GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » Asset Turnover

Urban Barns Foods (Urban Barns Foods) Asset Turnover : 0.12 (As of Jan. 2016)


View and export this data going back to 2008. Start your Free Trial

What is Urban Barns Foods Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Urban Barns Foods's Revenue for the three months ended in Jan. 2016 was $0.07 Mil. Urban Barns Foods's Total Assets for the quarter that ended in Jan. 2016 was $0.59 Mil. Therefore, Urban Barns Foods's Asset Turnover for the quarter that ended in Jan. 2016 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Urban Barns Foods's annualized ROE % for the quarter that ended in Jan. 2016 was -361.81%. It is also linked to ROA % through Du Pont Formula. Urban Barns Foods's annualized ROA % for the quarter that ended in Jan. 2016 was 680.61%.


Urban Barns Foods Asset Turnover Historical Data

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods Asset Turnover Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Asset Turnover
Get a 7-Day Free Trial - - 0.02 - 0.14

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.02 0.05 0.06 0.12

Competitive Comparison of Urban Barns Foods's Asset Turnover

For the Farm Products subindustry, Urban Barns Foods'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.


Urban Barns Foods's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Urban Barns Foods's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Urban Barns Foods's Asset Turnover falls into.



Urban Barns Foods Asset Turnover Calculation

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

Urban Barns Foods's Asset Turnover for the fiscal year that ended in Jul. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2015 )/( (Total Assets (A: Jul. 2014 )+Total Assets (A: Jul. 2015 ))/ count )
=0.101/( (0.83+0.651)/ 2 )
=0.101/0.7405
=0.14

Urban Barns Foods's Asset Turnover for the quarter that ended in Jan. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2016 )/( (Total Assets (Q: Oct. 2015 )+Total Assets (Q: Jan. 2016 ))/ count )
=0.073/( (0.62+0.566)/ 2 )
=0.073/0.593
=0.12

* 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.


Urban Barns Foods  (OTCPK:URBF) Asset Turnover Explanation

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

Urban Barns Foods's annulized ROE % for the quarter that ended in Jan. 2016 is

ROE %**(Q: Jan. 2016 )
=Net Income/Total Stockholders Equity
=4.036/-1.1155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.036 / 0.292)*(0.292 / 0.593)*(0.593/ -1.1155)
=Net Margin %*Asset Turnover*Equity Multiplier
=1382.19 %*0.4924*-0.5316
=ROA %*Equity Multiplier
=680.61 %*-0.5316
=-361.81 %

Note: The Net Income data used here is four times the quarterly (Jan. 2016) net income data. The Revenue data used here is four times the quarterly (Jan. 2016) 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:

Urban Barns Foods's annulized ROA % for the quarter that ended in Jan. 2016 is

ROA %(Q: Jan. 2016 )
=Net Income/Total Assets
=4.036/0.593
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.036 / 0.292)*(0.292 / 0.593)
=Net Margin %*Asset Turnover
=1382.19 %*0.4924
=680.61 %

Note: The Net Income data used here is four times the quarterly (Jan. 2016) net income data. The Revenue data used here is four times the quarterly (Jan. 2016) 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.


Urban Barns Foods Asset Turnover Related Terms

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


Urban Barns Foods (Urban Barns Foods) Business Description

Traded in Other Exchanges
N/A
Address
13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.
Executives
Jeremy Kendall director 17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

Urban Barns Foods (Urban Barns Foods) Headlines

No Headlines