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Soluciones Cuatroochenta (XMAD:480S) Asset Turnover : 0.39 (As of Dec. 2023)


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What is Soluciones Cuatroochenta Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Soluciones Cuatroochenta's Revenue for the six months ended in Dec. 2023 was €11.73 Mil. Soluciones Cuatroochenta's Total Assets for the quarter that ended in Dec. 2023 was €30.30 Mil. Therefore, Soluciones Cuatroochenta's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Soluciones Cuatroochenta's annualized ROE % for the quarter that ended in Dec. 2023 was 5.33%. It is also linked to ROA % through Du Pont Formula. Soluciones Cuatroochenta's annualized ROA % for the quarter that ended in Dec. 2023 was 1.80%.


Soluciones Cuatroochenta Asset Turnover Historical Data

The historical data trend for Soluciones Cuatroochenta'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.

Soluciones Cuatroochenta Asset Turnover Chart

Soluciones Cuatroochenta Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.66 0.59 0.66 0.66 0.72

Soluciones Cuatroochenta Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.32 0.32 0.33 0.35 0.39

Competitive Comparison of Soluciones Cuatroochenta's Asset Turnover

For the Software - Application subindustry, Soluciones Cuatroochenta'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.


Soluciones Cuatroochenta's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Soluciones Cuatroochenta's Asset Turnover falls into.



Soluciones Cuatroochenta Asset Turnover Calculation

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

Soluciones Cuatroochenta'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 )
=22.406/( (31.518+30.866)/ 2 )
=22.406/31.192
=0.72

Soluciones Cuatroochenta'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=11.734/( (29.725+30.866)/ 2 )
=11.734/30.2955
=0.39

* 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.


Soluciones Cuatroochenta  (XMAD:480S) Asset Turnover Explanation

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

Soluciones Cuatroochenta's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.546/10.251
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.546 / 23.468)*(23.468 / 30.2955)*(30.2955/ 10.251)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.33 %*0.7746*2.9554
=ROA %*Equity Multiplier
=1.80 %*2.9554
=5.33 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Soluciones Cuatroochenta's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0.546/30.2955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.546 / 23.468)*(23.468 / 30.2955)
=Net Margin %*Asset Turnover
=2.33 %*0.7746
=1.80 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Soluciones Cuatroochenta Asset Turnover Related Terms

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Soluciones Cuatroochenta (XMAD:480S) Business Description

Traded in Other Exchanges
N/A
Address
Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071
Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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