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PSQH (PSQ Holdings) Asset Turnover : 0.15 (As of Sep. 2024)


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What is PSQ Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PSQ Holdings's Revenue for the three months ended in Sep. 2024 was $6.54 Mil. PSQ Holdings's Total Assets for the quarter that ended in Sep. 2024 was $44.65 Mil. Therefore, PSQ Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. PSQ Holdings's annualized ROE % for the quarter that ended in Sep. 2024 was -631.90%. It is also linked to ROA % through Du Pont Formula. PSQ Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -117.69%.


PSQ Holdings Asset Turnover Historical Data

The historical data trend for PSQ Holdings'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.

PSQ Holdings Asset Turnover Chart

PSQ Holdings Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
- 0.18 0.39

PSQ Holdings Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.09 0.09 0.13 0.15

Competitive Comparison of PSQ Holdings's Asset Turnover

For the Software - Application subindustry, PSQ Holdings'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.


PSQ Holdings's Asset Turnover Distribution in the Software Industry

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

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



PSQ Holdings Asset Turnover Calculation

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

PSQ Holdings'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 )
=5.686/( (4.216+25.247)/ 2 )
=5.686/14.7315
=0.39

PSQ Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=6.54/( (45.06+44.246)/ 2 )
=6.54/44.653
=0.15

* 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.


PSQ Holdings  (NYSE:PSQH) Asset Turnover Explanation

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

PSQ Holdings's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-52.552/8.3165
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-52.552 / 26.16)*(26.16 / 44.653)*(44.653/ 8.3165)
=Net Margin %*Asset Turnover*Equity Multiplier
=-200.89 %*0.5859*5.3692
=ROA %*Equity Multiplier
=-117.69 %*5.3692
=-631.90 %

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

PSQ Holdings's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-52.552/44.653
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-52.552 / 26.16)*(26.16 / 44.653)
=Net Margin %*Asset Turnover
=-200.89 %*0.5859
=-117.69 %

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


PSQ Holdings Asset Turnover Related Terms

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


PSQ Holdings Business Description

Traded in Other Exchanges
N/A
Address
250 South Australian Avenue, Suite 1300, West Palm Beach, FL, USA, 33401
PSQ Holdings Inc operates the website and mobile application named as PublicSq. It is an app and website that connects freedom-loving Americans to high-quality businesses that share values, both online and in local communities. The primary mission of the platform is to help consumers "shop their values" and put purpose behind purchases. It has two reportable segments comprised of Marketplace; which includes a marketplace platform to access consumers that are drawn to patriotic values and the revenue is generated in the form of advertising and eCommerce transactions, and Brands segment in which through its wholly-owned brand, the company generates revenue from online sales of diapers and wipes.
Executives
Bradley Searle officer: Chief Financial Officer 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Michael Stephen Seifert director, officer: Chief Executive Officer 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Kelly Lynn Loeffler director 222 LAKEVIEW AVENUE, SUITE 800, WEST PALM BEACH FL 33401
Brian Elkins officer: CISO 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Andrew Weisbecker officer: Chief Product Officer 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
James Rinn director 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Davis Iii Pilot director 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Blake Masters director 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Michael Robert Hebert officer: Chief People Officer 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Caroline Carralero director 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Sebastian Harris officer: Chief Operating Officer 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Stephen M Moran officer: Gen. Counsel, CLO & Secretary 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
James Nicholas Ayers director 516 SOUTH DIXIE HIGHWAY, PMB 191, WEST PALM BEACH FL 33401
Edward Kim director 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480
Keri Findley director 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480