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PGOG (PERF Go-Green Holdings) Asset Turnover : 0.09 (As of Dec. 2009)


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What is PERF Go-Green Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PERF Go-Green Holdings's Revenue for the three months ended in Dec. 2009 was $0.24 Mil. PERF Go-Green Holdings's Total Assets for the quarter that ended in Dec. 2009 was $2.75 Mil. Therefore, PERF Go-Green Holdings's Asset Turnover for the quarter that ended in Dec. 2009 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. PERF Go-Green Holdings's annualized ROE % for the quarter that ended in Dec. 2009 was -171.22%. It is also linked to ROA % through Du Pont Formula. PERF Go-Green Holdings's annualized ROA % for the quarter that ended in Dec. 2009 was 321.89%.


PERF Go-Green Holdings Asset Turnover Historical Data

The historical data trend for PERF Go-Green 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.

* Premium members only.

PERF Go-Green Holdings Asset Turnover Chart

PERF Go-Green Holdings Annual Data
Trend Oct06 Oct07 Mar09
Asset Turnover
- - 0.94

PERF Go-Green Holdings Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.21 0.15 0.11 0.09

Competitive Comparison of PERF Go-Green Holdings's Asset Turnover

For the Specialty Chemicals subindustry, PERF Go-Green 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.


PERF Go-Green Holdings's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PERF Go-Green Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PERF Go-Green Holdings's Asset Turnover falls into.



PERF Go-Green Holdings Asset Turnover Calculation

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

PERF Go-Green Holdings's Asset Turnover for the fiscal year that ended in Mar. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2009 )/( (Total Assets (A: Oct. 2007 )+Total Assets (A: Mar. 2009 ))/ count )
=1.743/( (0.003+3.726)/ 2 )
=1.743/1.8645
=0.93

PERF Go-Green Holdings's Asset Turnover for the quarter that ended in Dec. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2009 )/( (Total Assets (Q: Sep. 2009 )+Total Assets (Q: Dec. 2009 ))/ count )
=0.243/( (3.201+2.299)/ 2 )
=0.243/2.75
=0.09

* 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.


PERF Go-Green Holdings  (GREY:PGOG) Asset Turnover Explanation

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

PERF Go-Green Holdings's annulized ROE % for the quarter that ended in Dec. 2009 is

ROE %**(Q: Dec. 2009 )
=Net Income/Total Stockholders Equity
=8.852/-5.17
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.852 / 0.972)*(0.972 / 2.75)*(2.75/ -5.17)
=Net Margin %*Asset Turnover*Equity Multiplier
=910.7 %*0.3535*-0.5319
=ROA %*Equity Multiplier
=321.89 %*-0.5319
=-171.22 %

Note: The Net Income data used here is four times the quarterly (Dec. 2009) net income data. The Revenue data used here is four times the quarterly (Dec. 2009) 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:

PERF Go-Green Holdings's annulized ROA % for the quarter that ended in Dec. 2009 is

ROA %(Q: Dec. 2009 )
=Net Income/Total Assets
=8.852/2.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.852 / 0.972)*(0.972 / 2.75)
=Net Margin %*Asset Turnover
=910.7 %*0.3535
=321.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2009) net income data. The Revenue data used here is four times the quarterly (Dec. 2009) 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.


PERF Go-Green Holdings Asset Turnover Related Terms

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PERF Go-Green Holdings Business Description

Traded in Other Exchanges
N/A
Address
12 E. 52nd Street, 4th Floor, New York, NY, USA, 10022
Website
PERF Go-Green Holdings Inc is engaged in the production of biodegradable plastic products.

PERF Go-Green Holdings Headlines

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