GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Komo Plant Based Foods Inc (XCNQ:YUM.X) » Definitions » Asset Turnover

Komo Plant Based Foods (XCNQ:YUM.X) Asset Turnover : 0.00 (As of Apr. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Komo Plant Based Foods Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Komo Plant Based Foods's Revenue for the three months ended in Apr. 2024 was C$0.00 Mil. Komo Plant Based Foods's Total Assets for the quarter that ended in Apr. 2024 was C$0.01 Mil. Therefore, Komo Plant Based Foods's Asset Turnover for the quarter that ended in Apr. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Komo Plant Based Foods's annualized ROE % for the quarter that ended in Apr. 2024 was 4.86%. It is also linked to ROA % through Du Pont Formula. Komo Plant Based Foods's annualized ROA % for the quarter that ended in Apr. 2024 was -2,030.77%.


Komo Plant Based Foods Asset Turnover Historical Data

The historical data trend for Komo Plant Based Foods'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.

Komo Plant Based Foods Asset Turnover Chart

Komo Plant Based Foods Annual Data
Trend Dec18 Dec19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
Get a 7-Day Free Trial - - 0.13 - -

Komo Plant Based Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - -

Competitive Comparison of Komo Plant Based Foods's Asset Turnover

For the Packaged Foods subindustry, Komo Plant Based Foods'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.


Komo Plant Based Foods's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Komo Plant Based Foods's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Komo Plant Based Foods's Asset Turnover falls into.


;
;

Komo Plant Based Foods Asset Turnover Calculation

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

Komo Plant Based Foods's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=0/( (0.761+0.05)/ 2 )
=0/0.4055
=0.00

Komo Plant Based Foods's Asset Turnover for the quarter that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=0/( (0.007+0.006)/ 2 )
=0/0.0065
=0.00

* 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.


Komo Plant Based Foods  (XCNQ:YUM.X) Asset Turnover Explanation

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

Komo Plant Based Foods's annulized ROE % for the quarter that ended in Apr. 2024 is

ROE %**(Q: Apr. 2024 )
=Net Income/Total Stockholders Equity
=-0.132/-2.7145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.132 / 0)*(0 / 0.0065)*(0.0065/ -2.7145)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0024
=ROA %*Equity Multiplier
=-2,030.77 %*-0.0024
=4.86 %

Note: The Net Income data used here is four times the quarterly (Apr. 2024) net income data. The Revenue data used here is four times the quarterly (Apr. 2024) 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:

Komo Plant Based Foods's annulized ROA % for the quarter that ended in Apr. 2024 is

ROA %(Q: Apr. 2024 )
=Net Income/Total Assets
=-0.132/0.0065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.132 / 0)*(0 / 0.0065)
=Net Margin %*Asset Turnover
= %*0
=-2,030.77 %

Note: The Net Income data used here is four times the quarterly (Apr. 2024) net income data. The Revenue data used here is four times the quarterly (Apr. 2024) 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.


Komo Plant Based Foods Asset Turnover Related Terms

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


Komo Plant Based Foods Business Description

Traded in Other Exchanges
Address
1489 Marine Drive, Suite 127, Vancouver, BC, CAN, V7T 1B8
Komo Plant Based Foods Inc is a plant-based food company that develops, manufactures, markets and sells a variety of plant-based frozen meals. Its plant-based innovation, development team recreate vegan versions of traditionally cheesy, meaty classics. Komo's products are sold direct-to-consumer through its eCommerce site and distribution network of online and brick and mortar grocery, convenience and natural retailer channels. The Company's geographical revenue is generated in the western provinces of Canada.
Executives
William Charles White Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Angelo Roshanthan Rajasooriar Director
Penny Olga White 10% Security Holder

Komo Plant Based Foods Headlines

No Headlines