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Blueone Card (Blueone Card) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Blueone Card Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blueone Card's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Blueone Card's Total Assets for the quarter that ended in Dec. 2023 was $1.40 Mil. Therefore, Blueone Card's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Blueone Card's annualized ROE % for the quarter that ended in Dec. 2023 was -271.32%. It is also linked to ROA % through Du Pont Formula. Blueone Card's annualized ROA % for the quarter that ended in Dec. 2023 was -133.48%.


Blueone Card Asset Turnover Historical Data

The historical data trend for Blueone Card'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.

Blueone Card Asset Turnover Chart

Blueone Card Annual Data
Trend Mar10 Mar11 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial 1.10 - - 0.13 0.04

Blueone Card Quarterly Data
Jun11 Sep11 Dec11 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -

Competitive Comparison of Blueone Card's Asset Turnover

For the Software - Application subindustry, Blueone Card'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.


Blueone Card's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Blueone Card's Asset Turnover falls into.



Blueone Card Asset Turnover Calculation

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

Blueone Card's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=0.025/( (0.447+0.991)/ 2 )
=0.025/0.719
=0.03

Blueone Card'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 )
=0.001/( (1.624+1.169)/ 2 )
=0.001/1.3965
=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.


Blueone Card  (OTCPK:BCRD) Asset Turnover Explanation

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

Blueone Card's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1.864/0.687
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.864 / 0.004)*(0.004 / 1.3965)*(1.3965/ 0.687)
=Net Margin %*Asset Turnover*Equity Multiplier
=-46600 %*0.0029*2.0328
=ROA %*Equity Multiplier
=-133.48 %*2.0328
=-271.32 %

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:

Blueone Card's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1.864/1.3965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.864 / 0.004)*(0.004 / 1.3965)
=Net Margin %*Asset Turnover
=-46600 %*0.0029
=-133.48 %

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.


Blueone Card Asset Turnover Related Terms

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Blueone Card (Blueone Card) Business Description

Traded in Other Exchanges
N/A
Address
4695 McArther Court, Suite 1100, Newport Beach, CA, USA, 92260
Blueone Card Inc is a financial services company that makes it easy for its customers to make mass payments of all sorts. The company payout solutions and prepaid card solutions to consumers and corporations in more than 30 countries transforming Card-to-Card Cross Border Real-Time Global Money Transfers. Its services include Cash via the agent, Check delivery and Prepaid-Cards.
Executives
Taegyu Choi director 4695 MACARTHUR BLVD, SUITE 1100, NEWPORT BEACH CA 92660
Dong Sung Lee director 4695 MACARTHUR BLVD, SUITE 1100, NEWPORT BEACH CA 92660
James Koh director, 10 percent owner, officer: CEO 3435 WILSHIRE BOULEVARD, SUITE 1720, LOS ANGELES CA 90010
Irina Goldman director, 10 percent owner, officer: President, Secretary 5 VICTORY ROAD, SUFFERN NY 10901