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Xplore Technologies (Xplore Technologies) Asset Turnover : 0.31 (As of Mar. 2018)


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What is Xplore Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Xplore Technologies's Revenue for the three months ended in Mar. 2018 was $20.25 Mil. Xplore Technologies's Total Assets for the quarter that ended in Mar. 2018 was $66.01 Mil. Therefore, Xplore Technologies's Asset Turnover for the quarter that ended in Mar. 2018 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Xplore Technologies's annualized ROE % for the quarter that ended in Mar. 2018 was -8.38%. It is also linked to ROA % through Du Pont Formula. Xplore Technologies's annualized ROA % for the quarter that ended in Mar. 2018 was -3.87%.


Xplore Technologies Asset Turnover Historical Data

The historical data trend for Xplore Technologies'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.

Xplore Technologies Asset Turnover Chart

Xplore Technologies Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.54 2.27 1.58 1.59

Xplore Technologies Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.34 0.41 0.40 0.37 0.31

Competitive Comparison of Xplore Technologies's Asset Turnover

For the Computer Hardware subindustry, Xplore Technologies'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.


Xplore Technologies's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xplore Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Xplore Technologies's Asset Turnover falls into.



Xplore Technologies Asset Turnover Calculation

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

Xplore Technologies's Asset Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2018 )/( (Total Assets (A: Mar. 2017 )+Total Assets (A: Mar. 2018 ))/ count )
=86.852/( (45.685+63.578)/ 2 )
=86.852/54.6315
=1.59

Xplore Technologies's Asset Turnover for the quarter that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=20.253/( (68.445+63.578)/ 2 )
=20.253/66.0115
=0.31

* 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.


Xplore Technologies  (NAS:XPLR) Asset Turnover Explanation

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

Xplore Technologies's annulized ROE % for the quarter that ended in Mar. 2018 is

ROE %**(Q: Mar. 2018 )
=Net Income/Total Stockholders Equity
=-2.552/30.465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.552 / 81.012)*(81.012 / 66.0115)*(66.0115/ 30.465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.15 %*1.2272*2.1668
=ROA %*Equity Multiplier
=-3.87 %*2.1668
=-8.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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:

Xplore Technologies's annulized ROA % for the quarter that ended in Mar. 2018 is

ROA %(Q: Mar. 2018 )
=Net Income/Total Assets
=-2.552/66.0115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.552 / 81.012)*(81.012 / 66.0115)
=Net Margin %*Asset Turnover
=-3.15 %*1.2272
=-3.87 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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.


Xplore Technologies Asset Turnover Related Terms

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


Xplore Technologies (Xplore Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Xplore Technologies Corp is engaged in the development, integration, and marketing of rugged mobile personal computer systems, or PCs. Company's rugged tablet PCs are designed to withstand hazardous conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks. The intrinsically safe, ruggedized and reliable nature of its products facilitates the extension of traditional computing systems to a broader range of field personnel, including energy pipeline inspectors, public safety responders, warehouse workers and pharmaceutical scientists. The group's direct customers primarily consist of distribution companies, such as computer companies, specialized system integrators, software vendors, distributors and value-added resellers.
Executives
Patrick Mcclain officer: Chief Financial Officer C/O FALCONSTOR SOFTWARE, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Timothy R Dehne officer: Chief Operating Officer C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Philip S Sassower other: Former Director & COB 135 EAST 57TH ST, 12TH FL, NEW YORK NY 10022
Andrea Goren director 110 EAST 59TH STREET, SUITE 1901, NEW YORK NY 10022
Pickens Thomas Boone Iii director 12130 HIGHWAY 3, BLDG. 1, WEBSTER TX 77598
Thomas Wiley Wilkinson officer: President and CEO 3 COLERIDGE LANE, AUSTIN TX 78746
John Graff officer: Vice President -Marketing C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Phoenix Venture Fund Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Phoenix Enterprises Family Fund, Llc other: See Footnote 2 110 EAST 59TH STREET, NEW YORK NY 10022
Sg Phoenix Llc other: Related Party 110 EAST 59TH STREET, SUITE 1901, NEW YORK NY 10022
Andax Llc director, 10 percent owner 131 RIVERSIDE DRIVE, #10C, NEW YORK NY 10024
Francis J Elenio director C/O GOAMERICA INC, 433 HACKENSACK AVE, HACKENSACK NJ 07601

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