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Darelle Online Solutions (TSXV:DAR) Asset Turnover : 1.00 (As of Nov. 2024)


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What is Darelle Online Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Darelle Online Solutions's Revenue for the three months ended in Nov. 2024 was C$0.02 Mil. Darelle Online Solutions's Total Assets for the quarter that ended in Nov. 2024 was C$0.02 Mil. Therefore, Darelle Online Solutions's Asset Turnover for the quarter that ended in Nov. 2024 was 1.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Darelle Online Solutions's annualized ROE % for the quarter that ended in Nov. 2024 was 10.05%. It is also linked to ROA % through Du Pont Formula. Darelle Online Solutions's annualized ROA % for the quarter that ended in Nov. 2024 was -680.00%.


Darelle Online Solutions Asset Turnover Historical Data

The historical data trend for Darelle Online Solutions'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.

Darelle Online Solutions Asset Turnover Chart

Darelle Online Solutions Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.81 0.88 0.54 1.59

Darelle Online Solutions Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.34 0.19 0.90 0.70 1.00

Competitive Comparison of Darelle Online Solutions's Asset Turnover

For the Internet Content & Information subindustry, Darelle Online Solutions'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.


Darelle Online Solutions's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Darelle Online Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Darelle Online Solutions's Asset Turnover falls into.


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Darelle Online Solutions Asset Turnover Calculation

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

Darelle Online Solutions's Asset Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=0.069/( (0.074+0.013)/ 2 )
=0.069/0.0435
=1.59

Darelle Online Solutions's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0.02/( (0.013+0.027)/ 2 )
=0.02/0.02
=1.00

* 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.


Darelle Online Solutions  (TSXV:DAR) Asset Turnover Explanation

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

Darelle Online Solutions's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-0.136/-1.353
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.136 / 0.08)*(0.08 / 0.02)*(0.02/ -1.353)
=Net Margin %*Asset Turnover*Equity Multiplier
=-170 %*4*-0.0148
=ROA %*Equity Multiplier
=-680.00 %*-0.0148
=10.05 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) 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:

Darelle Online Solutions's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-0.136/0.02
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.136 / 0.08)*(0.08 / 0.02)
=Net Margin %*Asset Turnover
=-170 %*4
=-680.00 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) 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.


Darelle Online Solutions Asset Turnover Related Terms

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Darelle Online Solutions Business Description

Traded in Other Exchanges
N/A
Address
4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6
Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.
Executives
Dean Bethune Senior Officer
Kyle Kotapski 10% Security Holder