OPST (OPT Sciences) Asset Turnover: 0.13 (As of Jul. 2015)


What is OPT Sciences Asset Turnover?

OPT Sciences OPST +13.75% Asset Turnover is 0.13 as of Jul. 2015.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OPT Sciences's Revenue for the three months ended in Jul. 2015 was $1.98 Mil. OPT Sciences's Total Assets for the quarter that ended in Jul. 2015 was $15.69 Mil. Therefore, OPT Sciences's Asset Turnover for the quarter that ended in Jul. 2015 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. OPT Sciences's annualized ROE % for the quarter that ended in Jul. 2015 was 11.28%. It is also linked to ROA % through Du Pont Formula. OPT Sciences's annualized ROA % for the quarter that ended in Jul. 2015 was 10.83%.

OPT Sciences  (OTCPK:OPST) Asset Turnover Explanation

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

OPT Sciences's annulized ROE % for the quarter that ended in Jul. 2015 is

ROE %**(Q: Jul. 2015 )
=Net Income/Total Stockholders Equity
=1.7/15.069
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.7 / 7.9)*(7.9 / 15.6925)*(15.6925/ 15.069)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.52 %*0.5034*1.0414
=ROA %*Equity Multiplier
=10.83 %*1.0414
=11.28 %

Note: The Net Income data used here is four times the quarterly (Jul. 2015) net income data. The Revenue data used here is four times the quarterly (Jul. 2015) 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:

OPT Sciences's annulized ROA % for the quarter that ended in Jul. 2015 is

ROA %(Q: Jul. 2015 )
=Net Income/Total Assets
=1.7/15.6925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.7 / 7.9)*(7.9 / 15.6925)
=Net Margin %*Asset Turnover
=21.52 %*0.5034
=10.83 %

Note: The Net Income data used here is four times the quarterly (Jul. 2015) net income data. The Revenue data used here is four times the quarterly (Jul. 2015) 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.

OPT Sciences Asset Turnover Related Terms

OPT Sciences Asset Turnover Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences Asset Turnover Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.51 0.53 0.47 0.50

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 0.12 0.16 0.12 0.12 0.13

OPST vs SDEV, SIF, OPXS: Asset Turnover Comparison

For the Aerospace & Defense subindustry, OPT Sciences'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.

OPT Sciences Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's Asset Turnover distribution charts can be found below:

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


OPT Sciences Asset Turnover Calculation

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

OPT Sciences's Asset Turnover for the fiscal year that ended in Oct. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2014 )/( (Total Assets (A: Oct. 2013 )+Total Assets (A: Oct. 2014 ))/ count )
=7.073/( (13.569+14.716)/ 2 )
=7.073/14.1425
=0.50

OPT Sciences's Asset Turnover for the quarter that ended in Jul. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2015 )/( (Total Assets (Q: Apr. 2015 )+Total Assets (Q: Jul. 2015 ))/ count )
=1.975/( (15.462+15.923)/ 2 )
=1.975/15.6925
=0.13

* 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 0.13 mean?
OPT Sciences (OPST) has a Asset Turnover of 0.13 as of Jul. 2015. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on OPT Sciences and its competitors.
Is OPT Sciences' Asset Turnover too high?
OPT Sciences' current Asset Turnover is 0.13.
How does OPT Sciences' Asset Turnover compare to SDEV and SIF?
OPT Sciences' Asset Turnover of 0.13 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense 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 OPT Sciences and its competitors. OPT Sciences's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current Asset Turnover of 0.13. The current Asset Turnover is 0.13. 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 OPT Sciences (OPST), the current Asset Turnover is 0.13 as of Jul. 2015. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.