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Harold Otabil Research And Development Systems (XGHA:HORDS) Asset Turnover : 0.00 (As of . 20)


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What is Harold Otabil Research And Development 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. Harold Otabil Research And Development Systems's Revenue for the six months ended in . 20 was GHS Mil. Harold Otabil Research And Development Systems's Total Assets for the quarter that ended in . 20 was GHS Mil. Therefore, Harold Otabil Research And Development Systems's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Harold Otabil Research And Development Systems's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Harold Otabil Research And Development Systems's annualized ROA % for the quarter that ended in . 20 was %.


Harold Otabil Research And Development Systems Asset Turnover Historical Data

The historical data trend for Harold Otabil Research And Development 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.

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Harold Otabil Research And Development Systems Asset Turnover Chart

Harold Otabil Research And Development Systems Annual Data
Trend
Asset Turnover

Harold Otabil Research And Development Systems Semi-Annual Data
Asset Turnover

Competitive Comparison of Harold Otabil Research And Development Systems's Asset Turnover

For the Packaged Foods subindustry, Harold Otabil Research And Development 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.


Harold Otabil Research And Development Systems's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Harold Otabil Research And Development Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Harold Otabil Research And Development Systems's Asset Turnover falls into.



Harold Otabil Research And Development Systems Asset Turnover Calculation

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

Harold Otabil Research And Development Systems's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Harold Otabil Research And Development Systems's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Harold Otabil Research And Development Systems  (XGHA:HORDS) Asset Turnover Explanation

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

Harold Otabil Research And Development Systems's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Harold Otabil Research And Development Systems's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Harold Otabil Research And Development Systems Asset Turnover Related Terms

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Harold Otabil Research And Development Systems (XGHA:HORDS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Old GNTC Road Kanda, Behind Presidential Palace, Accra, GHA
Harold Otabil Research And Development Systems Ltd is an agro-processing company that adds value to the various agricultural products such as cocoa, cassava, soya and other non-food products in Ghana. The company manufactures food and beverages, food supplements, detergents & laundry products; agricultural consultants; and import and export of goods. Its products portfolio includes food and beverages, natural supplements, detergents, and laundry products.

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