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NeoMedia Technologies (NeoMedia Technologies) Asset Turnover : 0.63 (As of Sep. 2015)


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What is NeoMedia 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. NeoMedia Technologies's Revenue for the three months ended in Sep. 2015 was $0.74 Mil. NeoMedia Technologies's Total Assets for the quarter that ended in Sep. 2015 was $1.17 Mil. Therefore, NeoMedia Technologies's Asset Turnover for the quarter that ended in Sep. 2015 was 0.63.

Asset Turnover is linked to ROE % through Du Pont Formula. NeoMedia Technologies's annualized ROE % for the quarter that ended in Sep. 2015 was -4.08%. It is also linked to ROA % through Du Pont Formula. NeoMedia Technologies's annualized ROA % for the quarter that ended in Sep. 2015 was 158.90%.


NeoMedia Technologies Asset Turnover Historical Data

The historical data trend for NeoMedia 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.

NeoMedia Technologies Asset Turnover Chart

NeoMedia Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.28 0.34 0.89 1.07

NeoMedia Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.21 0.28 0.38 0.67 0.63

Competitive Comparison of NeoMedia Technologies's Asset Turnover

For the Software - Application subindustry, NeoMedia 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.


NeoMedia Technologies's Asset Turnover Distribution in the Software Industry

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

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



NeoMedia Technologies Asset Turnover Calculation

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

NeoMedia Technologies's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=3.512/( (5.305+1.284)/ 2 )
=3.512/3.2945
=1.07

NeoMedia Technologies's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=0.737/( (1.154+1.177)/ 2 )
=0.737/1.1655
=0.63

* 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.


NeoMedia Technologies  (OTCPK:NEOM) Asset Turnover Explanation

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

NeoMedia Technologies's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=1.852/-45.364
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.852 / 2.948)*(2.948 / 1.1655)*(1.1655/ -45.364)
=Net Margin %*Asset Turnover*Equity Multiplier
=62.82 %*2.5294*-0.0257
=ROA %*Equity Multiplier
=158.90 %*-0.0257
=-4.08 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

NeoMedia Technologies's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=1.852/1.1655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.852 / 2.948)*(2.948 / 1.1655)
=Net Margin %*Asset Turnover
=62.82 %*2.5294
=158.90 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


NeoMedia Technologies Asset Turnover Related Terms

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NeoMedia Technologies (NeoMedia Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1515 Walnut Street, Suite 100, Boulder, CO, USA, 80302
NeoMedia Technologies Inc is a U.S based company engaged in the development of two dimensional (2D) mobile barcode technology and services solutions that enable the mobile barcode ecosystem around the world. With the company's technology, mobile devices with cameras become barcode scanners, enabling a range of practical applications, including mobile marketing and mobile commerce.
Executives
Jeff J Huitt officer: Chief Financial Officer 10651 WEST 34TH PLACE, WHEAT RIDGE CO 80033
Patrick Soon-shiong 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
J Michael Cline 10 percent owner 51 MADISON AVENUE, 31ST FL, NEW YORK NY 10010
Sarah Ann Fay director 5 GORHAN AVENUE, BROOKLINE MA 02445
Cornell Capital Partners Lp 10 percent owner 101 HUDSON STREET, SUITE 3606, JERSEY CITY NJ 07302
Marc Angelo 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302
Yorkville Advisors Llc 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302

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