AAAIF (Alternative Investment Trust) Asset Turnover: 0.14 (As of Jun. 2022)


What is Alternative Investment Trust Asset Turnover?

Alternative Investment Trust AAAIF Asset Turnover is 0.14 as of Jun. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alternative Investment Trust's Revenue for the six months ended in Jun. 2022 was $4.77 Mil. Alternative Investment Trust's Total Assets for the quarter that ended in Jun. 2022 was $33.43 Mil. Therefore, Alternative Investment Trust's Asset Turnover for the quarter that ended in Jun. 2022 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Alternative Investment Trust's annualized ROE % for the quarter that ended in Jun. 2022 was 28.11%. It is also linked to ROA % through Du Pont Formula. Alternative Investment Trust's annualized ROA % for the quarter that ended in Jun. 2022 was 27.92%.


Alternative Investment Trust  (OTCPK:AAAIF) Asset Turnover Explanation

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

Alternative Investment Trust's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=9.334/33.209
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.334 / 9.53)*(9.53 / 33.431)*(33.431/ 33.209)
=Net Margin %*Asset Turnover*Equity Multiplier
=97.94 %*0.2851*1.0067
=ROA %*Equity Multiplier
=27.92 %*1.0067
=28.11 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Alternative Investment Trust's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=9.334/33.431
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.334 / 9.53)*(9.53 / 33.431)
=Net Margin %*Asset Turnover
=97.94 %*0.2851
=27.92 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Alternative Investment Trust Asset Turnover Related Terms


Alternative Investment Trust Asset Turnover Historical Data

* Premium members only.

The historical data trend for Alternative Investment Trust'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.

Alternative Investment Trust Asset Turnover Chart

Alternative Investment Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 0.11 0.16 0.25 0.18

Alternative Investment Trust Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.05 0.20 0.03 0.16 0.14

AAAIF vs WISH, INTV: Asset Turnover Comparison

For the Asset Management subindustry, Alternative Investment Trust'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.


Alternative Investment Trust Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alternative Investment Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alternative Investment Trust's Asset Turnover falls into.



Alternative Investment Trust Asset Turnover Calculation

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

Alternative Investment Trust's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=5.375/( (30.91+30.658)/ 2 )
=5.375/30.784
=0.17

Alternative Investment Trust's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=4.765/( (30.658+36.204)/ 2 )
=4.765/33.431
=0.14

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.14 mean?
Alternative Investment Trust (AAAIF) has a Asset Turnover of 0.14 as of Jun. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Alternative Investment Trust and its competitors.
Is Alternative Investment Trust's Asset Turnover too high?
Alternative Investment Trust's current Asset Turnover is 0.14.
How does Alternative Investment Trust's Asset Turnover compare to WISH and INTV?
Alternative Investment Trust's Asset Turnover of 0.14 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Alternative Investment Trust and its competitors. Alternative Investment Trust's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternative Investment Trust stock overvalued right now?
Alternative Investment Trust (AAAIF) has a current Asset Turnover of 0.14. The current Asset Turnover is 0.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Alternative Investment Trust (AAAIF), the current Asset Turnover is 0.14 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alternative Investment Trust Business Description

Address 1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Alternative Investment Trust is a registered managed investment scheme. Its investment objective is to generate attractive pre-tax risk adjusted absolute returns over the medium to long term while focusing on capital preservation, by gaining exposure to a portfolio of international absolute return funds and selected direct investments in subordinated debt and equity co-investments.