GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Oaktree Specialty Lending Corp (FRA:FFC) » Definitions » Asset Turnover

Oaktree Specialty Lending (FRA:FFC) Asset Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Oaktree Specialty Lending Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Oaktree Specialty Lending's Revenue for the three months ended in Mar. 2024 was €9.4 Mil. Oaktree Specialty Lending's Total Assets for the quarter that ended in Mar. 2024 was €3,014.6 Mil. Therefore, Oaktree Specialty Lending's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Oaktree Specialty Lending's annualized ROE % for the quarter that ended in Mar. 2024 was 2.46%. It is also linked to ROA % through Du Pont Formula. Oaktree Specialty Lending's annualized ROA % for the quarter that ended in Mar. 2024 was 1.14%.


Oaktree Specialty Lending Asset Turnover Historical Data

The historical data trend for Oaktree Specialty Lending'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.

Oaktree Specialty Lending Asset Turnover Chart

Oaktree Specialty Lending Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.03 0.12 0.02 0.04

Oaktree Specialty Lending 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 0.01 0.01 0.02 - -

Competitive Comparison of Oaktree Specialty Lending's Asset Turnover

For the Credit Services subindustry, Oaktree Specialty Lending'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.


Oaktree Specialty Lending's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Oaktree Specialty Lending's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Oaktree Specialty Lending's Asset Turnover falls into.



Oaktree Specialty Lending Asset Turnover Calculation

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

Oaktree Specialty Lending's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=117.316/( (2672.776+3015.115)/ 2 )
=117.316/2843.9455
=0.04

Oaktree Specialty Lending'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 )
=9.418/( (2995.101+3034.104)/ 2 )
=9.418/3014.6025
=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.


Oaktree Specialty Lending  (FRA:FFC) Asset Turnover Explanation

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

Oaktree Specialty Lending's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=34.36/1394.1775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.36 / 37.672)*(37.672 / 3014.6025)*(3014.6025/ 1394.1775)
=Net Margin %*Asset Turnover*Equity Multiplier
=91.21 %*0.0125*2.1623
=ROA %*Equity Multiplier
=1.14 %*2.1623
=2.46 %

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:

Oaktree Specialty Lending's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=34.36/3014.6025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(34.36 / 37.672)*(37.672 / 3014.6025)
=Net Margin %*Asset Turnover
=91.21 %*0.0125
=1.14 %

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.


Oaktree Specialty Lending Asset Turnover Related Terms

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


Oaktree Specialty Lending (FRA:FFC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. It provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. Its investments generally range in size from ten million dollars to hundred million dollars and are principally in the form of the first lien, second lien, or collectively, senior secured, and subordinated debt investments, which may also include an equity component made in connection with investments by private equity sponsors.