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Viscount Systems (Viscount Systems) Asset Turnover : 0.75 (As of Jun. 2016)


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What is Viscount Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Viscount Systems's Revenue for the three months ended in Jun. 2016 was $0.80 Mil. Viscount Systems's Total Assets for the quarter that ended in Jun. 2016 was $1.07 Mil. Therefore, Viscount Systems's Asset Turnover for the quarter that ended in Jun. 2016 was 0.75.

Asset Turnover is linked to ROE % through Du Pont Formula. Viscount Systems's annualized ROE % for the quarter that ended in Jun. 2016 was 31.99%. It is also linked to ROA % through Du Pont Formula. Viscount Systems's annualized ROA % for the quarter that ended in Jun. 2016 was -206.19%.


Viscount Systems Asset Turnover Historical Data

The historical data trend for Viscount Systems'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.

Viscount Systems Asset Turnover Chart

Viscount Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.78 2.86 3.13 3.45

Viscount Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.04 0.61 0.86 0.66 0.75

Competitive Comparison of Viscount Systems's Asset Turnover

For the Security & Protection Services subindustry, Viscount Systems'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.


Viscount Systems's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Viscount Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Viscount Systems's Asset Turnover falls into.



Viscount Systems Asset Turnover Calculation

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

Viscount Systems's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=4.475/( (1.386+1.211)/ 2 )
=4.475/1.2985
=3.45

Viscount Systems's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=0.797/( (1.041+1.093)/ 2 )
=0.797/1.067
=0.75

* 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.


Viscount Systems  (OTCPK:VSYS) Asset Turnover Explanation

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

Viscount Systems's annulized ROE % for the quarter that ended in Jun. 2016 is

ROE %**(Q: Jun. 2016 )
=Net Income/Total Stockholders Equity
=-2.2/-6.878
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.2 / 3.188)*(3.188 / 1.067)*(1.067/ -6.878)
=Net Margin %*Asset Turnover*Equity Multiplier
=-69.01 %*2.9878*-0.1551
=ROA %*Equity Multiplier
=-206.19 %*-0.1551
=31.99 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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:

Viscount Systems's annulized ROA % for the quarter that ended in Jun. 2016 is

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=-2.2/1.067
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.2 / 3.188)*(3.188 / 1.067)
=Net Margin %*Asset Turnover
=-69.01 %*2.9878
=-206.19 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Viscount Systems Asset Turnover Related Terms

Thank you for viewing the detailed overview of Viscount Systems's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Viscount Systems (Viscount Systems) Business Description

Traded in Other Exchanges
N/A
Address
4585 Tillicum Street, Burnaby, BC, CAN, V5J 5K9
Viscount Systems Inc is engaged in designing, manufacturing, and servicing of physical access control and telephone entry products. Its product includes Enterphone Access Control products, Enterphone iQ, MESH and Freedom Access Control Systems, and Freedom. It operates through two segments; The Manufacturing segment designs produces and sells intercom and door access control systems that utilize telecommunications to control access to buildings and other facilities for security purpose. The Servicing segment provides maintenance to these intercom and door access control systems.
Executives
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Geoffrey W Arens director, 10 percent owner C/O DENDERA CAPITAL FUND LP, NEW YORK NY 10017
Ned L Siegel director, other: Chairman of the Board 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Dennis R Raefield director 4 ORCHARD LN, ALAMO CA 94507

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