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PMV Consumer Acquisition (PMV Consumer Acquisition) Asset Turnover : 0.00 (As of Mar. 2024)


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What is PMV Consumer Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PMV Consumer Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. PMV Consumer Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $1.20 Mil. Therefore, PMV Consumer Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PMV Consumer Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was -52.88%. It is also linked to ROA % through Du Pont Formula. PMV Consumer Acquisition's annualized ROA % for the quarter that ended in Mar. 2024 was -25.76%.


PMV Consumer Acquisition Asset Turnover Historical Data

The historical data trend for PMV Consumer Acquisition'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.

PMV Consumer Acquisition Asset Turnover Chart

PMV Consumer Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- - - -

PMV Consumer Acquisition Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of PMV Consumer Acquisition's Asset Turnover

For the Shell Companies subindustry, PMV Consumer Acquisition'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.


PMV Consumer Acquisition's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, PMV Consumer Acquisition's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PMV Consumer Acquisition's Asset Turnover falls into.



PMV Consumer Acquisition Asset Turnover Calculation

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

PMV Consumer Acquisition's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (1.368+1.202)/ 2 )
=0/1.285
=0.00

PMV Consumer Acquisition's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (1.202+1.189)/ 2 )
=0/1.1955
=0.00

* 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.


PMV Consumer Acquisition  (OTCPK:PMVCD) Asset Turnover Explanation

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

PMV Consumer Acquisition's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.308/0.5825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.308 / 0)*(0 / 1.1955)*(1.1955/ 0.5825)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.0524
=ROA %*Equity Multiplier
=-25.76 %*2.0524
=-52.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

PMV Consumer Acquisition's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.308/1.1955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.308 / 0)*(0 / 1.1955)
=Net Margin %*Asset Turnover
= %*0
=-25.76 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


PMV Consumer Acquisition Asset Turnover Related Terms

Thank you for viewing the detailed overview of PMV Consumer Acquisition's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


PMV Consumer Acquisition (PMV Consumer Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
249 Royal Palm Way, Suite No. 503, Palm Beach, FL, USA, 33480
Website
PMV Consumer Acquisition Corp is a special purpose acquisition company.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Nathan G Miller officer: Chief Financial Officer 347 LUKES WOOD RD, NEW CANAAN CT 06840
Lapenta Robert V Jr officer: Co-Chief Executive Officer C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
Marc Gabelli director, officer: Co-CEO & Chairman of the Board 401 THEODORE FREMD AVE, RYE NY 10580
Timothy Foufas officer: Co-President and Secretary 2525 SHADER ROAD, ORLANDO FL 32804
Douglas R Jamieson director, officer: Non-Executive Co-Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Clarence A Davis director ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Susan Virginia Watson director C/O INTERPUBLIC GROUP OF COMPANIES, 1271 AVE OF AMERICAS 44TH FLOOR, NEW YORK NY 10019
Peter Kasper Jakobsen director, officer: Chairman and CEO 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721
Pmv Consumer Acquisition Holding Company, Llc 10 percent owner 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Joseph A. Gabelli officer: President 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Daniel E. Zucchi director 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
John N. Givissis officer: SVP, CAO and Treasurer 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480