GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motos America Inc (OTCPK:MTAM) » Definitions » Asset Turnover

Motos America (Motos America) Asset Turnover : 1.28 (As of Jul. 2022)


View and export this data going back to 2008. Start your Free Trial

What is Motos America Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Motos America's Revenue for the three months ended in Jul. 2022 was $13.26 Mil. Motos America's Total Assets for the quarter that ended in Jul. 2022 was $10.38 Mil. Therefore, Motos America's Asset Turnover for the quarter that ended in Jul. 2022 was 1.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Motos America's annualized ROE % for the quarter that ended in Jul. 2022 was -293.68%. It is also linked to ROA % through Du Pont Formula. Motos America's annualized ROA % for the quarter that ended in Jul. 2022 was -54.87%.


Motos America Asset Turnover Historical Data

The historical data trend for Motos America'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.

Motos America Asset Turnover Chart

Motos America Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.21 0.83 - 4.22

Motos America Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 - - - 1.03 1.28

Competitive Comparison of Motos America's Asset Turnover

For the Auto & Truck Dealerships subindustry, Motos America'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.


Motos America's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motos America's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Motos America's Asset Turnover falls into.



Motos America Asset Turnover Calculation

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

Motos America's Asset Turnover for the fiscal year that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2022 )/( (Total Assets (A: Jul. 2021 )+Total Assets (A: Jul. 2022 ))/ count )
=20.178/( (0.001+9.563)/ 2 )
=20.178/4.782
=4.22

Motos America's Asset Turnover for the quarter that ended in Jul. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2022 )/( (Total Assets (Q: Apr. 2022 )+Total Assets (Q: Jul. 2022 ))/ count )
=13.257/( (11.197+9.563)/ 2 )
=13.257/10.38
=1.28

* 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.


Motos America  (OTCPK:MTAM) Asset Turnover Explanation

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

Motos America's annulized ROE % for the quarter that ended in Jul. 2022 is

ROE %**(Q: Jul. 2022 )
=Net Income/Total Stockholders Equity
=-5.696/1.9395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.696 / 53.028)*(53.028 / 10.38)*(10.38/ 1.9395)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.74 %*5.1087*5.3519
=ROA %*Equity Multiplier
=-54.87 %*5.3519
=-293.68 %

Note: The Net Income data used here is four times the quarterly (Jul. 2022) net income data. The Revenue data used here is four times the quarterly (Jul. 2022) 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:

Motos America's annulized ROA % for the quarter that ended in Jul. 2022 is

ROA %(Q: Jul. 2022 )
=Net Income/Total Assets
=-5.696/10.38
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.696 / 53.028)*(53.028 / 10.38)
=Net Margin %*Asset Turnover
=-10.74 %*5.1087
=-54.87 %

Note: The Net Income data used here is four times the quarterly (Jul. 2022) net income data. The Revenue data used here is four times the quarterly (Jul. 2022) 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.


Motos America Asset Turnover Related Terms

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


Motos America (Motos America) Business Description

Traded in Other Exchanges
N/A
Address
510 South 200 West, Suite 110, Salt Lake City, UT, USA, 84101
Motos America Inc purchases and operates Powersports dealerships, with an emphasis on European luxury motorcycle brands, including BMW Motorcycles, Triumph Motorcycles, and Ducati Motorcycles.
Executives
Mun Wai Wong director NO. 20 JALAN SS 15/5G, SUBANG JAYA, SELANGOR N8 47500
Chow Wing Loke officer: Chief Financial Officer NO. 6, JALAN KENANGA SD9/5J, BANDAR SRI DAMANSARA, KUALA LUMPUR N8 52200
Chee Keun Chim director 22A-3 JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Pui Hold Ho director 22A-3, JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Kwueh Lin Wong director, 10 percent owner, officer: CFO and Secretary 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Shiong Han Wee director, 10 percent owner, officer: CEO and President 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Alexander Langer director 1405 MAHON AVENUE, NORTH VANCOUVER A1 V7M 2S3
William Lorne Mccullagh director 4514 - 248 STREET, #2, ALDERGROVE A1 V4W 1B6
Kerry J. Mccullagh director, 10 percent owner, officer: President, CEO & CFO SUITE 206 - 475 HOWE STREET, VANCOUVER A1 V6C 2B3

Motos America (Motos America) Headlines