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PSIX (Power Solutions International) Asset Turnover : 0.43 (As of Dec. 2024)


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What is Power Solutions International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Power Solutions International's Revenue for the three months ended in Dec. 2024 was $144.3 Mil. Power Solutions International's Total Assets for the quarter that ended in Dec. 2024 was $333.7 Mil. Therefore, Power Solutions International's Asset Turnover for the quarter that ended in Dec. 2024 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Power Solutions International's annualized ROE % for the quarter that ended in Dec. 2024 was 173.53%. It is also linked to ROA % through Du Pont Formula. Power Solutions International's annualized ROA % for the quarter that ended in Dec. 2024 was 27.92%.


Power Solutions International Asset Turnover Historical Data

The historical data trend for Power Solutions International'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.

Power Solutions International Asset Turnover Chart

Power Solutions International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.56 1.55 1.52 1.55

Power Solutions International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 0.36 0.33 0.37 0.39 0.43

Competitive Comparison of Power Solutions International's Asset Turnover

For the Specialty Industrial Machinery subindustry, Power Solutions International'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.


Power Solutions International's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Power Solutions International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Power Solutions International's Asset Turnover falls into.


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Power Solutions International Asset Turnover Calculation

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

Power Solutions International's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=475.967/( (284.303+328.182)/ 2 )
=475.967/306.2425
=1.55

Power Solutions International's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=144.299/( (339.135+328.182)/ 2 )
=144.299/333.6585
=0.43

* 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.


Power Solutions International  (NAS:PSIX) Asset Turnover Explanation

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

Power Solutions International's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=93.148/53.678
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(93.148 / 577.196)*(577.196 / 333.6585)*(333.6585/ 53.678)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.14 %*1.7299*6.2159
=ROA %*Equity Multiplier
=27.92 %*6.2159
=173.53 %

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

Power Solutions International's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=93.148/333.6585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(93.148 / 577.196)*(577.196 / 333.6585)
=Net Margin %*Asset Turnover
=16.14 %*1.7299
=27.92 %

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


Power Solutions International Asset Turnover Related Terms

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Power Solutions International Business Description

Traded in Other Exchanges
N/A
Address
201 Mittel Drive, Wood Dale, IL, USA, 60191
Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates majority of its sales from United States.
Executives
Gary S Winemaster director, 10 percent owner, officer: See Remarks 231 EAST COLONIAL DRIVE, VERNON HILLS IL 60061
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Fuzhang Yu director 201 MITTEL DRIVE, WOOD DALE IL 60191
Jiwen Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Gengsheng Zhang director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xun Li officer: Chief Financial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Junhua Gu officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Matthew Joseph Thomas officer: See Remarks 201 MITTEL DRIVE, WOOD DALE IL 60191
Fabrizio Mozzi director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lei Lei director 201 MITTEL DRIVE, WOOD DALE IL 60191
Xykis Constantine officer: Chief Technology Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Sidong Shao director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Xinghao Li director C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Hong He director 201 MITTEL DRIVE, WOOD DALE IL 60191
Lance Michael Arnett officer: Chief Commercial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191