PNNX (Pennexx Foods) Asset Turnover: 0.00 (As of . 20)

What is Pennexx Foods Asset Turnover?

Pennexx Foods PNNX Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pennexx Foods's Revenue for the three months ended in . 20 was $ Mil. Pennexx Foods's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, Pennexx Foods's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Pennexx Foods's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Pennexx Foods's annualized ROA % for the quarter that ended in . 20 was %.

Pennexx Foods (OTCPK:PNNX) Asset Turnover Explanation

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

Pennexx Foods's annulized ROE % for the quarter that ended in . 20 is

	ROE %^**		(Q: . 20 )
=	Net Income	/	Total Stockholders Equity
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	( / )	*	( / )	*	(/ )
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*		*
=	ROA %	*	Equity Multiplier
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Pennexx Foods's annulized ROA % for the quarter that ended in . 20 is

	ROA %		(Q: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) revenue data.

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.

Pennexx Foods Asset Turnover Related Terms

Pennexx Foods Asset Turnover Historical Data

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The historical data trend for Pennexx Foods's Asset Turnover can be seen below:

Pennexx Foods Asset Turnover Chart

Pennexx Foods Annual Data

Trend

Asset Turnover

Pennexx Foods Quarterly Data

Asset Turnover

PNNX vs : Asset Turnover Comparison

For the Software - Application subindustry, Pennexx Foods'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.

Pennexx Foods Asset Turnover vs Software Industry

For the Software industry and Technology sector, Pennexx Foods's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pennexx Foods's Asset Turnover falls into.

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Pennexx Foods Asset Turnover Calculation

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

Pennexx Foods's Asset Turnover for the fiscal year that ended in . 20 is calculated as

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

Pennexx Foods's Asset Turnover for the quarter that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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 0.00 mean?

Pennexx Foods (PNNX) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pennexx Foods and its competitors.

Is Pennexx Foods' Asset Turnover too high?

Pennexx Foods' current Asset Turnover is 0.00.

How does Pennexx Foods' Asset Turnover compare to ?

Pennexx Foods' Asset Turnover of 0.00 can be compared against companies in the Software 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 Software company?

A good Asset Turnover depends on the Software 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 Pennexx Foods and its competitors. Pennexx Foods's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pennexx Foods stock overvalued right now?

Pennexx Foods (PNNX) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Pennexx Foods (PNNX), the current Asset Turnover is 0.00 as of . 20. 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.

Pennexx Foods Business Description

Industry Technology Software

Comparable Companies

Address 2420 Enterprise Road, Suite 107, Clearwater, FL, USA, 33763

Website http://www.pennexx.net

Pennexx Foods Inc has enhanced its offerings to include Software-as-a-Service (SaaS) business models and expanded beyond the coupon, marketing, and financial sectors to a broader range of industries. The Company offers a portfolio of cloud-based software applications at alpha, beta, and production stages, some generating recurring revenue. Its products support business operations, customer engagement, data management, and digital marketing, leveraging artificial intelligence to analyze consumer behavior and deliver targeted promotions and incentives, and it earns revenue through licensing fees, software downloads to hardware devices, and consulting services, including merchant fees for social media advertising.