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Grupo ModeloB de CV (Grupo ModeloB de CV) Asset Turnover : 0.02 (As of Jun. 2015)


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What is Grupo ModeloB de CV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Grupo ModeloB de CV's Revenue for the three months ended in Jun. 2015 was $276.5 Mil. Grupo ModeloB de CV's Total Assets for the quarter that ended in Jun. 2015 was $12,606.1 Mil. Therefore, Grupo ModeloB de CV's Asset Turnover for the quarter that ended in Jun. 2015 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Grupo ModeloB de CV's annualized ROE % for the quarter that ended in Jun. 2015 was 6.76%. It is also linked to ROA % through Du Pont Formula. Grupo ModeloB de CV's annualized ROA % for the quarter that ended in Jun. 2015 was 5.40%.


Grupo ModeloB de CV Asset Turnover Historical Data

The historical data trend for Grupo ModeloB de CV'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.

Grupo ModeloB de CV Asset Turnover Chart

Grupo ModeloB de CV Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.69 0.82 0.56 0.16

Grupo ModeloB de CV Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.13 0.12 -0.14 0.02 0.02

Competitive Comparison of Grupo ModeloB de CV's Asset Turnover

For the Beverages - Brewers subindustry, Grupo ModeloB de CV'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.


Grupo ModeloB de CV's Asset Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Grupo ModeloB de CV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Grupo ModeloB de CV's Asset Turnover falls into.



Grupo ModeloB de CV Asset Turnover Calculation

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

Grupo ModeloB de CV's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=2245.519/( (14721.996+13271.992)/ 2 )
=2245.519/13996.994
=0.16

Grupo ModeloB de CV's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=276.475/( (12626.689+12585.505)/ 2 )
=276.475/12606.097
=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.


Grupo ModeloB de CV  (GREY:GPMCF) Asset Turnover Explanation

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

Grupo ModeloB de CV's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=680.512/10068.4475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(680.512 / 1105.9)*(1105.9 / 12606.097)*(12606.097/ 10068.4475)
=Net Margin %*Asset Turnover*Equity Multiplier
=61.53 %*0.0877*1.252
=ROA %*Equity Multiplier
=5.40 %*1.252
=6.76 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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:

Grupo ModeloB de CV's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=680.512/12606.097
=(Net Income / Revenue)*(Revenue / Total Assets)
=(680.512 / 1105.9)*(1105.9 / 12606.097)
=Net Margin %*Asset Turnover
=61.53 %*0.0877
=5.40 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


Grupo ModeloB de CV Asset Turnover Related Terms

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Grupo ModeloB de CV (Grupo ModeloB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Javier Barris Sierra No. 555, Col. Zedec Santa Fe, Mexico DF, MEX, 01210
Grupo Modelo SAB de CV is engaged in production, distribution, and marketing of beer. The company brews and distributes brands, including Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports eight brands and has a presence in more than 180 countries. The global portfolio includes Budweiser, Bud Light, Bud Light Platinum, Bud Light Ritas, Stella Artois, Michelob Ultra and O'Doul's non-alcoholic beer, produced by Anheuser-Busch InBev. Through a strategic alliance with Nestlé Waters, it distributes the brands of bottled water Sta. María and Nestlé Pureza Vital in Mexico.

Grupo ModeloB de CV (Grupo ModeloB de CV) Headlines

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