GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WeedHire International Inc (OTCPK:WDHR) » Definitions » Asset Turnover

WeedHire International (WeedHire International) Asset Turnover : 1.38 (As of Mar. 2015)


View and export this data going back to 2011. Start your Free Trial

What is WeedHire International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. WeedHire International's Revenue for the three months ended in Mar. 2015 was $1.06 Mil. WeedHire International's Total Assets for the quarter that ended in Mar. 2015 was $0.77 Mil. Therefore, WeedHire International's Asset Turnover for the quarter that ended in Mar. 2015 was 1.38.

Asset Turnover is linked to ROE % through Du Pont Formula. WeedHire International's annualized ROE % for the quarter that ended in Mar. 2015 was 141.23%. It is also linked to ROA % through Du Pont Formula. WeedHire International's annualized ROA % for the quarter that ended in Mar. 2015 was -239.06%.


WeedHire International Asset Turnover Historical Data

The historical data trend for WeedHire International'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.

WeedHire International Asset Turnover Chart

WeedHire International Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Asset Turnover
1.94 3.03 2.72 3.89

WeedHire International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 1.13 1.26 1.44 1.46 1.38

Competitive Comparison of WeedHire International's Asset Turnover

For the Staffing & Employment Services subindustry, WeedHire International'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.


WeedHire International's Asset Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where WeedHire International's Asset Turnover falls into.



WeedHire International Asset Turnover Calculation

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

WeedHire International's Asset Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2014 )/( (Total Assets (A: Jun. 2013 )+Total Assets (A: Jun. 2014 ))/ count )
=3.9/( (1.358+0.645)/ 2 )
=3.9/1.0015
=3.89

WeedHire International's Asset Turnover for the quarter that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=1.061/( (0.813+0.723)/ 2 )
=1.061/0.768
=1.38

* 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.


WeedHire International  (OTCPK:WDHR) Asset Turnover Explanation

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

WeedHire International's annulized ROE % for the quarter that ended in Mar. 2015 is

ROE %**(Q: Mar. 2015 )
=Net Income/Total Stockholders Equity
=-1.836/-1.3
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.836 / 4.244)*(4.244 / 0.768)*(0.768/ -1.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=-43.26 %*5.526*-0.5908
=ROA %*Equity Multiplier
=-239.06 %*-0.5908
=141.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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:

WeedHire International's annulized ROA % for the quarter that ended in Mar. 2015 is

ROA %(Q: Mar. 2015 )
=Net Income/Total Assets
=-1.836/0.768
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.836 / 4.244)*(4.244 / 0.768)
=Net Margin %*Asset Turnover
=-43.26 %*5.526
=-239.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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.


WeedHire International Asset Turnover Related Terms

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


WeedHire International (WeedHire International) Business Description

Traded in Other Exchanges
N/A
Address
17-09 Zinc Place, Unit 1, Fair Lawn, NJ, USA, 07410
WeedHire International Inc provides green technology solutions to the information technology industry. It manages the equipment needs of government and commercial clients by buying, reselling or recycling in an environmentally and regulatory compliant manner, computers and other technology hardware. The company works with partners in all markets, including technology original equipment manufacturers, government, healthcare, education and commercial with environmentally friendly information technology asset recovery solutions. Geographically activities are performed through the United States.
Executives
Gail L. Babitt director, officer: Chief Financial Officer 1360 DUNCAN LOOP N, APT. 104, DUNEDIN FL 34698

WeedHire International (WeedHire International) Headlines

No Headlines