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WaterPure International (WaterPure International) Asset Turnover : 0.03 (As of Mar. 2011)


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What is WaterPure 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. WaterPure International's Revenue for the three months ended in Mar. 2011 was $0.03 Mil. WaterPure International's Total Assets for the quarter that ended in Mar. 2011 was $1.00 Mil. Therefore, WaterPure International's Asset Turnover for the quarter that ended in Mar. 2011 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. WaterPure International's annualized ROE % for the quarter that ended in Mar. 2011 was 92.21%. It is also linked to ROA % through Du Pont Formula. WaterPure International's annualized ROA % for the quarter that ended in Mar. 2011 was -135.26%.


WaterPure International Asset Turnover Historical Data

The historical data trend for WaterPure 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.

WaterPure International Asset Turnover Chart

WaterPure International Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Asset Turnover
- 0.06 0.11 0.11 0.05

WaterPure International Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 0.02 - 0.06 0.05 0.03

Competitive Comparison of WaterPure International's Asset Turnover

For the Specialty Industrial Machinery subindustry, WaterPure 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.


WaterPure International's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WaterPure International's Asset Turnover distribution charts can be found below:

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



WaterPure International Asset Turnover Calculation

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

WaterPure International's Asset Turnover for the fiscal year that ended in Jun. 2010 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2010 )/( (Total Assets (A: Jun. 2009 )+Total Assets (A: Jun. 2010 ))/ count )
=0.046/( (1.009+1.058)/ 2 )
=0.046/1.0335
=0.04

WaterPure International's Asset Turnover for the quarter that ended in Mar. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2011 )/( (Total Assets (Q: Dec. 2010 )+Total Assets (Q: Mar. 2011 ))/ count )
=0.03/( (1.026+0.979)/ 2 )
=0.03/1.0025
=0.03

* 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.


WaterPure International  (OTCPK:WPUR) Asset Turnover Explanation

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

WaterPure International's annulized ROE % for the quarter that ended in Mar. 2011 is

ROE %**(Q: Mar. 2011 )
=Net Income/Total Stockholders Equity
=-1.356/-1.4705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.356 / 0.12)*(0.12 / 1.0025)*(1.0025/ -1.4705)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1130 %*0.1197*-0.6817
=ROA %*Equity Multiplier
=-135.26 %*-0.6817
=92.21 %

Note: The Net Income data used here is four times the quarterly (Mar. 2011) net income data. The Revenue data used here is four times the quarterly (Mar. 2011) 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:

WaterPure International's annulized ROA % for the quarter that ended in Mar. 2011 is

ROA %(Q: Mar. 2011 )
=Net Income/Total Assets
=-1.356/1.0025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.356 / 0.12)*(0.12 / 1.0025)
=Net Margin %*Asset Turnover
=-1130 %*0.1197
=-135.26 %

Note: The Net Income data used here is four times the quarterly (Mar. 2011) net income data. The Revenue data used here is four times the quarterly (Mar. 2011) 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.


WaterPure International Asset Turnover Related Terms

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WaterPure International (WaterPure International) Business Description

Traded in Other Exchanges
N/A
Address
13155 Noel Road, Suite 900, Dallas, TX, USA, 75240
WaterPure International Inc is a development stage company engaged in manufacturing and marketing atmospheric water generators to the small office, home office, and consumer markets in the United States and internationally. Its products include a POE system, Controller, Piping system among others.