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OAT (OATN) Asset Turnover : 0.00 (As of Feb. 2012)


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What is OAT Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OAT's Revenue for the six months ended in Feb. 2012 was $0.00 Mil. OAT's Total Assets for the quarter that ended in Feb. 2012 was $1.13 Mil. Therefore, OAT's Asset Turnover for the quarter that ended in Feb. 2012 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. OAT's annualized ROE % for the quarter that ended in Feb. 2012 was -498.36%. It is also linked to ROA % through Du Pont Formula. OAT's annualized ROA % for the quarter that ended in Feb. 2012 was 390.28%.


OAT Asset Turnover Historical Data

The historical data trend for OAT'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.

OAT Asset Turnover Chart

OAT Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12
Asset Turnover
- - - - -

OAT Semi-Annual Data
Feb08 Feb09 Feb10 Feb11 Feb12
Asset Turnover - - - - -

Competitive Comparison of OAT's Asset Turnover

For the Building Products & Equipment subindustry, OAT'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.


OAT's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, OAT's Asset Turnover distribution charts can be found below:

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



OAT Asset Turnover Calculation

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

OAT's Asset Turnover for the fiscal year that ended in Feb. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2012 )/( (Total Assets (A: Feb. 2011 )+Total Assets (A: Feb. 2012 ))/ count )
=0/( (0.001+2.263)/ 2 )
=0/1.132
=0.00

OAT's Asset Turnover for the quarter that ended in Feb. 2012 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2012 )/( (Total Assets (Q: Feb. 2011 )+Total Assets (Q: Feb. 2012 ))/ count )
=0/( (0.001+2.263)/ 2 )
=0/1.132
=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.


OAT  (OTCPK:OATN) Asset Turnover Explanation

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

OAT's annulized ROE % for the quarter that ended in Feb. 2012 is

ROE %**(Q: Feb. 2012 )
=Net Income/Total Stockholders Equity
=4.418/-0.8865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.418 / 0)*(0 / 1.132)*(1.132/ -0.8865)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-1.2769
=ROA %*Equity Multiplier
=390.28 %*-1.2769
=-498.36 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2012) net income data. The Revenue data used here is two times the semi-annual (Feb. 2012) 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:

OAT's annulized ROA % for the quarter that ended in Feb. 2012 is

ROA %(Q: Feb. 2012 )
=Net Income/Total Assets
=4.418/1.132
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.418 / 0)*(0 / 1.132)
=Net Margin %*Asset Turnover
= %*0
=390.28 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2012) net income data. The Revenue data used here is two times the semi-annual (Feb. 2012) 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.


OAT Asset Turnover Related Terms

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


OAT (OATN) Business Description

Traded in Other Exchanges
N/A
Address
12106 Park Street, Cerritos, CA, USA, 90703
OAT Inc is engaged in the Air Conditioning, Heating, and Ventilation construction business. The Company's clientele is government sectors, military units, Air Force Base, and Marine Corps Base etc. It builds HVAC system package to control the usage time and temperature in each room using a computer utilizing the Direct Digital Control Program. The HVAC system is composed of Chiller, Cooling Tower, Chilled and Hot Water Pump, Hydronic Piping System, Custom Air Handler and VAV Box.
Executives
Eliot York director 32 BRACKENWOOD AVENUE, RICHMOND HILL A6 L4S 2P5
William B Kerr director 233 ROBINSON STREET, OAKVILLE A6 LGJ 425
Michel Emile Ghostine director C/O 277 LAKESHORE ROAD EAST, OAKVILLE A6 L6J 1H9
Carolyne Sing director, 10 percent owner, officer: CFO, Treasurer, Secretary 7839 - 17TH AVE, BURNABY A1 V3N 1M1
John H Gillespie officer: CEO & President C/O SILLENGER EXPLORATION CORP., 7837-17TH AVENUE, BURNABY A1 V3N 1M1

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