RevoluGROUP Canada (TSXV:REVO) Asset Turnover: 0.08 (As of Feb. 2024)


What is RevoluGROUP Canada Asset Turnover?

RevoluGROUP Canada TSXV:REVO Asset Turnover is 0.08 as of Feb. 2024.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RevoluGROUP Canada's Revenue for the three months ended in Feb. 2024 was C$0.18 Mil. RevoluGROUP Canada's Total Assets for the quarter that ended in Feb. 2024 was C$2.37 Mil. Therefore, RevoluGROUP Canada's Asset Turnover for the quarter that ended in Feb. 2024 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. RevoluGROUP Canada's annualized ROE % for the quarter that ended in Feb. 2024 was -262.69%. It is also linked to ROA % through Du Pont Formula. RevoluGROUP Canada's annualized ROA % for the quarter that ended in Feb. 2024 was -122.91%.

RevoluGROUP Canada  (TSXV:REVO) Asset Turnover Explanation

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

RevoluGROUP Canada's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=-2.908/1.107
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.908 / 0.72)*(0.72 / 2.366)*(2.366/ 1.107)
=Net Margin %*Asset Turnover*Equity Multiplier
=-403.89 %*0.3043*2.1373
=ROA %*Equity Multiplier
=-122.91 %*2.1373
=-262.69 %

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

RevoluGROUP Canada's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=-2.908/2.366
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.908 / 0.72)*(0.72 / 2.366)
=Net Margin %*Asset Turnover
=-403.89 %*0.3043
=-122.91 %

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

RevoluGROUP Canada Asset Turnover Related Terms

RevoluGROUP Canada Asset Turnover Historical Data

* Premium members only.

The historical data trend for RevoluGROUP Canada'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.

RevoluGROUP Canada Asset Turnover Chart

RevoluGROUP Canada Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.64 0.06 0.09 0.20

RevoluGROUP Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.08 0.02 0.06 0.05 0.08

TSXV:REVO vs CRM, NOW, INTU: Asset Turnover Comparison

For the Software - Application subindustry, RevoluGROUP Canada'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.

RevoluGROUP Canada Asset Turnover vs Software Industry

For the Software industry and Technology sector, RevoluGROUP Canada's Asset Turnover distribution charts can be found below:

* The bar in red indicates where RevoluGROUP Canada's Asset Turnover falls into.


RevoluGROUP Canada Asset Turnover Calculation

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

RevoluGROUP Canada's Asset Turnover for the fiscal year that ended in May. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2023 )/( (Total Assets (A: May. 2022 )+Total Assets (A: May. 2023 ))/ count )
=0.436/( (2.412+2.047)/ 2 )
=0.436/2.2295
=0.20

RevoluGROUP Canada's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0.18/( (2.76+1.972)/ 2 )
=0.18/2.366
=0.08

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.08 mean?
RevoluGROUP Canada (TSXV:REVO) has a Asset Turnover of 0.08 as of Feb. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on RevoluGROUP Canada and its competitors.
Is RevoluGROUP Canada's Asset Turnover too high?
RevoluGROUP Canada's current Asset Turnover is 0.08.
How does RevoluGROUP Canada's Asset Turnover compare to CRM and NOW?
RevoluGROUP Canada's Asset Turnover of 0.08 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 RevoluGROUP Canada and its competitors. RevoluGROUP Canada's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RevoluGROUP Canada stock overvalued right now?
RevoluGROUP Canada (TSXV:REVO) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. 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 RevoluGROUP Canada (TSXV:REVO), the current Asset Turnover is 0.08 as of Feb. 2024. 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.

RevoluGROUP Canada Business Description

Address 997 Seymour Street, Suite 230, Vancouver, BC, CAN, V6B 3M1
RevoluGROUP Canada Inc is a multi-vertical Fintech company generating revenue via its RevoluPAY mobile EU PSD2, FINTRAC and USA MSB II licensed banking app and Visa Card. RevoluSEND Remittances & Forex, RevoluEX Crypto Exchange, RevoluCHARGE pay-as-you-go top-up, RevolUTILITY Virtual Store, RevoluREALTY real-estate, REVOLUEGAME gaming, RevoluPOS Global mobile POS, RevoluFIN Loans and Lending, RevoluVIP members only net rate Travel Club to more than 120 countries.