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One Stop Systems (One Stop Systems) Asset Turnover : 0.26 (As of Mar. 2024)


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What is One Stop Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. One Stop Systems's Revenue for the three months ended in Mar. 2024 was $12.65 Mil. One Stop Systems's Total Assets for the quarter that ended in Mar. 2024 was $48.29 Mil. Therefore, One Stop Systems's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. One Stop Systems's annualized ROE % for the quarter that ended in Mar. 2024 was -13.75%. It is also linked to ROA % through Du Pont Formula. One Stop Systems's annualized ROA % for the quarter that ended in Mar. 2024 was -11.10%.


One Stop Systems Asset Turnover Historical Data

The historical data trend for One Stop Systems'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.

One Stop Systems Asset Turnover Chart

One Stop Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.54 1.32 1.37 1.34 1.16

One Stop Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.29 0.31 0.26 0.26 0.26

Competitive Comparison of One Stop Systems's Asset Turnover

For the Computer Hardware subindustry, One Stop Systems'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.


One Stop Systems's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, One Stop Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where One Stop Systems's Asset Turnover falls into.



One Stop Systems Asset Turnover Calculation

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

One Stop Systems's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=60.897/( (56.365+48.266)/ 2 )
=60.897/52.3155
=1.16

One Stop Systems's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=12.652/( (48.266+48.314)/ 2 )
=12.652/48.29
=0.26

* 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.


One Stop Systems  (NAS:OSS) Asset Turnover Explanation

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

One Stop Systems's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-5.36/38.9765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.36 / 50.608)*(50.608 / 48.29)*(48.29/ 38.9765)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.59 %*1.048*1.239
=ROA %*Equity Multiplier
=-11.10 %*1.239
=-13.75 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

One Stop Systems's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-5.36/48.29
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.36 / 50.608)*(50.608 / 48.29)
=Net Margin %*Asset Turnover
=-10.59 %*1.048
=-11.10 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


One Stop Systems Asset Turnover Related Terms

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


One Stop Systems (One Stop Systems) Business Description

Traded in Other Exchanges
Address
2235 Enterprise Street, Suite 110, Escondido, CA, USA, 92029
One Stop Systems Inc designs and manufactures innovative Artificial intelligence (AI) Transportable edge computing modules and systems, including ruggedized servers, compute accelerators, expansion systems, flash storage arrays and Ion Accelerator SAN, NAS and data recording software for AI workflows. These products are used for AI data set capture, training, and large-scale inference in the defense, oil and gas, mining, autonomous vehicles and rugged entertainment applications. The company enables AI on the Fly by bringing AI datacenter performance to the edge, especially on mobile platforms, and by addressing the entire AI workflow, from high-speed data acquisition to deep learning, training and inference. Its products are available directly or through global distributors.
Executives
Steve D Cooper director, 10 percent owner, officer: President, CEO 2235 ENTERPRISE ST STE 110, ESCONDIDO CA 92029
Michael J. Dumont director 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Michael Knowles officer: Chief Executive Officer 9333 BALBOA AVENUE, SAN DIEGO CA 92123
Gregory W Matz director 1 WHITE OAK WAY, NOVATO CA 94949
David Raun director 870 MAUDE AVENUE, SUNNVALE CA 94085
James M Reardon officer: President, CDI 2235 ENTERPRISE ST STE 110, ESCONDIDO CA 92029
Teresita M. Lowman director 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Kenneth F Potashner director C/O MAXWELL TECHNOLOGIES INC, 9244 BALBOA AVE, SAN DIEGO CA 92123
Gioia Messinger director VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
Jack Harrison director 2235 ENTERPRISE STREET STE 110, ESCONDIDO CA 92029
John Ralph Reardon director 2114 OPAL RIDGE, VISTA CA 92081
Barbara D'amato director 6445 SOUTH TENAYA WAY, B-130, LAS VEGAS NV 89113
Jim Ison officer: Vice President of Sales 2235 ENTERPRISE STREET STE 110, ESCONDIDO CA 92029
Kimberly C. Sentovich director 2235 ENTERPRISE ST SUITE 110, ESCONDIDO CA 92029
Josef Bressner officer: Managing Director, Bressner 2235 ENTERPRISE ST SUITE 110, ESCONDIDO CA 92029