WODI (Water on Demand) Asset Turnover: 0.00 (As of Sep. 2023)

What is Water on Demand Asset Turnover?

Water on Demand WODI Asset Turnover is 0.00 as of Sep. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Water on Demand's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Water on Demand's Total Assets for the quarter that ended in Sep. 2023 was $6.01 Mil. Therefore, Water on Demand's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Water on Demand's annualized ROE % for the quarter that ended in Sep. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Water on Demand's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%.

Water on Demand (NAS:WODI) Asset Turnover Explanation

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

Water on Demand's annulized ROE % for the quarter that ended in Sep. 2023 is

	ROE %^**		(Q: Sep. 2023 )
=	Net Income	/	Total Stockholders Equity
=	0	/	-5.9435
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(0 / 0)	*	(0 / 6.005)	*	(6.005/ -5.9435)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*	0	*	-1.0103
=	ROA %	*	Equity Multiplier
=	0.00 %	*	-1.0103
=	0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Water on Demand's annulized ROA % for the quarter that ended in Sep. 2023 is

	ROA %		(Q: Sep. 2023 )
=	Net Income	/	Total Assets
=	0	/	6.005
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(0 / 0)	*	(0 / 6.005)
=	Net Margin %	*	Asset Turnover
=	%	*	0
=	0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data.

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.

Water on Demand Asset Turnover Related Terms

Water on Demand Asset Turnover Historical Data

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The historical data trend for Water on Demand's Asset Turnover can be seen below:

Water on Demand Asset Turnover Chart

Water on Demand Annual Data

Trend

Dec21

Dec22

Asset Turnover

1.44

2.74

Water on Demand Quarterly Data
	Dec21	Dec22	Sep23
Asset Turnover	0.00	0.69	0.00

WODI vs : Asset Turnover Comparison

For the Waste Management subindustry, Water on Demand'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.

Water on Demand Asset Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Water on Demand's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Water on Demand's Asset Turnover falls into.

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Water on Demand Asset Turnover Calculation

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

Water on Demand's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
=	10.35	/	( (2.861	+	4.685)	/ 2 )
=	10.35	/	3.773
=	2.74

Water on Demand's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (4.685	+	7.325)	/ 2 )
=	0	/	6.005
=	0.00

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 0.00 mean?

Water on Demand (WODI) has a Asset Turnover of 0.00 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Water on Demand and its competitors.

Is Water on Demand's Asset Turnover too high?

Water on Demand's current Asset Turnover is 0.00.

How does Water on Demand's Asset Turnover compare to ?

Water on Demand's Asset Turnover of 0.00 can be compared against companies in the Waste Management 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 Waste Management company?

A good Asset Turnover depends on the Waste Management 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 Water on Demand and its competitors. Water on Demand's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Water on Demand stock overvalued right now?

Water on Demand (WODI) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. 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 Water on Demand (WODI), the current Asset Turnover is 0.00 as of Sep. 2023. 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.

Water on Demand Business Description

Industry Industrials Waste Management

Comparable Companies

Address 13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760

Website https://www.waterondemand.net

Water on Demand Inc is engaged in water treatment as a service that is treating and reusing sewage water.