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Pervasip (Pervasip) Asset Turnover : 0.37 (As of Aug. 2023)


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What is Pervasip Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pervasip's Revenue for the three months ended in Aug. 2023 was $4.40 Mil. Pervasip's Total Assets for the quarter that ended in Aug. 2023 was $11.85 Mil. Therefore, Pervasip's Asset Turnover for the quarter that ended in Aug. 2023 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. Pervasip's annualized ROE % for the quarter that ended in Aug. 2023 was -33.96%. It is also linked to ROA % through Du Pont Formula. Pervasip's annualized ROA % for the quarter that ended in Aug. 2023 was -18.61%.


Pervasip Asset Turnover Historical Data

The historical data trend for Pervasip'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.

Pervasip Asset Turnover Chart

Pervasip Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.24 5.18 4.83 0.78 0.81

Pervasip Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Aug22 Aug23
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 1.03 - - 47.68 0.37

Competitive Comparison of Pervasip's Asset Turnover

For the Advertising Agencies subindustry, Pervasip'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.


Pervasip's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pervasip's Asset Turnover distribution charts can be found below:

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



Pervasip Asset Turnover Calculation

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

Pervasip's Asset Turnover for the fiscal year that ended in Nov. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2015 )/( (Total Assets (A: Nov. 2014 )+Total Assets (A: Nov. 2015 ))/ count )
=0.605/( (1.052+0.445)/ 2 )
=0.605/0.7485
=0.81

Pervasip's Asset Turnover for the quarter that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Aug. 2023 ))/ count )
=4.404/( (0+11.845)/ 1 )
=4.404/11.845
=0.37

* 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.


Pervasip  (OTCPK:PVSP) Asset Turnover Explanation

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

Pervasip's annulized ROE % for the quarter that ended in Aug. 2023 is

ROE %**(Q: Aug. 2023 )
=Net Income/Total Stockholders Equity
=-2.204/6.49
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.204 / 17.616)*(17.616 / 11.845)*(11.845/ 6.49)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.51 %*1.4872*1.8251
=ROA %*Equity Multiplier
=-18.61 %*1.8251
=-33.96 %

Note: The Net Income data used here is four times the quarterly (Aug. 2023) net income data. The Revenue data used here is four times the quarterly (Aug. 2023) 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:

Pervasip's annulized ROA % for the quarter that ended in Aug. 2023 is

ROA %(Q: Aug. 2023 )
=Net Income/Total Assets
=-2.204/11.845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.204 / 17.616)*(17.616 / 11.845)
=Net Margin %*Asset Turnover
=-12.51 %*1.4872
=-18.61 %

Note: The Net Income data used here is four times the quarterly (Aug. 2023) net income data. The Revenue data used here is four times the quarterly (Aug. 2023) 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.


Pervasip Asset Turnover Related Terms

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


Pervasip (Pervasip) Business Description

Traded in Other Exchanges
N/A
Address
1917 1st Avenue, Suite 400, Seattle, WA, USA, 98101
Pervasip Corp principal activities of Company are consulting, IP licensing, management, staffing, leasing, and support services. It is a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the emerging cannabis industry. It also, own the rights to a cannabis brand.
Executives
Kevin Kreisler other: Officer of subsidiary P.O. BOX 284, MT. ARLINGTON NJ 07856
Flux Carbon Corp 10 percent owner 5950 SHILOH ROAD EAST, SUITE N, ALPHARETTA GA 30005
Scott Robert Widham director BROADWING CORPORATION, 1122 CAPITAL OF TEXAS HIGHWAY SOUTH, AUSTIN TX 78746
Cherian Mathai director 2-01 50TH STREET, APARTMENT 4 C, LONG ISLAND CITY NY 11101
S Miller Williams director C/O WILLBROS USA INC, 4400 POST OAK PARKWAY SUITE 1000, HOUSTON TX 77027
Gayle L Greer director P O BOX 840 STE 300, DENVER CO 80201
Michael H Khalilian director, officer: Chief Technology Officer 478 E. ALTAMONTE DRIVE, SUITE 108-480, ALTAMONTE SPRINGS FL 32701
Mark Richards other: President of subsidiary 118 CELEBRATION BLVD., CELEBRATION FL 34747
Greg M Cooper director
Paul H Riss director, officer: Chief Executive Officer, other: Chief Financial Officer
Joel Dupre director C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601

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