SOSO (Storage Computer) Asset Turnover: 0.02 (As of Sep. 2004)

What is Storage Computer Asset Turnover?

Storage Computer SOSO -90.00% Asset Turnover is 0.02 as of Sep. 2004.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Storage Computer's Revenue for the three months ended in Sep. 2004 was $0.09 Mil. Storage Computer's Total Assets for the quarter that ended in Sep. 2004 was $4.69 Mil. Therefore, Storage Computer's Asset Turnover for the quarter that ended in Sep. 2004 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Storage Computer's annualized ROE % for the quarter that ended in Sep. 2004 was -1,026.21%. It is also linked to ROA % through Du Pont Formula. Storage Computer's annualized ROA % for the quarter that ended in Sep. 2004 was -79.30%.

Storage Computer (OTCPK:SOSO) Asset Turnover Explanation

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

Storage Computer's annulized ROE % for the quarter that ended in Sep. 2004 is

	ROE %^**		(Q: Sep. 2004 )
=	Net Income	/	Total Stockholders Equity
=	-3.72	/	0.3625
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-3.72 / 0.344)	*	(0.344 / 4.691)	*	(4.691/ 0.3625)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-1081.4 %	*	0.0733	*	12.9407
=	ROA %	*	Equity Multiplier
=	-79.30 %	*	12.9407
=	-1,026.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) 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:

Storage Computer's annulized ROA % for the quarter that ended in Sep. 2004 is

	ROA %		(Q: Sep. 2004 )
=	Net Income	/	Total Assets
=	-3.72	/	4.691
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-3.72 / 0.344)	*	(0.344 / 4.691)
=	Net Margin %	*	Asset Turnover
=	-1081.4 %	*	0.0733
=	-79.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) net income data. The Revenue data used here is four times the quarterly (Sep. 2004) revenue data.

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.

Storage Computer Asset Turnover Related Terms

Storage Computer Asset Turnover Historical Data

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The historical data trend for Storage Computer's Asset Turnover can be seen below:

Storage Computer Asset Turnover Chart

Storage Computer Annual Data

Trend

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Asset Turnover

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0.57

0.22

0.23

0.25

0.13

Storage Computer Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Asset Turnover	Get a 7-Day Free Trial															0.03	0.07	0.02	0.02	0.02

SOSO vs CRDS, MSDI, GLA: Asset Turnover Comparison

For the Computer Hardware subindustry, Storage Computer'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.

Storage Computer Asset Turnover vs Hardware Industry

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

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

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Storage Computer Asset Turnover Calculation

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

Storage Computer's Asset Turnover for the fiscal year that ended in Dec. 2003 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2003 )	/	( (Total Assets (A: Dec. 2002 )	+	Total Assets (A: Dec. 2003 ))	/ count )
=	1.045	/	( (9.874	+	5.773)	/ 2 )
=	1.045	/	7.8235
=	0.13

Storage Computer's Asset Turnover for the quarter that ended in Sep. 2004 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2004 )	/	( (Total Assets (Q: Jun. 2004 )	+	Total Assets (Q: Sep. 2004 ))	/ count )
=	0.086	/	( (4.819	+	4.563)	/ 2 )
=	0.086	/	4.691
=	0.02

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.02 mean?

Storage Computer (SOSO) has a Asset Turnover of 0.02 as of Sep. 2004. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Storage Computer and its competitors.

Is Storage Computer's Asset Turnover too high?

Storage Computer's current Asset Turnover is 0.02.

How does Storage Computer's Asset Turnover compare to CRDS and MSDI?

Storage Computer's Asset Turnover of 0.02 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for a Hardware company?

A good Asset Turnover depends on the Hardware industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Storage Computer and its competitors. Storage Computer's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Storage Computer stock overvalued right now?

Storage Computer (SOSO) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Storage Computer (SOSO), the current Asset Turnover is 0.02 as of Sep. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Storage Computer Business Description

Industry Technology Hardware

Comparable Companies CRDS MSDI GLA USAU QTM TFECF GDS PSTG TDC BRCD NTAP STX WDC

Address 11 Riverside Drive, Nashua, NH, USA, 03062-1373

Website https://www.storage.com

Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.