Holdings Asset Turnover?

Online Vacation Center Holdings ONVC 12 Asset Turnover is 0.35 as of Jun. 2023. GuruFocus rates ONVC with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Online Vacation Center Holdings's Revenue for the three months ended in Jun. 2023 was $4.53 Mil. Online Vacation Center Holdings's Total Assets for the quarter that ended in Jun. 2023 was $13.12 Mil. Therefore, Online Vacation Center Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Online Vacation Center Holdings's annualized ROE % for the quarter that ended in Jun. 2023 was 10.25%. It is also linked to ROA % through Du Pont Formula. Online Vacation Center Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 1.80%.


Online Vacation Center Holdings  (OTCPK:ONVC) Asset Turnover Explanation

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

Online Vacation Center Holdings's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0.236/2.3015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.236 / 18.104)*(18.104 / 13.124)*(13.124/ 2.3015)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.3 %*1.3795*5.7024
=ROA %*Equity Multiplier
=1.80 %*5.7024
=10.25 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Online Vacation Center Holdings's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=0.236/13.124
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.236 / 18.104)*(18.104 / 13.124)
=Net Margin %*Asset Turnover
=1.3 %*1.3795
=1.80 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Online Vacation Center Holdings Asset Turnover Related Terms


Online Vacation Center Holdings Asset Turnover Historical Data

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The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Asset Turnover Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.47 0.68 0.60 1.38

Online Vacation Center Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 0.26 0.00 0.00 0.36 0.35

ONVC vs NTRP, NNAX, CDNO: Asset Turnover Comparison

For the Travel Services subindustry, Online Vacation Center Holdings'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.


Online Vacation Center Holdings Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Online Vacation Center Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Online Vacation Center Holdings's Asset Turnover falls into.


ONVC
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Online Vacation Center Holdings Corp ONVC
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Online Vacation Center Holdings Asset Turnover Calculation

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

Online Vacation Center Holdings's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=18.194/( (13.329+13.083)/ 2 )
=18.194/13.206
=1.38

Online Vacation Center Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=4.526/( (12.852+13.396)/ 2 )
=4.526/13.124
=0.34

* 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 0.35 mean?
Online Vacation Center Holdings (ONVC) has a Asset Turnover of 0.35 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Online Vacation Center Holdings and its competitors.
Is Online Vacation Center Holdings' Asset Turnover too high?
Online Vacation Center Holdings' current Asset Turnover is 0.35. Overall, Online Vacation Center Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Online Vacation Center Holdings' Asset Turnover compare to NTRP and NNAX?
Online Vacation Center Holdings' Asset Turnover of 0.35 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 Online Vacation Center Holdings and its competitors. Online Vacation Center Holdings's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Online Vacation Center Holdings stock overvalued right now?
Online Vacation Center Holdings (ONVC) has a current Asset Turnover of 0.35. The current Asset Turnover is 0.35. Online Vacation Center Holdings' overall GF Score™ is 12/100. 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 Online Vacation Center Holdings (ONVC), the current Asset Turnover is 0.35 as of Jun. 2023. 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.

Online Vacation Center Holdings Business Description

Address 2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets and river, ocean, and land vacation packages, operates a franchise that focuses on travel sales through mobile agents, and offers other services. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travelers with websites to purchase hotel, resort, and vacation packages.
12GF Score

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