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Mobile TeleSystems PJSC (Mobile TeleSystems PJSC) Asset Turnover : 0.12 (As of Mar. 2023)


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What is Mobile TeleSystems PJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mobile TeleSystems PJSC's Revenue for the three months ended in Mar. 2023 was $1,855 Mil. Mobile TeleSystems PJSC's Total Assets for the quarter that ended in Mar. 2023 was $16,069 Mil. Therefore, Mobile TeleSystems PJSC's Asset Turnover for the quarter that ended in Mar. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Mobile TeleSystems PJSC's annualized ROE % for the quarter that ended in Mar. 2023 was -1,718.42%. It is also linked to ROA % through Du Pont Formula. Mobile TeleSystems PJSC's annualized ROA % for the quarter that ended in Mar. 2023 was 4.20%.


Mobile TeleSystems PJSC Asset Turnover Historical Data

The historical data trend for Mobile TeleSystems PJSC'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.

Mobile TeleSystems PJSC Asset Turnover Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.57 0.52 0.55 0.56

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.14 0.11 0.16 - 0.12

Competitive Comparison of Mobile TeleSystems PJSC's Asset Turnover

For the Telecom Services subindustry, Mobile TeleSystems PJSC'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.


Mobile TeleSystems PJSC's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mobile TeleSystems PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mobile TeleSystems PJSC's Asset Turnover falls into.



Mobile TeleSystems PJSC Asset Turnover Calculation

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

Mobile TeleSystems PJSC'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 )
=8852.108/( (13739.339+17694.934)/ 2 )
=8852.108/15717.1365
=0.56

Mobile TeleSystems PJSC's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=1855.388/( (17694.934+14443.125)/ 2 )
=1855.388/16069.0295
=0.12

* 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.


Mobile TeleSystems PJSC  (NYSE:MBT) Asset Turnover Explanation

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

Mobile TeleSystems PJSC's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=674.788/-39.268
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(674.788 / 7421.552)*(7421.552 / 16069.0295)*(16069.0295/ -39.268)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.09 %*0.4619*-409.2144
=ROA %*Equity Multiplier
=4.20 %*-409.2144
=-1,718.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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:

Mobile TeleSystems PJSC's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=674.788/16069.0295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(674.788 / 7421.552)*(7421.552 / 16069.0295)
=Net Margin %*Asset Turnover
=9.09 %*0.4619
=4.20 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


Mobile TeleSystems PJSC Asset Turnover Related Terms

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Mobile TeleSystems PJSC (Mobile TeleSystems PJSC) Business Description

Traded in Other Exchanges
Address
4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.