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Banco do Brasil BB Brasil (Banco do Brasil BB Brasil) Asset Turnover

: 0.02 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Banco do Brasil BB Brasil's Revenue for the three months ended in Dec. 2023 was $10,012 Mil. Banco do Brasil BB Brasil's Total Assets for the quarter that ended in Dec. 2023 was $447,082 Mil. Therefore, Banco do Brasil BB Brasil's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Banco do Brasil BB Brasil's annualized ROE % for the quarter that ended in Dec. 2023 was 25.72%. It is also linked to ROA % through Du Pont Formula. Banco do Brasil BB Brasil's annualized ROA % for the quarter that ended in Dec. 2023 was 1.96%.


Banco do Brasil BB Brasil Asset Turnover Historical Data

The historical data trend for Banco do Brasil BB Brasil'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.

Banco do Brasil BB Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.05 0.06 0.07

Banco do Brasil BB Brasil Quarterly Data
Mar19 Jun19 Sep19 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison

For the Banks - Regional subindustry, Banco do Brasil BB Brasil'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.


Banco do Brasil BB Brasil Asset Turnover Distribution

For the Banks industry and Financial Services sector, Banco do Brasil BB Brasil's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Banco do Brasil BB Brasil's Asset Turnover falls into.



Banco do Brasil BB Brasil Asset Turnover Calculation

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

Banco do Brasil BB Brasil'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 )
=28734.35/( (386891.136+443381.359)/ 2 )
=28734.35/415136.2475
=0.07

Banco do Brasil BB Brasil'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 )
=10011.75/( (450783.281+443381.359)/ 2 )
=10011.75/447082.32
=0.02

* 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.


Banco do Brasil BB Brasil  (OTCPK:BDORY) Asset Turnover Explanation

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

Banco do Brasil BB Brasil's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8759.368/34057.286
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8759.368 / 40047)*(40047 / 447082.32)*(447082.32/ 34057.286)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.87 %*0.0896*13.1274
=ROA %*Equity Multiplier
=1.96 %*13.1274
=25.72 %

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:

Banco do Brasil BB Brasil's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8759.368/447082.32
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8759.368 / 40047)*(40047 / 447082.32)
=Net Margin %*Asset Turnover
=21.87 %*0.0896
=1.96 %

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.


Banco do Brasil BB Brasil Asset Turnover Related Terms

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Banco do Brasil BB Brasil (Banco do Brasil BB Brasil) Business Description

Traded in Other Exchanges
Address
Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-912
Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, pension fund & capitalization, Payment methods, and Other segments. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The bank has subsidiaries/ business units/offices in Argentina, Dubai, the United Kingdom, Spain, Mexico, the United States, France, China, and Japan, among other locations. The products and services portfolio includes accounts, Loans, cards, financing, and others.

Banco do Brasil BB Brasil (Banco do Brasil BB Brasil) Headlines

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