OPVS (NanoFlex Power) Asset Turnover: 0.20 (As of Dec. 2019)


What is NanoFlex Power Asset Turnover?

NanoFlex Power OPVS Asset Turnover is 0.20 as of Dec. 2019.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. NanoFlex Power's Revenue for the three months ended in Dec. 2019 was $0.12 Mil. NanoFlex Power's Total Assets for the quarter that ended in Dec. 2019 was $0.58 Mil. Therefore, NanoFlex Power's Asset Turnover for the quarter that ended in Dec. 2019 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. NanoFlex Power's annualized ROE % for the quarter that ended in Dec. 2019 was 87.87%. It is also linked to ROA % through Du Pont Formula. NanoFlex Power's annualized ROA % for the quarter that ended in Dec. 2019 was -2,681.46%.

NanoFlex Power  (OTCPK:OPVS) Asset Turnover Explanation

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

NanoFlex Power's annulized ROE % for the quarter that ended in Dec. 2019 is

ROE %**(Q: Dec. 2019 )
=Net Income/Total Stockholders Equity
=-15.472/-17.607
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.472 / 0.464)*(0.464 / 0.577)*(0.577/ -17.607)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3334.48 %*0.8042*-0.0328
=ROA %*Equity Multiplier
=-2,681.46 %*-0.0328
=87.87 %

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

NanoFlex Power's annulized ROA % for the quarter that ended in Dec. 2019 is

ROA %(Q: Dec. 2019 )
=Net Income/Total Assets
=-15.472/0.577
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15.472 / 0.464)*(0.464 / 0.577)
=Net Margin %*Asset Turnover
=-3334.48 %*0.8042
=-2,681.46 %

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

NanoFlex Power Asset Turnover Related Terms

NanoFlex Power Asset Turnover Historical Data

* Premium members only.

The historical data trend for NanoFlex Power'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.

NanoFlex Power Asset Turnover Chart

NanoFlex Power Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial 1.78 1.58 2.11 2.68 0.50

NanoFlex Power Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.34 0.17 0.00 0.18 0.20

OPVS vs SPI, PECK, VVPR: Asset Turnover Comparison

For the Solar subindustry, NanoFlex Power'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.

NanoFlex Power Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, NanoFlex Power's Asset Turnover distribution charts can be found below:

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


NanoFlex Power Asset Turnover Calculation

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

NanoFlex Power's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=0.293/( (0.517+0.667)/ 2 )
=0.293/0.592
=0.49

NanoFlex Power's Asset Turnover for the quarter that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=0.116/( (0.487+0.667)/ 2 )
=0.116/0.577
=0.20

* 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 0.20 mean?
NanoFlex Power (OPVS) has a Asset Turnover of 0.20 as of Dec. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on NanoFlex Power and its competitors.
Is NanoFlex Power's Asset Turnover too high?
NanoFlex Power's current Asset Turnover is 0.20.
How does NanoFlex Power's Asset Turnover compare to SPI and PECK?
NanoFlex Power's Asset Turnover of 0.20 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 NanoFlex Power and its competitors. NanoFlex Power's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NanoFlex Power stock overvalued right now?
NanoFlex Power (OPVS) has a current Asset Turnover of 0.20. The current Asset Turnover is 0.20. 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 NanoFlex Power (OPVS), the current Asset Turnover is 0.20 as of Dec. 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.

NanoFlex Power Business Description

Address 15333 North Pima Road, Suite 305, Scottsdale, AZ, USA, 85260
NanoFlex Power Corp serves in the solar industry in the United States. It is organized to fund, develop, commercialize and license advanced photovoltaic technologies that enable thin-film solar products with industry- leading efficiencies, light weight, flexibility, and low total system cost. These technologies are used for applications including portable and off-grid power generation, building applied photovoltaics, building integrated photovoltaics, space vehicles and unmanned aerial vehicles, semi-transparent solar power generating windows or glazing, ultra-thin solar films for automobiles or other consumer applications and solar-powered sensors.