GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marketing Worldwide Corp (OTCPK:MWWC) » Definitions » Asset Turnover

Marketing Worldwide (Marketing Worldwide) Asset Turnover : 0.21 (As of Mar. 2013)


View and export this data going back to 2006. Start your Free Trial

What is Marketing Worldwide Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Marketing Worldwide's Revenue for the three months ended in Mar. 2013 was $0.24 Mil. Marketing Worldwide's Total Assets for the quarter that ended in Mar. 2013 was $1.16 Mil. Therefore, Marketing Worldwide's Asset Turnover for the quarter that ended in Mar. 2013 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Marketing Worldwide's annualized ROE % for the quarter that ended in Mar. 2013 was -63.68%. It is also linked to ROA % through Du Pont Formula. Marketing Worldwide's annualized ROA % for the quarter that ended in Mar. 2013 was 508.90%.


Marketing Worldwide Asset Turnover Historical Data

The historical data trend for Marketing Worldwide'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.

Marketing Worldwide Asset Turnover Chart

Marketing Worldwide Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Asset Turnover
Get a 7-Day Free Trial 1.02 1.03 0.58 1.01 0.88

Marketing Worldwide Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 0.12 0.14 0.19 0.17 0.21

Competitive Comparison of Marketing Worldwide's Asset Turnover

For the Entertainment subindustry, Marketing Worldwide'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.


Marketing Worldwide's Asset Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Marketing Worldwide's Asset Turnover falls into.



Marketing Worldwide Asset Turnover Calculation

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

Marketing Worldwide's Asset Turnover for the fiscal year that ended in Sep. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2011 )/( (Total Assets (A: Sep. 2010 )+Total Assets (A: Sep. 2011 ))/ count )
=1.908/( (2.811+1.504)/ 2 )
=1.908/2.1575
=0.88

Marketing Worldwide's Asset Turnover for the quarter that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=0.24/( (1.16+1.154)/ 2 )
=0.24/1.157
=0.21

* 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.


Marketing Worldwide  (OTCPK:MWWC) Asset Turnover Explanation

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

Marketing Worldwide's annulized ROE % for the quarter that ended in Mar. 2013 is

ROE %**(Q: Mar. 2013 )
=Net Income/Total Stockholders Equity
=5.888/-9.2465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.888 / 0.96)*(0.96 / 1.157)*(1.157/ -9.2465)
=Net Margin %*Asset Turnover*Equity Multiplier
=613.33 %*0.8297*-0.1251
=ROA %*Equity Multiplier
=508.90 %*-0.1251
=-63.68 %

Note: The Net Income data used here is four times the quarterly (Mar. 2013) net income data. The Revenue data used here is four times the quarterly (Mar. 2013) 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:

Marketing Worldwide's annulized ROA % for the quarter that ended in Mar. 2013 is

ROA %(Q: Mar. 2013 )
=Net Income/Total Assets
=5.888/1.157
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.888 / 0.96)*(0.96 / 1.157)
=Net Margin %*Asset Turnover
=613.33 %*0.8297
=508.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2013) net income data. The Revenue data used here is four times the quarterly (Mar. 2013) 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.


Marketing Worldwide Asset Turnover Related Terms

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


Marketing Worldwide (Marketing Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
16730 Creek Bend Drive, Sugar Land, TX, USA, 77478
Marketing Worldwide Corp through its wholly-owned subsidiary, Marketing Worldwide LLC, is engaged in the design, import and distribution of automotive accessories for motor vehicles in the automotive aftermarket industry. The Company intends to expand as an acquisition incubator, purchasing companies and patents built by passionate visionaries.

Marketing Worldwide (Marketing Worldwide) Headlines

From GuruFocus

Marketing Worldwide Corporation Provides Corporate Update

By ACCESSWIRE ACCESSWIRE 07-07-2021

Marketing Worldwide Corporation Provides Shareholder Update

By ACCESSWIRE ACCESSWIRE 10-05-2021

Marketing Worldwide Corporation Deploys $MNS Token on Testnet

By ACCESSWIRE ACCESSWIRE 02-14-2022