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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Asset Turnover : 0.19 (As of Feb. 2020)


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What is Seychelle Environmental Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Seychelle Environmental Technologies's Revenue for the three months ended in Feb. 2020 was $0.80 Mil. Seychelle Environmental Technologies's Total Assets for the quarter that ended in Feb. 2020 was $4.19 Mil. Therefore, Seychelle Environmental Technologies's Asset Turnover for the quarter that ended in Feb. 2020 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Seychelle Environmental Technologies's annualized ROE % for the quarter that ended in Feb. 2020 was -6.21%. It is also linked to ROA % through Du Pont Formula. Seychelle Environmental Technologies's annualized ROA % for the quarter that ended in Feb. 2020 was -4.97%.


Seychelle Environmental Technologies Asset Turnover Historical Data

The historical data trend for Seychelle Environmental Technologies'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.

Seychelle Environmental Technologies Asset Turnover Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 0.92 1.33 0.78 0.78

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 0.18 0.17 0.19 0.20 0.19

Competitive Comparison of Seychelle Environmental Technologies's Asset Turnover

For the Pollution & Treatment Controls subindustry, Seychelle Environmental Technologies'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.


Seychelle Environmental Technologies's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seychelle Environmental Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Seychelle Environmental Technologies's Asset Turnover falls into.



Seychelle Environmental Technologies Asset Turnover Calculation

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

Seychelle Environmental Technologies's Asset Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2020 )/( (Total Assets (A: Feb. 2019 )+Total Assets (A: Feb. 2020 ))/ count )
=3.086/( (3.749+4.181)/ 2 )
=3.086/3.965
=0.78

Seychelle Environmental Technologies's Asset Turnover for the quarter that ended in Feb. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2020 )/( (Total Assets (Q: Nov. 2019 )+Total Assets (Q: Feb. 2020 ))/ count )
=0.799/( (4.196+4.181)/ 2 )
=0.799/4.1885
=0.19

* 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.


Seychelle Environmental Technologies  (OTCPK:SYEV) Asset Turnover Explanation

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

Seychelle Environmental Technologies's annulized ROE % for the quarter that ended in Feb. 2020 is

ROE %**(Q: Feb. 2020 )
=Net Income/Total Stockholders Equity
=-0.208/3.348
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.208 / 3.196)*(3.196 / 4.1885)*(4.1885/ 3.348)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.51 %*0.763*1.251
=ROA %*Equity Multiplier
=-4.97 %*1.251
=-6.21 %

Note: The Net Income data used here is four times the quarterly (Feb. 2020) net income data. The Revenue data used here is four times the quarterly (Feb. 2020) 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:

Seychelle Environmental Technologies's annulized ROA % for the quarter that ended in Feb. 2020 is

ROA %(Q: Feb. 2020 )
=Net Income/Total Assets
=-0.208/4.1885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.208 / 3.196)*(3.196 / 4.1885)
=Net Margin %*Asset Turnover
=-6.51 %*0.763
=-4.97 %

Note: The Net Income data used here is four times the quarterly (Feb. 2020) net income data. The Revenue data used here is four times the quarterly (Feb. 2020) 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.


Seychelle Environmental Technologies Asset Turnover Related Terms

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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.
Executives
John D Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Cari Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Irrevocable Trust The Tam 10 percent owner 4012 S RAINBOW SUITE K111 LAS VEGAS NV 89103
James K Place director, officer: COO, CFO, Treasurer 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675
Richard C Parsons director, officer: Executive Vice President/Secre 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675

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