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Industria De Diseno Textil (Industria De Diseno Textil) Asset Turnover : 0.31 (As of Jan. 2024)


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What is Industria De Diseno Textil Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Industria De Diseno Textil's Revenue for the three months ended in Jan. 2024 was $11,261 Mil. Industria De Diseno Textil's Total Assets for the quarter that ended in Jan. 2024 was $35,831 Mil. Therefore, Industria De Diseno Textil's Asset Turnover for the quarter that ended in Jan. 2024 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Industria De Diseno Textil's annualized ROE % for the quarter that ended in Jan. 2024 was 28.85%. It is also linked to ROA % through Du Pont Formula. Industria De Diseno Textil's annualized ROA % for the quarter that ended in Jan. 2024 was 15.55%.


Industria De Diseno Textil Asset Turnover Historical Data

The historical data trend for Industria De Diseno Textil'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.

Industria De Diseno Textil Asset Turnover Chart

Industria De Diseno Textil Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.78 0.97 1.08 1.15

Industria De Diseno Textil Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.32 0.25 0.30 0.26 0.31

Competitive Comparison of Industria De Diseno Textil's Asset Turnover

For the Apparel Retail subindustry, Industria De Diseno Textil'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.


Industria De Diseno Textil's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Industria De Diseno Textil's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Industria De Diseno Textil's Asset Turnover falls into.



Industria De Diseno Textil Asset Turnover Calculation

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

Industria De Diseno Textil's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=39157.952/( (32309.267+35659.041)/ 2 )
=39157.952/33984.154
=1.15

Industria De Diseno Textil's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=11261.438/( (36002.112+35659.041)/ 2 )
=11261.438/35830.5765
=0.31

* 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.


Industria De Diseno Textil  (OTCPK:IDEXY) Asset Turnover Explanation

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

Industria De Diseno Textil's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=5572.984/19320.4375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5572.984 / 45045.752)*(45045.752 / 35830.5765)*(35830.5765/ 19320.4375)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.37 %*1.2572*1.8545
=ROA %*Equity Multiplier
=15.55 %*1.8545
=28.85 %

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

Industria De Diseno Textil's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=5572.984/35830.5765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5572.984 / 45045.752)*(45045.752 / 35830.5765)
=Net Margin %*Asset Turnover
=12.37 %*1.2572
=15.55 %

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


Industria De Diseno Textil Asset Turnover Related Terms

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Industria De Diseno Textil (Industria De Diseno Textil) Business Description

Address
Edificio Inditex, Avenida de la Diputación, Arteixo, ESP, 15142
Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Industria De Diseno Textil (Industria De Diseno Textil) Headlines

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