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UAHC (United American Healthcare) Asset Turnover : 0.14 (As of Sep. 2014)


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What is United American Healthcare Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. United American Healthcare's Revenue for the three months ended in Sep. 2014 was $2.09 Mil. United American Healthcare's Total Assets for the quarter that ended in Sep. 2014 was $14.97 Mil. Therefore, United American Healthcare's Asset Turnover for the quarter that ended in Sep. 2014 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. United American Healthcare's annualized ROE % for the quarter that ended in Sep. 2014 was -51.75%. It is also linked to ROA % through Du Pont Formula. United American Healthcare's annualized ROA % for the quarter that ended in Sep. 2014 was -6.57%.


United American Healthcare Asset Turnover Historical Data

The historical data trend for United American Healthcare'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.

United American Healthcare Asset Turnover Chart

United American Healthcare Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.63 0.02 0.45 0.42

United American Healthcare Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.12 0.09 0.11 0.14 0.14

Competitive Comparison of United American Healthcare's Asset Turnover

For the Real Estate Services subindustry, United American Healthcare'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.


United American Healthcare's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, United American Healthcare's Asset Turnover distribution charts can be found below:

* The bar in red indicates where United American Healthcare's Asset Turnover falls into.



United American Healthcare Asset Turnover Calculation

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

United American Healthcare's Asset Turnover for the fiscal year that ended in Jun. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2012 )/( (Total Assets (A: Jun. 2011 )+Total Assets (A: Jun. 2012 ))/ count )
=6.831/( (16.916+15.566)/ 2 )
=6.831/16.241
=0.42

United American Healthcare's Asset Turnover for the quarter that ended in Sep. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ count )
=2.091/( (15.129+14.812)/ 2 )
=2.091/14.9705
=0.14

* 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.


United American Healthcare  (OTCPK:UAHC) Asset Turnover Explanation

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

United American Healthcare's annulized ROE % for the quarter that ended in Sep. 2014 is

ROE %**(Q: Sep. 2014 )
=Net Income/Total Stockholders Equity
=-0.984/1.9015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.984 / 8.364)*(8.364 / 14.9705)*(14.9705/ 1.9015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.76 %*0.5587*7.873
=ROA %*Equity Multiplier
=-6.57 %*7.873
=-51.75 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) net income data. The Revenue data used here is four times the quarterly (Sep. 2014) 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:

United American Healthcare's annulized ROA % for the quarter that ended in Sep. 2014 is

ROA %(Q: Sep. 2014 )
=Net Income/Total Assets
=-0.984/14.9705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.984 / 8.364)*(8.364 / 14.9705)
=Net Margin %*Asset Turnover
=-11.76 %*0.5587
=-6.57 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) net income data. The Revenue data used here is four times the quarterly (Sep. 2014) 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.


United American Healthcare Asset Turnover Related Terms

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United American Healthcare Business Description

Traded in Other Exchanges
N/A
Address
303 East Wacker Drive, Suite 1040, Chicago, IL, USA, 60601
United American Healthcare Corporation provides contract manufacturing services to the medical device industry, through its subsidiary, in the United States. The firm derives maximum revenue from the Contract manufacturing services segment which involves the provision of Pulse Systems to the medical device industry.
Executives
Herbert J Bellucci director, officer: President&CEO of Pulse Systems 13950 STOWE DRIVE, POWAY CA 92064
Bruce Galloway director C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Miller Lloyd I Iii other: Former 10% owner
Eddie R Munson director 5879 MURFIELD DRIVE, ROCHESTER HILLS MI 48306