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Non-Standard Finance (LSE:NSF) Asset Turnover : 0.10 (As of Dec. 2022)


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What is Non-Standard Finance Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Non-Standard Finance's Revenue for the six months ended in Dec. 2022 was £26.88 Mil. Non-Standard Finance's Total Assets for the quarter that ended in Dec. 2022 was £263.94 Mil. Therefore, Non-Standard Finance's Asset Turnover for the quarter that ended in Dec. 2022 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Non-Standard Finance's annualized ROE % for the quarter that ended in Dec. 2022 was 46.07%. It is also linked to ROA % through Du Pont Formula. Non-Standard Finance's annualized ROA % for the quarter that ended in Dec. 2022 was -15.27%.


Non-Standard Finance Asset Turnover Historical Data

The historical data trend for Non-Standard Finance'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.

Non-Standard Finance Asset Turnover Chart

Non-Standard Finance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 0.30 0.32 0.32 0.30 0.25

Non-Standard Finance Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.15 0.15 0.14 0.13 0.10

Competitive Comparison of Non-Standard Finance's Asset Turnover

For the Credit Services subindustry, Non-Standard Finance'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.


Non-Standard Finance's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Non-Standard Finance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Non-Standard Finance's Asset Turnover falls into.



Non-Standard Finance Asset Turnover Calculation

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

Non-Standard Finance's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=69.459/( (341.138+223.969)/ 2 )
=69.459/282.5535
=0.25

Non-Standard Finance's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=26.883/( (303.903+223.969)/ 2 )
=26.883/263.936
=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.


Non-Standard Finance  (LSE:NSF) Asset Turnover Explanation

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

Non-Standard Finance's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-40.3/-87.471
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-40.3 / 53.766)*(53.766 / 263.936)*(263.936/ -87.471)
=Net Margin %*Asset Turnover*Equity Multiplier
=-74.95 %*0.2037*-3.0174
=ROA %*Equity Multiplier
=-15.27 %*-3.0174
=46.07 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Non-Standard Finance's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-40.3/263.936
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-40.3 / 53.766)*(53.766 / 263.936)
=Net Margin %*Asset Turnover
=-74.95 %*0.2037
=-15.27 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Non-Standard Finance Asset Turnover Related Terms

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Non-Standard Finance (LSE:NSF) Business Description

Traded in Other Exchanges
N/A
Address
The Bothy, The Nostell Estate Yard The Nostell Estate, Nostell, Wakefield, West Yorkshire, GBR, WF4 1AB
Non-Standard Finance PLC is a consumer finance provider based in the United Kingdom. Its core business is the provision of consumer finance through loans and other credit facilities throughout the country. Its business is structured in four segments, namely, Branch-based lending (Everyday Loans); Guarantor loans (TrustTwo and George Banco); Home credit (Loans at Home); and Central (head office activities). The company has a Home Credit Division, which trades as Loans at Home. The company's subsidiary Trust Two focuses on guaranteed loans in the non-standard finance sector. Everyday Loans provides unsecured consumer loans, primarily on a face-to-face basis, through its network of branches across the country.

Non-Standard Finance (LSE:NSF) Headlines

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