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iMedia Brands (STU:VVIA) Asset Turnover : 0.27 (As of Oct. 2022)


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What is iMedia Brands Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. iMedia Brands's Revenue for the three months ended in Oct. 2022 was €125.1 Mil. iMedia Brands's Total Assets for the quarter that ended in Oct. 2022 was €470.6 Mil. Therefore, iMedia Brands's Asset Turnover for the quarter that ended in Oct. 2022 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. iMedia Brands's annualized ROE % for the quarter that ended in Oct. 2022 was -191.89%. It is also linked to ROA % through Du Pont Formula. iMedia Brands's annualized ROA % for the quarter that ended in Oct. 2022 was -18.38%.


iMedia Brands Asset Turnover Historical Data

The historical data trend for iMedia Brands'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.

iMedia Brands Asset Turnover Chart

iMedia Brands Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 2.30 1.97 1.50 1.16

iMedia Brands Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.43 0.31 0.28 0.27 0.28

Competitive Comparison of iMedia Brands's Asset Turnover

For the Specialty Retail subindustry, iMedia Brands'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.


iMedia Brands's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iMedia Brands's Asset Turnover distribution charts can be found below:

* The bar in red indicates where iMedia Brands's Asset Turnover falls into.



iMedia Brands Asset Turnover Calculation

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

iMedia Brands's Asset Turnover for the fiscal year that ended in Jan. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2022 )/( (Total Assets (A: Jan. 2021 )+Total Assets (A: Jan. 2022 ))/ count )
=487.202/( (186.069+462.02)/ 2 )
=487.202/324.0445
=1.50

iMedia Brands's Asset Turnover for the quarter that ended in Oct. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2022 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Oct. 2022 ))/ count )
=125.113/( (474.614+466.495)/ 2 )
=125.113/470.5545
=0.27

* 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.


iMedia Brands  (STU:VVIA) Asset Turnover Explanation

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

iMedia Brands's annulized ROE % for the quarter that ended in Oct. 2022 is

ROE %**(Q: Oct. 2022 )
=Net Income/Total Stockholders Equity
=-86.468/45.0605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-86.468 / 500.452)*(500.452 / 470.5545)*(470.5545/ 45.0605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.28 %*1.0635*10.4427
=ROA %*Equity Multiplier
=-18.38 %*10.4427
=-191.89 %

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

iMedia Brands's annulized ROA % for the quarter that ended in Oct. 2022 is

ROA %(Q: Oct. 2022 )
=Net Income/Total Assets
=-86.468/470.5545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-86.468 / 500.452)*(500.452 / 470.5545)
=Net Margin %*Asset Turnover
=-17.28 %*1.0635
=-18.38 %

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


iMedia Brands Asset Turnover Related Terms

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iMedia Brands (STU:VVIA) Business Description

Traded in Other Exchanges
N/A
Address
6740 Shady Oak Road, Eden Prairie, MN, USA, 55344-3433
Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.

iMedia Brands (STU:VVIA) Headlines

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