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Paragon Technologies (Paragon Technologies) Asset Turnover : 0.33 (As of Dec. 2008)


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What is Paragon 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. Paragon Technologies's Revenue for the three months ended in Dec. 2008 was $3.82 Mil. Paragon Technologies's Total Assets for the quarter that ended in Dec. 2008 was $11.73 Mil. Therefore, Paragon Technologies's Asset Turnover for the quarter that ended in Dec. 2008 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Paragon Technologies's annualized ROE % for the quarter that ended in Dec. 2008 was -4.15%. It is also linked to ROA % through Du Pont Formula. Paragon Technologies's annualized ROA % for the quarter that ended in Dec. 2008 was -2.83%.


Paragon Technologies Asset Turnover Historical Data

The historical data trend for Paragon 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.

Paragon Technologies Asset Turnover Chart

Paragon Technologies Annual Data
Trend Feb99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.60 0.90 1.22 1.15

Paragon Technologies Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.25 0.29 0.26 0.26 0.33

Competitive Comparison of Paragon Technologies's Asset Turnover

For the Electronics & Computer Distribution subindustry, Paragon 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.


Paragon Technologies's Asset Turnover Distribution in the Hardware Industry

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

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



Paragon Technologies Asset Turnover Calculation

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

Paragon Technologies's Asset Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2008 )/( (Total Assets (A: Dec. 2007 )+Total Assets (A: Dec. 2008 ))/ count )
=16.7/( (18.316+10.618)/ 2 )
=16.7/14.467
=1.15

Paragon Technologies's Asset Turnover for the quarter that ended in Dec. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=3.817/( (12.837+10.618)/ 2 )
=3.817/11.7275
=0.33

* 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.


Paragon Technologies  (OTCPK:PGNT) Asset Turnover Explanation

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

Paragon Technologies's annulized ROE % for the quarter that ended in Dec. 2008 is

ROE %**(Q: Dec. 2008 )
=Net Income/Total Stockholders Equity
=-0.332/8.0035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.332 / 15.268)*(15.268 / 11.7275)*(11.7275/ 8.0035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.17 %*1.3019*1.4653
=ROA %*Equity Multiplier
=-2.83 %*1.4653
=-4.15 %

Note: The Net Income data used here is four times the quarterly (Dec. 2008) net income data. The Revenue data used here is four times the quarterly (Dec. 2008) 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:

Paragon Technologies's annulized ROA % for the quarter that ended in Dec. 2008 is

ROA %(Q: Dec. 2008 )
=Net Income/Total Assets
=-0.332/11.7275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.332 / 15.268)*(15.268 / 11.7275)
=Net Margin %*Asset Turnover
=-2.17 %*1.3019
=-2.83 %

Note: The Net Income data used here is four times the quarterly (Dec. 2008) net income data. The Revenue data used here is four times the quarterly (Dec. 2008) 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.


Paragon Technologies Asset Turnover Related Terms

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Paragon Technologies (Paragon Technologies) Business Description

Traded in Other Exchanges
N/A
Address
101 Larry Holmes Drive, Suite 500, Easton, PA, USA, 18042
Paragon Technologies Inc through its subsidiary provides a variety of material handling solutions including systems, technologies, products and services for material flow applications as well as information technology hardware product distribution. The company's segment includes automation, distribution, and real estate investments. It generates maximum revenue from the distribution segment. Geographical Markets include North America, Latin America, Europe and Asia, out of which the majority is from Latin America. The distribution segment distributes IT equipment, consumer electronics, and appliances to businesses, retailers and e-tailers. Additionally, it also provides business services such as printing, electronic document management, electronic invoicing and storage solutions.
Executives
Anthony W Schweiger director 240 TRIANON LANE, VILLANOVA PA 19085

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