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Execus SpA (MIL:EXEC) Asset Turnover : 1.19 (As of Dec. 2022)


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What is Execus SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Execus SpA's Revenue for the six months ended in Dec. 2022 was €2.38 Mil. Execus SpA's Total Assets for the quarter that ended in Dec. 2022 was €2.01 Mil. Therefore, Execus SpA's Asset Turnover for the quarter that ended in Dec. 2022 was 1.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Execus SpA's annualized ROE % for the quarter that ended in Dec. 2022 was 161.09%. It is also linked to ROA % through Du Pont Formula. Execus SpA's annualized ROA % for the quarter that ended in Dec. 2022 was 61.73%.


Execus SpA Asset Turnover Historical Data

The historical data trend for Execus SpA'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.

Execus SpA Asset Turnover Chart

Execus SpA Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
0.76 1.19 0.82

Execus SpA Semi-Annual Data
Dec21 Dec22 Dec23
Asset Turnover 0.76 1.19 0.82

Competitive Comparison of Execus SpA's Asset Turnover

For the Education & Training Services subindustry, Execus SpA'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.


Execus SpA's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Execus SpA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Execus SpA's Asset Turnover falls into.



Execus SpA Asset Turnover Calculation

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

Execus SpA'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 )
=2.38/( (1.264+2.747)/ 2 )
=2.38/2.0055
=1.19

Execus SpA'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: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=2.38/( (1.264+2.747)/ 2 )
=2.38/2.0055
=1.19

* 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.


Execus SpA  (MIL:EXEC) Asset Turnover Explanation

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

Execus SpA's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=1.238/0.7685
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.238 / 4.76)*(4.76 / 2.0055)*(2.0055/ 0.7685)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.01 %*2.3735*2.6096
=ROA %*Equity Multiplier
=61.73 %*2.6096
=161.09 %

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:

Execus SpA's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=1.238/2.0055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.238 / 4.76)*(4.76 / 2.0055)
=Net Margin %*Asset Turnover
=26.01 %*2.3735
=61.73 %

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.


Execus SpA Asset Turnover Related Terms

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Execus SpA (MIL:EXEC) Business Description

Traded in Other Exchanges
N/A
Address
Viale Premuda 46, Milan, ITA, 20129
Execus SpA is a training and consulting company specializing in digital transformation in sales, SaaS, and Social Selling. Its services include Training for Sales Management, sales networks, and professionals who want to take advantage of the opportunities afforded by digital and social media for sales, Consulting in Digital Sales Strategy, and Digital Marketing.

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