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AAPKI Ventures (AAPKI Ventures) Asset Turnover : 0.00 (As of Dec. 2023)


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What is AAPKI Ventures Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AAPKI Ventures's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. AAPKI Ventures's Total Assets for the quarter that ended in Dec. 2023 was $0.09 Mil. Therefore, AAPKI Ventures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. AAPKI Ventures's annualized ROE % for the quarter that ended in Dec. 2023 was 3,733.33%. It is also linked to ROA % through Du Pont Formula. AAPKI Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was -239.57%.


AAPKI Ventures Asset Turnover Historical Data

The historical data trend for AAPKI Ventures'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.

AAPKI Ventures Asset Turnover Chart

AAPKI Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
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AAPKI Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of AAPKI Ventures's Asset Turnover

For the Other Industrial Metals & Mining subindustry, AAPKI Ventures'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.


AAPKI Ventures's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AAPKI Ventures's Asset Turnover distribution charts can be found below:

* The bar in red indicates where AAPKI Ventures's Asset Turnover falls into.



AAPKI Ventures Asset Turnover Calculation

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

AAPKI Ventures's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=0/( (0.009+0.134)/ 2 )
=0/0.0715
=0.00

AAPKI Ventures's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.134+0.053)/ 2 )
=0/0.0935
=0.00

* 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.


AAPKI Ventures  (OTCPK:PUSOF) Asset Turnover Explanation

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

AAPKI Ventures's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.224/-0.006
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.224 / 0)*(0 / 0.0935)*(0.0935/ -0.006)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-15.5833
=ROA %*Equity Multiplier
=-239.57 %*-15.5833
=3,733.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

AAPKI Ventures's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.224/0.0935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.224 / 0)*(0 / 0.0935)
=Net Margin %*Asset Turnover
= %*0
=-239.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


AAPKI Ventures Asset Turnover Related Terms

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AAPKI Ventures (AAPKI Ventures) Business Description

Traded in Other Exchanges
Address
9648-128th Street, Suite 210, Surrey, BC, CAN, V3T 2X9
AAPKI Ventures Inc, formerly Pushfor Tech Inc is engaged in investing in both public and private companies in technology, opportunistic natural resources and others. The business operates through the Software Development division which provides a patented content-sharing platform that allows clients to communicate and share information securely.