GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TerraVia Holdings Inc (OTCPK:TVIAQ) » Definitions » Asset Turnover

TerraVia Holdings (TerraVia Holdings) Asset Turnover : 0.04 (As of Mar. 2017)


View and export this data going back to 2011. Start your Free Trial

What is TerraVia Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TerraVia Holdings's Revenue for the three months ended in Mar. 2017 was $4.52 Mil. TerraVia Holdings's Total Assets for the quarter that ended in Mar. 2017 was $127.05 Mil. Therefore, TerraVia Holdings's Asset Turnover for the quarter that ended in Mar. 2017 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. TerraVia Holdings's annualized ROE % for the quarter that ended in Mar. 2017 was 113.32%. It is also linked to ROA % through Du Pont Formula. TerraVia Holdings's annualized ROA % for the quarter that ended in Mar. 2017 was -71.11%.


TerraVia Holdings Asset Turnover Historical Data

The historical data trend for TerraVia Holdings'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.

TerraVia Holdings Asset Turnover Chart

TerraVia Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial 0.18 0.17 0.13 0.09 0.12

TerraVia Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.03 0.06 0.03 0.03 0.04

Competitive Comparison of TerraVia Holdings's Asset Turnover

For the Specialty Chemicals subindustry, TerraVia Holdings'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.


TerraVia Holdings's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TerraVia Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TerraVia Holdings's Asset Turnover falls into.



TerraVia Holdings Asset Turnover Calculation

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

TerraVia Holdings's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=18.482/( (181.972+135.709)/ 2 )
=18.482/158.8405
=0.12

TerraVia Holdings's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=4.519/( (135.709+118.383)/ 2 )
=4.519/127.046
=0.04

* 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.


TerraVia Holdings  (OTCPK:TVIAQ) Asset Turnover Explanation

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

TerraVia Holdings's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=-90.348/-79.726
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-90.348 / 18.076)*(18.076 / 127.046)*(127.046/ -79.726)
=Net Margin %*Asset Turnover*Equity Multiplier
=-499.82 %*0.1423*-1.5935
=ROA %*Equity Multiplier
=-71.11 %*-1.5935
=113.32 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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:

TerraVia Holdings's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=-90.348/127.046
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-90.348 / 18.076)*(18.076 / 127.046)
=Net Margin %*Asset Turnover
=-499.82 %*0.1423
=-71.11 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


TerraVia Holdings Asset Turnover Related Terms

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


TerraVia Holdings (TerraVia Holdings) Business Description

Traded in Other Exchanges
N/A
Address
TerraVia Holdings Inc along with its subsidiaries, is engaged in providing renewable oils and other bioproducts. It commercializes its products into target markets such as chemicals and fuels, nutrition, and skin and personal care.
Executives
James Craigie director 500 CHARLES EWING BLVD, EWING NJ 08628
Irene Chang Britt director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Gary M Pfeiffer director 1007 MARKET ST, WILMINGTON DE 19898
Ian T Clark director SOLAZYME, INC., 225 GATEWAY BLVD., SOUTH SAN FRANCISCO CA 94080
Paul T Quinlan officer: General Counsel C/O CYMABAY THERAPEUTICS, INC., 7575 GATEWAY BLVD., SUITE 110, NEWARK CA 94560
Ann Mather director
David Clayton Cole director, officer: President PO BOX 187, KAHULUI HI 96733

TerraVia Holdings (TerraVia Holdings) Headlines

No Headlines