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Remote Dynamics (Remote Dynamics) Asset Turnover : 0.30 (As of Sep. 2009)


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What is Remote Dynamics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Remote Dynamics's Revenue for the three months ended in Sep. 2009 was $1.29 Mil. Remote Dynamics's Total Assets for the quarter that ended in Sep. 2009 was $4.30 Mil. Therefore, Remote Dynamics's Asset Turnover for the quarter that ended in Sep. 2009 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. Remote Dynamics's annualized ROE % for the quarter that ended in Sep. 2009 was 25.41%. It is also linked to ROA % through Du Pont Formula. Remote Dynamics's annualized ROA % for the quarter that ended in Sep. 2009 was -61.37%.


Remote Dynamics Asset Turnover Historical Data

The historical data trend for Remote Dynamics'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.

Remote Dynamics Asset Turnover Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.57 0.36 0.55 0.93

Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.25 0.27 0.26 0.28 0.30

Competitive Comparison of Remote Dynamics's Asset Turnover

For the Scientific & Technical Instruments subindustry, Remote Dynamics'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.


Remote Dynamics's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Remote Dynamics's Asset Turnover distribution charts can be found below:

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



Remote Dynamics Asset Turnover Calculation

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

Remote Dynamics's Asset Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2008 )/( (Total Assets (A: Dec. 2007 )+Total Assets (A: Dec. 2008 ))/ count )
=5.258/( (6.131+5.165)/ 2 )
=5.258/5.648
=0.93

Remote Dynamics's Asset Turnover for the quarter that ended in Sep. 2009 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2009 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Sep. 2009 ))/ count )
=1.289/( (4.564+4.026)/ 2 )
=1.289/4.295
=0.30

* 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.


Remote Dynamics  (OTCPK:RMTD) Asset Turnover Explanation

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

Remote Dynamics's annulized ROE % for the quarter that ended in Sep. 2009 is

ROE %**(Q: Sep. 2009 )
=Net Income/Total Stockholders Equity
=-2.636/-10.3725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.636 / 5.156)*(5.156 / 4.295)*(4.295/ -10.3725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-51.12 %*1.2005*-0.4141
=ROA %*Equity Multiplier
=-61.37 %*-0.4141
=25.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2009) net income data. The Revenue data used here is four times the quarterly (Sep. 2009) 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:

Remote Dynamics's annulized ROA % for the quarter that ended in Sep. 2009 is

ROA %(Q: Sep. 2009 )
=Net Income/Total Assets
=-2.636/4.295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.636 / 5.156)*(5.156 / 4.295)
=Net Margin %*Asset Turnover
=-51.12 %*1.2005
=-61.37 %

Note: The Net Income data used here is four times the quarterly (Sep. 2009) net income data. The Revenue data used here is four times the quarterly (Sep. 2009) 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.


Remote Dynamics Asset Turnover Related Terms

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Remote Dynamics (Remote Dynamics) Business Description

Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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