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Powered Brands (Powered Brands) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Powered Brands Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Powered Brands's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Powered Brands's Total Assets for the quarter that ended in Sep. 2022 was $277.31 Mil. Therefore, Powered Brands's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Powered Brands's annualized ROE % for the quarter that ended in Sep. 2022 was 1.99%. It is also linked to ROA % through Du Pont Formula. Powered Brands's annualized ROA % for the quarter that ended in Sep. 2022 was 1.91%.


Powered Brands Asset Turnover Historical Data

The historical data trend for Powered Brands'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.

Powered Brands Asset Turnover Chart

Powered Brands Annual Data
Trend Dec20 Dec21
Asset Turnover
- -

Powered Brands Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Powered Brands's Asset Turnover

For the Shell Companies subindustry, Powered Brands'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.


Powered Brands's Asset Turnover Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Powered Brands's Asset Turnover falls into.



Powered Brands Asset Turnover Calculation

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

Powered Brands's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0.42+276.95)/ 2 )
=0/138.685
=0.00

Powered Brands's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (276.821+277.808)/ 2 )
=0/277.3145
=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.


Powered Brands  (NAS:POWRU) Asset Turnover Explanation

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

Powered Brands's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=5.288/266.215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.288 / 0)*(0 / 277.3145)*(277.3145/ 266.215)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0417
=ROA %*Equity Multiplier
=1.91 %*1.0417
=1.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Powered Brands's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=5.288/277.3145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.288 / 0)*(0 / 277.3145)
=Net Margin %*Asset Turnover
= %*0
=1.91 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Powered Brands Asset Turnover Related Terms

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


Powered Brands (Powered Brands) Business Description

Traded in Other Exchanges
N/A
Address
292 Madison Avenue, Floor 8, New York, NY, USA, 10017
Powered Brands is a blank check company.
Executives
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Mito Yamada director, officer: Chief Operating Officer C/O POWERED BRANDS, INC., 292 MADISON AVE., FL. 8, NEW YORK NY 10017
Dana R Settle director 2800 SANDHILL ROAD SUITE 250, MENIO PARK CA 94025
Katherine Power director, officer: Chief Executive Officer 1880 CENTURY PARK EAST, SUITE 1600, LOS ANGELES CA 90067
Management Pb 10 percent owner 1880 CENTURY PARK EAST, SUITE 1600, LOS ANGELES CA 90067
Karen Cate director 1880 CENTURY PARK EAST, SUITE 1600, LOS ANGELES CA 90067
Brianna Mobrem officer: Chief Financial Officer 1880 CENTURY PARK EAST, SUITE 1600, LOS ANGELES CA 90067

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