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Fabrity Holding (WAR:FAB) Asset Turnover : 0.31 (As of Dec. 2023)


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What is Fabrity Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fabrity Holding's Revenue for the three months ended in Dec. 2023 was zł19.39 Mil. Fabrity Holding's Total Assets for the quarter that ended in Dec. 2023 was zł63.34 Mil. Therefore, Fabrity Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Fabrity Holding's annualized ROE % for the quarter that ended in Dec. 2023 was 14.53%. It is also linked to ROA % through Du Pont Formula. Fabrity Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 8.32%.


Fabrity Holding Asset Turnover Historical Data

The historical data trend for Fabrity Holding'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.

Fabrity Holding Asset Turnover Chart

Fabrity Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.68 0.67 0.89 1.18

Fabrity Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.27 0.26 0.28 0.31

Competitive Comparison of Fabrity Holding's Asset Turnover

For the Software - Application subindustry, Fabrity Holding'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.


Fabrity Holding's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Fabrity Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fabrity Holding's Asset Turnover falls into.



Fabrity Holding Asset Turnover Calculation

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

Fabrity Holding's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=68.716/( (60.876+55.502)/ 2 )
=68.716/58.189
=1.18

Fabrity Holding's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=19.392/( (71.172+55.502)/ 2 )
=19.392/63.337
=0.31

* 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.


Fabrity Holding  (WAR:FAB) Asset Turnover Explanation

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

Fabrity Holding's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=5.268/36.2635
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.268 / 77.568)*(77.568 / 63.337)*(63.337/ 36.2635)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.79 %*1.2247*1.7466
=ROA %*Equity Multiplier
=8.32 %*1.7466
=14.53 %

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

Fabrity Holding's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=5.268/63.337
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.268 / 77.568)*(77.568 / 63.337)
=Net Margin %*Asset Turnover
=6.79 %*1.2247
=8.32 %

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


Fabrity Holding Asset Turnover Related Terms

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Fabrity Holding (WAR:FAB) Business Description

Traded in Other Exchanges
N/A
Address
ul. domaniewska 44a, Warszawa, POL, 00-145
Fabrity Holding SA Formerly K2 Holding SA is an interactive agency involved in providing marketing, sales, and client services in Poland. It offers integrated campaign, design and branding, social storytelling, production and motion, client strategy, and creative workshop services; and content distribution, data management platform, TV and multiscreen, paid social, and attribution and analytics services among others.

Fabrity Holding (WAR:FAB) Headlines

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