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Abdullah A M Al-Khodari Sons Co JSC (SAU:1330) Asset Turnover : -0.01 (As of Dec. 2018)


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What is Abdullah A M Al-Khodari Sons Co JSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Abdullah A M Al-Khodari Sons Co JSC's Revenue for the three months ended in Dec. 2018 was ﷼-22.7 Mil. Abdullah A M Al-Khodari Sons Co JSC's Total Assets for the quarter that ended in Dec. 2018 was ﷼1,596.1 Mil. Therefore, Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover for the quarter that ended in Dec. 2018 was -0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Abdullah A M Al-Khodari Sons Co JSC's annualized ROE % for the quarter that ended in Dec. 2018 was 1,549.35%. It is also linked to ROA % through Du Pont Formula. Abdullah A M Al-Khodari Sons Co JSC's annualized ROA % for the quarter that ended in Dec. 2018 was -393.21%.


Abdullah A M Al-Khodari Sons Co JSC Asset Turnover Historical Data

The historical data trend for Abdullah A M Al-Khodari Sons Co JSC'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.

Abdullah A M Al-Khodari Sons Co JSC Asset Turnover Chart

Abdullah A M Al-Khodari Sons Co JSC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.50 0.36 0.20 0.09

Abdullah A M Al-Khodari Sons Co JSC Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.03 0.03 0.03 0.03 -0.01

Competitive Comparison of Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover

For the Engineering & Construction subindustry, Abdullah A M Al-Khodari Sons Co JSC'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.


Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover falls into.



Abdullah A M Al-Khodari Sons Co JSC Asset Turnover Calculation

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

Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=164.689/( (2501.377+991.669)/ 2 )
=164.689/1746.523
=0.09

Abdullah A M Al-Khodari Sons Co JSC's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=-22.712/( (2200.545+991.669)/ 2 )
=-22.712/1596.107
=-0.01

* 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.


Abdullah A M Al-Khodari Sons Co JSC  (SAU:1330) Asset Turnover Explanation

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

Abdullah A M Al-Khodari Sons Co JSC's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-6275.984/-405.0715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6275.984 / -90.848)*(-90.848 / 1596.107)*(1596.107/ -405.0715)
=Net Margin %*Asset Turnover*Equity Multiplier
=6908.22 %*-0.0569*-3.9403
=ROA %*Equity Multiplier
=-393.21 %*-3.9403
=1,549.35 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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:

Abdullah A M Al-Khodari Sons Co JSC's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-6275.984/1596.107
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6275.984 / -90.848)*(-90.848 / 1596.107)
=Net Margin %*Asset Turnover
=6908.22 %*-0.0569
=-393.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 2018) 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.


Abdullah A M Al-Khodari Sons Co JSC Asset Turnover Related Terms

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Abdullah A M Al-Khodari Sons Co JSC (SAU:1330) Business Description

Traded in Other Exchanges
N/A
Address
NSH Tower, Dammam Khobar Highway, 10th Floor, P.O. Box 3589, Alkhobar, SAU, 31952
Abdullah A M Al-Khodari Sons Co JSC is a general contracting company. Principally, its activities include civil engineering, roads, bridges and railways, buildings and infrastructure, water and wastewater treatment, and oil and gas and pipelines in support of petrochemical production. Its operating segment includes Contracting and Servicing/Trading. The company generates maximum revenue from the Contracting segment. Additionally, the company is also involved in the provision of city cleaning and environmental protection services, land transportation and other operation and maintenance related ventures.

Abdullah A M Al-Khodari Sons Co JSC (SAU:1330) Headlines

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