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1PM Industries (1PM Industries) Asset Turnover : 0.04 (As of Nov. 2017)


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What is 1PM Industries Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. 1PM Industries's Revenue for the three months ended in Nov. 2017 was $0.03 Mil. 1PM Industries's Total Assets for the quarter that ended in Nov. 2017 was $0.84 Mil. Therefore, 1PM Industries's Asset Turnover for the quarter that ended in Nov. 2017 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. 1PM Industries's annualized ROE % for the quarter that ended in Nov. 2017 was 390.44%. It is also linked to ROA % through Du Pont Formula. 1PM Industries's annualized ROA % for the quarter that ended in Nov. 2017 was -668.96%.


1PM Industries Asset Turnover Historical Data

The historical data trend for 1PM Industries'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.

1PM Industries Asset Turnover Chart

1PM Industries Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Feb15 Feb16 Feb17
Asset Turnover
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1PM Industries Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 - - - 0.07 0.04

Competitive Comparison of 1PM Industries's Asset Turnover

For the Packaged Foods subindustry, 1PM Industries'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.


1PM Industries's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, 1PM Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where 1PM Industries's Asset Turnover falls into.



1PM Industries Asset Turnover Calculation

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

1PM Industries's Asset Turnover for the fiscal year that ended in Feb. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2017 )/( (Total Assets (A: Feb. 2016 )+Total Assets (A: Feb. 2017 ))/ count )
=0/( (0.028+12.591)/ 2 )
=0/6.3095
=0.00

1PM Industries's Asset Turnover for the quarter that ended in Nov. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2017 )/( (Total Assets (Q: Aug. 2017 )+Total Assets (Q: Nov. 2017 ))/ count )
=0.033/( (1.036+0.649)/ 2 )
=0.033/0.8425
=0.04

* 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.


1PM Industries  (GREY:OPMZ) Asset Turnover Explanation

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

1PM Industries's annulized ROE % for the quarter that ended in Nov. 2017 is

ROE %**(Q: Nov. 2017 )
=Net Income/Total Stockholders Equity
=-5.636/-1.4435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.636 / 0.132)*(0.132 / 0.8425)*(0.8425/ -1.4435)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4269.7 %*0.1567*-0.5837
=ROA %*Equity Multiplier
=-668.96 %*-0.5837
=390.44 %

Note: The Net Income data used here is four times the quarterly (Nov. 2017) net income data. The Revenue data used here is four times the quarterly (Nov. 2017) 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:

1PM Industries's annulized ROA % for the quarter that ended in Nov. 2017 is

ROA %(Q: Nov. 2017 )
=Net Income/Total Assets
=-5.636/0.8425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.636 / 0.132)*(0.132 / 0.8425)
=Net Margin %*Asset Turnover
=-4269.7 %*0.1567
=-668.96 %

Note: The Net Income data used here is four times the quarterly (Nov. 2017) net income data. The Revenue data used here is four times the quarterly (Nov. 2017) 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.


1PM Industries Asset Turnover Related Terms

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1PM Industries (1PM Industries) Business Description

Traded in Other Exchanges
N/A
Address
312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212
1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024
William A Lansing director 93962 BRIDGE VIEW LANE, NORTH BEND OR 97459
Thomas E Mills director, officer: President, CEO, CFO, Secretary
Lou Hilford director, officer: Chief Operating Officer

1PM Industries (1PM Industries) Headlines

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