GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) » Definitions » Asset Turnover

Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Asset Turnover : 0.10 (As of Nov. 2022)


View and export this data going back to 2002. Start your Free Trial

What is Galatasaray Sportif Sinai Veticari Yatirimlar AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Galatasaray Sportif Sinai Veticari Yatirimlar AS's Revenue for the three months ended in Nov. 2022 was ₺346.2 Mil. Galatasaray Sportif Sinai Veticari Yatirimlar AS's Total Assets for the quarter that ended in Nov. 2022 was ₺3,490.9 Mil. Therefore, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover for the quarter that ended in Nov. 2022 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Galatasaray Sportif Sinai Veticari Yatirimlar AS's annualized ROE % for the quarter that ended in Nov. 2022 was 84.35%. It is also linked to ROA % through Du Pont Formula. Galatasaray Sportif Sinai Veticari Yatirimlar AS's annualized ROA % for the quarter that ended in Nov. 2022 was -30.49%.


Galatasaray Sportif Sinai Veticari Yatirimlar AS Asset Turnover Historical Data

The historical data trend for Galatasaray Sportif Sinai Veticari Yatirimlar AS'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.

Galatasaray Sportif Sinai Veticari Yatirimlar AS Asset Turnover Chart

Galatasaray Sportif Sinai Veticari Yatirimlar AS Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.75 0.56 0.30 0.45

Galatasaray Sportif Sinai Veticari Yatirimlar AS Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22
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 0.12 0.11 0.09 0.12 0.10

Competitive Comparison of Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover

For the Entertainment subindustry, Galatasaray Sportif Sinai Veticari Yatirimlar AS'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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover falls into.



Galatasaray Sportif Sinai Veticari Yatirimlar AS Asset Turnover Calculation

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

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover for the fiscal year that ended in May. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2022 )/( (Total Assets (A: May. 2021 )+Total Assets (A: May. 2022 ))/ count )
=1189.482/( (2272.669+3051.503)/ 2 )
=1189.482/2662.086
=0.45

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover for the quarter that ended in Nov. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2022 )/( (Total Assets (Q: May. 2022 )+Total Assets (Q: Nov. 2022 ))/ count )
=346.193/( (3051.503+3930.271)/ 2 )
=346.193/3490.887
=0.10

* 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS  (IST:GSRAY) Asset Turnover Explanation

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

Galatasaray Sportif Sinai Veticari Yatirimlar AS's annulized ROE % for the quarter that ended in Nov. 2022 is

ROE %**(Q: Nov. 2022 )
=Net Income/Total Stockholders Equity
=-1064.528/-1261.9855
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1064.528 / 1384.772)*(1384.772 / 3490.887)*(3490.887/ -1261.9855)
=Net Margin %*Asset Turnover*Equity Multiplier
=-76.87 %*0.3967*-2.7662
=ROA %*Equity Multiplier
=-30.49 %*-2.7662
=84.35 %

Note: The Net Income data used here is four times the quarterly (Nov. 2022) net income data. The Revenue data used here is four times the quarterly (Nov. 2022) 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:

Galatasaray Sportif Sinai Veticari Yatirimlar AS's annulized ROA % for the quarter that ended in Nov. 2022 is

ROA %(Q: Nov. 2022 )
=Net Income/Total Assets
=-1064.528/3490.887
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1064.528 / 1384.772)*(1384.772 / 3490.887)
=Net Margin %*Asset Turnover
=-76.87 %*0.3967
=-30.49 %

Note: The Net Income data used here is four times the quarterly (Nov. 2022) net income data. The Revenue data used here is four times the quarterly (Nov. 2022) 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS Asset Turnover Related Terms

Thank you for viewing the detailed overview of Galatasaray Sportif Sinai Veticari Yatirimlar AS's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Business Description

Traded in Other Exchanges
N/A
Address
Fulya Mah Akinci Bayiri Sok No 8 K 6, Mecidiyekoy, Istanbul, TUR, 34345
Galatasaray Sportif Sinai Veticari Yatirimlar AS is a Turkey-based company engages in the promotion of Galatasaray professional football team. Its activities include sponsorship, production of licensed goods, advertising, public relations and media.

Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Headlines

No Headlines