PreVu (PRVU) Asset Turnover: 0.47 (As of Apr. 2008)

What is PreVu Asset Turnover?

PreVu PRVU Asset Turnover is 0.47 as of Apr. 2008.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PreVu's Revenue for the three months ended in Apr. 2008 was $36.4 Mil. PreVu's Total Assets for the quarter that ended in Apr. 2008 was $77.7 Mil. Therefore, PreVu's Asset Turnover for the quarter that ended in Apr. 2008 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. PreVu's annualized ROE % for the quarter that ended in Apr. 2008 was 1,305.83%. It is also linked to ROA % through Du Pont Formula. PreVu's annualized ROA % for the quarter that ended in Apr. 2008 was -115.19%.

PreVu (OTCPK:PRVU) Asset Turnover Explanation

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

PreVu's annulized ROE % for the quarter that ended in Apr. 2008 is

	ROE %^**		(Q: Apr. 2008 )
=	Net Income	/	Total Stockholders Equity
=	-89.456	/	-6.8505
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-89.456 / 145.74)	*	(145.74 / 77.659)	*	(77.659/ -6.8505)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-61.38 %	*	1.8767	*	-11.3363
=	ROA %	*	Equity Multiplier
=	-115.19 %	*	-11.3363
=	1,305.83 %

Note: The Net Income data used here is four times the quarterly (Apr. 2008) net income data. The Revenue data used here is four times the quarterly (Apr. 2008) 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:

PreVu's annulized ROA % for the quarter that ended in Apr. 2008 is

	ROA %		(Q: Apr. 2008 )
=	Net Income	/	Total Assets
=	-89.456	/	77.659
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-89.456 / 145.74)	*	(145.74 / 77.659)
=	Net Margin %	*	Asset Turnover
=	-61.38 %	*	1.8767
=	-115.19 %

Note: The Net Income data used here is four times the quarterly (Apr. 2008) net income data. The Revenue data used here is four times the quarterly (Apr. 2008) 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.

PreVu Asset Turnover Related Terms

PreVu Asset Turnover Historical Data

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

PreVu Asset Turnover Chart

PreVu Annual Data

Trend

Jan98

Jan99

Jan00

Jan01

Jan02

Jan03

Jan04

Jan05

Jan06

Jan07

Asset Turnover

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1.97

2.25

2.18

2.16

1.98

PreVu Quarterly Data
	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08
Asset Turnover	Get a 7-Day Free Trial															0.32	0.36	0.45	1.07	0.47

PRVU vs GMANQ, IVDN, FJBHF: Asset Turnover Comparison

For the Apparel Retail subindustry, PreVu'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.

PreVu Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PreVu's Asset Turnover distribution charts can be found below:

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

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PreVu Asset Turnover Calculation

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

PreVu's Asset Turnover for the fiscal year that ended in Jan. 2007 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Jan. 2007 )	/	( (Total Assets (A: Jan. 2006 )	+	Total Assets (A: Jan. 2007 ))	/ count )
=	321.262	/	( (179.868	+	145.345)	/ 2 )
=	321.262	/	162.6065
=	1.98

PreVu's Asset Turnover for the quarter that ended in Apr. 2008 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Apr. 2008 )	/	( (Total Assets (Q: Jan. 2008 )	+	Total Assets (Q: Apr. 2008 ))	/ count )
=	36.435	/	( (90.589	+	64.729)	/ 2 )
=	36.435	/	77.659
=	0.47

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 0.47 mean?

PreVu (PRVU) has a Asset Turnover of 0.47 as of Apr. 2008. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PreVu and its competitors.

Is PreVu's Asset Turnover too high?

PreVu's current Asset Turnover is 0.47.

How does PreVu's Asset Turnover compare to GMANQ and IVDN?

PreVu's Asset Turnover of 0.47 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Asset Turnover depends on the Retail - Cyclical 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 PreVu and its competitors. PreVu's current Asset Turnover is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PreVu stock overvalued right now?

PreVu (PRVU) has a current Asset Turnover of 0.47. The current Asset Turnover is 0.47. 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 PreVu (PRVU), the current Asset Turnover is 0.47 as of Apr. 2008. 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.

PreVu Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies GMANQ IVDN FJBHF DEST BEBE CBK SSI SMRT NWY CHKE TTTXF DXLG BOOT RTMAF TLYS CTRN SCVL FRAN ASNA CATO

Address 7401 Boone Avenue North, Brooklyn Park, MN, USA, 55428

Website http://www.wilsonsleather.com

PreVu Inc is a retailer of leather outerwear, accessories and apparel in the United States. The company's products include men's and women's fashion leather jackets, handbags and other accessories.