Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Scheid Vineyards's Revenue for the
six
months ended in Aug. 2023 was $27.70 Mil. Scheid Vineyards's Total Assets for the quarter that ended in Aug. 2023 was $183.57 Mil. Therefore, Scheid Vineyards's Asset Turnover for the quarter that ended in Aug. 2023 was 0.15.
Asset Turnover is linked to ROE % through Du Pont Formula. Scheid Vineyards's annualizedROE % for the quarter that ended in Aug. 2023 was -29.16%. It is also linked to ROA % through Du Pont Formula. Scheid Vineyards's annualizedROA % for the quarter that ended in Aug. 2023 was -5.28%.
Note:
The Net Income data used here is two times the semi-annual (Aug. 2023) net income data. The Revenue data used here is two times the semi-annual (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:
Scheid Vineyards's annulizedROA % for the quarter that ended in Aug. 2023 is
Note:
The Net Income data used here is two times the semi-annual (Aug. 2023) net income data. The Revenue data used here is two times the semi-annual (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.
Scheid Vineyards Asset Turnover Related Terms
Scheid Vineyards Asset Turnover Historical Data
* Premium members only.
The historical data trend for Scheid Vineyards'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.
SVIN vs LQR, EAST, SRSG: Asset Turnover Comparison
For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards'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.
Scheid Vineyards Asset Turnover vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Scheid Vineyards's Asset Turnover falls into.
* 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.
Scheid Vineyards (SVIN) has a Asset Turnover of 0.15 as of Aug. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' Asset Turnover too high?
Scheid Vineyards' current Asset Turnover is 0.15. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Asset Turnover compare to LQR and EAST?
Scheid Vineyards' Asset Turnover of 0.15 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Asset Turnover depends on the Beverages - Alcoholic 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 Scheid Vineyards and its competitors. Scheid Vineyards's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Asset Turnover of 0.15. The current Asset Turnover is 0.15. Scheid Vineyards' overall GF Score™ is 12/100. 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 Scheid Vineyards (SVIN), the current Asset Turnover is 0.15 as of Aug. 2023. 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.
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
12GF Score
Get the complete analysis for SVIN
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SVIN has been successfully added to your 
