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Global Water Technologies (Global Water Technologies) Asset Turnover : 0.40 (As of Mar. 2002)


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What is Global Water Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Water Technologies's Revenue for the three months ended in Mar. 2002 was $25.10 Mil. Global Water Technologies's Total Assets for the quarter that ended in Mar. 2002 was $62.19 Mil. Therefore, Global Water Technologies's Asset Turnover for the quarter that ended in Mar. 2002 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Water Technologies's annualized ROE % for the quarter that ended in Mar. 2002 was 11.09%. It is also linked to ROA % through Du Pont Formula. Global Water Technologies's annualized ROA % for the quarter that ended in Mar. 2002 was 0.84%.


Global Water Technologies Asset Turnover Historical Data

The historical data trend for Global Water Technologies'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.

Global Water Technologies Asset Turnover Chart

Global Water Technologies Annual Data
Trend Dec01
Asset Turnover
1.42

Global Water Technologies Quarterly Data
Jun01 Sep01 Dec01 Mar02
Asset Turnover 0.49 0.41 0.57 0.40

Competitive Comparison of Global Water Technologies's Asset Turnover

For the Pollution & Treatment Controls subindustry, Global Water Technologies'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.


Global Water Technologies's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Water Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Water Technologies's Asset Turnover falls into.



Global Water Technologies Asset Turnover Calculation

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

Global Water Technologies's Asset Turnover for the fiscal year that ended in Dec. 2001 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2001 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2001 ))/ count )
=/( (+)/ )
=/
=

Global Water Technologies's Asset Turnover for the quarter that ended in Mar. 2002 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2002 )/( (Total Assets (Q: Dec. 2001 )+Total Assets (Q: Mar. 2002 ))/ count )
=25.1/( (60.135+64.239)/ 2 )
=25.1/62.187
=0.40

* 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.


Global Water Technologies  (OTCPK:GWTR) Asset Turnover Explanation

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

Global Water Technologies's annulized ROE % for the quarter that ended in Mar. 2002 is

ROE %**(Q: Mar. 2002 )
=Net Income/Total Stockholders Equity
=0.52/4.6885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.52 / 100.4)*(100.4 / 62.187)*(62.187/ 4.6885)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.52 %*1.6145*13.2637
=ROA %*Equity Multiplier
=0.84 %*13.2637
=11.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2002) net income data. The Revenue data used here is four times the quarterly (Mar. 2002) 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:

Global Water Technologies's annulized ROA % for the quarter that ended in Mar. 2002 is

ROA %(Q: Mar. 2002 )
=Net Income/Total Assets
=0.52/62.187
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.52 / 100.4)*(100.4 / 62.187)
=Net Margin %*Asset Turnover
=0.52 %*1.6145
=0.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2002) net income data. The Revenue data used here is four times the quarterly (Mar. 2002) 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.


Global Water Technologies Asset Turnover Related Terms

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Global Water Technologies (Global Water Technologies) Business Description

Traded in Other Exchanges
N/A
Address
125 W. South Street, Suite 702, Indianapolis, IN, USA, 46206
Global Water Technologies Inc is involved in the development and commercialization of new technologies to improve efficiency in drinking water systems and sales of water treatment products and services. It also develops smart water grid solutions.

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