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Mood Media (LSE:MM.) Asset Turnover : 0.19 (As of Mar. 2017)


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What is Mood Media Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mood Media's Revenue for the three months ended in Mar. 2017 was £89.3 Mil. Mood Media's Total Assets for the quarter that ended in Mar. 2017 was £474.8 Mil. Therefore, Mood Media's Asset Turnover for the quarter that ended in Mar. 2017 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Mood Media's annualized ROE % for the quarter that ended in Mar. 2017 was 21.07%. It is also linked to ROA % through Du Pont Formula. Mood Media's annualized ROA % for the quarter that ended in Mar. 2017 was -6.46%.


Mood Media Asset Turnover Historical Data

The historical data trend for Mood Media'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.

Mood Media Asset Turnover Chart

Mood Media Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.58 0.65 0.70 0.82

Mood Media Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.18 0.19 0.19 0.20 0.19

Competitive Comparison of Mood Media's Asset Turnover

For the Advertising Agencies subindustry, Mood Media'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.


Mood Media's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mood Media's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mood Media's Asset Turnover falls into.



Mood Media Asset Turnover Calculation

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

Mood Media's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=372.684/( (437.217+475.532)/ 2 )
=372.684/456.3745
=0.82

Mood Media's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=89.297/( (475.532+473.998)/ 2 )
=89.297/474.765
=0.19

* 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.


Mood Media  (LSE:MM.) Asset Turnover Explanation

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

Mood Media's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-30.668/-145.557
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-30.668 / 357.188)*(357.188 / 474.765)*(474.765/ -145.557)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.59 %*0.7523*-3.2617
=ROA %*Equity Multiplier
=-6.46 %*-3.2617
=21.07 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

Mood Media's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-30.668/474.765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-30.668 / 357.188)*(357.188 / 474.765)
=Net Margin %*Asset Turnover
=-8.59 %*0.7523
=-6.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


Mood Media Asset Turnover Related Terms

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Mood Media (LSE:MM.) Business Description

Traded in Other Exchanges
N/A
Address
Mood Media Corp was continued under the Canada Business Corporations Act on June 17, 2008 under the name Fluid Music Canada, Inc. On June 28, 2010, the Company changed its name to Mood Media Corporation. The Company provides in-store audio, visual, mobile, social and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels, car dealerships and restaurants. Proprietary technology and software are used to deploy music from a compiled music library to client sites. This library comes from a diverse network of producers including major labels and independent and emerging artists. The Company reports its continuing operations in three reportable segments, In-store media - International, In-store media - North America, and BIS based on the significant business activity of the Company and its subsidiaries.

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