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Gevorkyan CZ sro (XPRA:GEV) Asset Turnover : 0.10 (As of Mar. 2024)


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What is Gevorkyan CZ sro Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gevorkyan CZ sro's Revenue for the three months ended in Mar. 2024 was Kč417 Mil. Gevorkyan CZ sro's Total Assets for the quarter that ended in Mar. 2024 was Kč4,398 Mil. Therefore, Gevorkyan CZ sro's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Gevorkyan CZ sro's annualized ROE % for the quarter that ended in Mar. 2024 was 13.17%. It is also linked to ROA % through Du Pont Formula. Gevorkyan CZ sro's annualized ROA % for the quarter that ended in Mar. 2024 was 5.43%.


Gevorkyan CZ sro Asset Turnover Historical Data

The historical data trend for Gevorkyan CZ sro'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.

Gevorkyan CZ sro Asset Turnover Chart

Gevorkyan CZ sro Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.45 0.46 0.44 0.41 0.47

Gevorkyan CZ sro Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 0.12 - - 0.12 0.10

Competitive Comparison of Gevorkyan CZ sro's Asset Turnover

For the Tools & Accessories subindustry, Gevorkyan CZ sro'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.


Gevorkyan CZ sro's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gevorkyan CZ sro's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gevorkyan CZ sro's Asset Turnover falls into.



Gevorkyan CZ sro Asset Turnover Calculation

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

Gevorkyan CZ sro'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 )
=1871.405/( (3701.593+4287.21)/ 2 )
=1871.405/3994.4015
=0.47

Gevorkyan CZ sro's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=417.264/( (4287.21+4508.814)/ 2 )
=417.264/4398.012
=0.09

* 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.


Gevorkyan CZ sro  (XPRA:GEV) Asset Turnover Explanation

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

Gevorkyan CZ sro's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=238.652/1811.6705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(238.652 / 1669.056)*(1669.056 / 4398.012)*(4398.012/ 1811.6705)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.3 %*0.3795*2.4276
=ROA %*Equity Multiplier
=5.43 %*2.4276
=13.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Gevorkyan CZ sro's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=238.652/4398.012
=(Net Income / Revenue)*(Revenue / Total Assets)
=(238.652 / 1669.056)*(1669.056 / 4398.012)
=Net Margin %*Asset Turnover
=14.3 %*0.3795
=5.43 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Gevorkyan CZ sro Asset Turnover Related Terms

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Gevorkyan CZ sro (XPRA:GEV) Business Description

Traded in Other Exchanges
Address
Karolinska 661/4, Karlín, Praha 8, Prague, CZE, 186 00
Gevorkyan CZ sro engages in powder metallurgy. Its technologies consist of Powder metallurgy (PM SINTER) Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces; Metal powder injection moulding (MIM) technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces; Hot isostatic pressing (HIP) is the process of compacting powders or castings and sintered parts in a furnace at high pressure and temperature; Additive manufacturing (AM) is the deposition of fine layers of metal powders on a 3D printer followed by sintering.

Gevorkyan CZ sro (XPRA:GEV) Headlines

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