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Gatekeeper Systems (Gatekeeper Systems) Asset Turnover : 0.44 (As of Feb. 2024)


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What is Gatekeeper 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. Gatekeeper Systems's Revenue for the three months ended in Feb. 2024 was $7.30 Mil. Gatekeeper Systems's Total Assets for the quarter that ended in Feb. 2024 was $16.58 Mil. Therefore, Gatekeeper Systems's Asset Turnover for the quarter that ended in Feb. 2024 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Gatekeeper Systems's annualized ROE % for the quarter that ended in Feb. 2024 was 32.46%. It is also linked to ROA % through Du Pont Formula. Gatekeeper Systems's annualized ROA % for the quarter that ended in Feb. 2024 was 27.12%.


Gatekeeper Systems Asset Turnover Historical Data

The historical data trend for Gatekeeper 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.

* Premium members only.

Gatekeeper Systems Asset Turnover Chart

Gatekeeper Systems Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.64 1.18 1.06 1.28

Gatekeeper Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.56 0.32 0.38 0.47 0.44

Competitive Comparison of Gatekeeper Systems's Asset Turnover

For the Security & Protection Services subindustry, Gatekeeper 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.


Gatekeeper Systems's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gatekeeper Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gatekeeper Systems's Asset Turnover falls into.



Gatekeeper Systems Asset Turnover Calculation

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

Gatekeeper Systems's Asset Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=20.663/( (17.818+14.55)/ 2 )
=20.663/16.184
=1.28

Gatekeeper Systems's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=7.303/( (16.133+17.027)/ 2 )
=7.303/16.58
=0.44

* 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.


Gatekeeper Systems  (OTCPK:GKPRF) Asset Turnover Explanation

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

Gatekeeper Systems's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=4.496/13.8495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.496 / 29.212)*(29.212 / 16.58)*(16.58/ 13.8495)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.39 %*1.7619*1.1972
=ROA %*Equity Multiplier
=27.12 %*1.1972
=32.46 %

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

Gatekeeper Systems's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=4.496/16.58
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.496 / 29.212)*(29.212 / 16.58)
=Net Margin %*Asset Turnover
=15.39 %*1.7619
=27.12 %

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


Gatekeeper Systems Asset Turnover Related Terms

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Gatekeeper Systems (Gatekeeper Systems) Business Description

Traded in Other Exchanges
Address
31127 Wheel Avenue, Suite 301, Abbotsford, BC, CAN, V2T 6H1
Gatekeeper Systems Inc is a provider of intelligent video solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The company uses AI(Artificial intelligence), video analytics, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems for Smart City initiatives. Some of its product categories include interior cameras, exterior cameras, dashboard cameras among others. Geographically, the company generates revenue from United States which is the key revenue generating market, and Canada.

Gatekeeper Systems (Gatekeeper Systems) Headlines