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S&W Seed Co (S&W Seed Co) Asset Turnover : 0.07 (As of Dec. 2023)


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What is S&W Seed Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. S&W Seed Co's Revenue for the three months ended in Dec. 2023 was $10.87 Mil. S&W Seed Co's Total Assets for the quarter that ended in Dec. 2023 was $146.25 Mil. Therefore, S&W Seed Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. S&W Seed Co's annualized ROE % for the quarter that ended in Dec. 2023 was -43.30%. It is also linked to ROA % through Du Pont Formula. S&W Seed Co's annualized ROA % for the quarter that ended in Dec. 2023 was -17.69%.


S&W Seed Co Asset Turnover Historical Data

The historical data trend for S&W Seed Co'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.

S&W Seed Co Asset Turnover Chart

S&W Seed Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.53 0.55 0.50 0.52

S&W Seed Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.10 0.12 0.15 0.11 0.07

Competitive Comparison of S&W Seed Co's Asset Turnover

For the Farm Products subindustry, S&W Seed Co'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.


S&W Seed Co's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, S&W Seed Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where S&W Seed Co's Asset Turnover falls into.



S&W Seed Co Asset Turnover Calculation

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

S&W Seed Co's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=73.521/( (133.788+151.99)/ 2 )
=73.521/142.889
=0.51

S&W Seed Co's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=10.865/( (148.822+143.674)/ 2 )
=10.865/146.248
=0.07

* 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.


S&W Seed Co  (NAS:SANW) Asset Turnover Explanation

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

S&W Seed Co's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-25.876/59.7605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.876 / 43.46)*(43.46 / 146.248)*(146.248/ 59.7605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-59.54 %*0.2972*2.4472
=ROA %*Equity Multiplier
=-17.69 %*2.4472
=-43.30 %

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

S&W Seed Co's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-25.876/146.248
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.876 / 43.46)*(43.46 / 146.248)
=Net Margin %*Asset Turnover
=-59.54 %*0.2972
=-17.69 %

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


S&W Seed Co Asset Turnover Related Terms

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


S&W Seed Co (S&W Seed Co) Business Description

Traded in Other Exchanges
Address
2101 Ken Pratt Boulevard, Suite 201, Longmont, CO, USA, 80501
S&W Seed Co is a multi-crop, middle-market agricultural company. It is engaged in the breeding, production, and sale of alfalfa seed and sorghum seed. It also has a growing commercial market presence in sunflower and maintains an active stevia development program. The company's seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. It produces approximately 500 seed products and has a sale in more than 40 countries. Its geographical segments include the United States, Australia, Saudi Arabia, Mexico, South Africa, and other countries.
Executives
Vanessa Baughman officer: Interim CFO C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Mark Herrmann director C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Mark Wong director, officer: CEO and President BIOFUEL ENERGY CORP., 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Elizabeth Horton officer: Chief Financial Officer C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
David Thomas Callachor officer: Executive VP, International C/O S&W SEED COMPANY, 106 K STREET, SUITE 300, SACRAMENTO CA 95814
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan D Willits director 5122 PURDUE AVENUE, DALLAS TX 75209
Matthew K Szot officer: VP Finance and CFO 802 NORTH DOUTY STREET, HANFORD CA 93230
Robert D Straus director 230 EAST 44TH ST APT 9C, NEW YORK NY 10017
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner