ACP (abrdnome Credit Strategies Fund) Asset Turnover: 0.03 (As of Apr. 2026)

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ACP abrdn Income Credit Strategies Fund ACP
48 GF Score
Price $5.08
GF Value $7.79
Valuation Significantly Undervalued
! 4 Warning Signs
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What is abrdnome Credit Strategies Fund Asset Turnover?

abrdnome Credit Strategies Fund ACP +0.40% 48 Asset Turnover is 0.03 as of Apr. 2026. GuruFocus rates ACP with a GF Score™ of 48/100 and a GF Value™ of $7.79 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. abrdnome Credit Strategies Fund's Revenue for the six months ended in Apr. 2026 was $32.33 Mil. abrdnome Credit Strategies Fund's Total Assets for the quarter that ended in Apr. 2026 was $1,055.66 Mil. Therefore, abrdnome Credit Strategies Fund's Asset Turnover for the quarter that ended in Apr. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. abrdnome Credit Strategies Fund's annualized ROE % for the quarter that ended in Apr. 2026 was 8.08%. It is also linked to ROA % through Du Pont Formula. abrdnome Credit Strategies Fund's annualized ROA % for the quarter that ended in Apr. 2026 was 5.54%.


abrdnome Credit Strategies Fund  (NYSE:ACP) Asset Turnover Explanation

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

abrdnome Credit Strategies Fund's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=58.498/723.672
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(58.498 / 64.668)*(64.668 / 1055.6585)*(1055.6585/ 723.672)
=Net Margin %*Asset Turnover*Equity Multiplier
=90.46 %*0.0613*1.4588
=ROA %*Equity Multiplier
=5.54 %*1.4588
=8.08 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) 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:

abrdnome Credit Strategies Fund's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=58.498/1055.6585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(58.498 / 64.668)*(64.668 / 1055.6585)
=Net Margin %*Asset Turnover
=90.46 %*0.0613
=5.54 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) 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.


abrdnome Credit Strategies Fund Asset Turnover Related Terms


abrdnome Credit Strategies Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for abrdnome Credit Strategies Fund'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.

abrdnome Credit Strategies Fund Asset Turnover Chart

abrdnome Credit Strategies Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.11 -0.17 0.08 0.10 0.04

abrdnome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.08 0.05 -0.01 0.05 0.03

ACP vs MUJ, BHK, GAIN: Asset Turnover Comparison

For the Asset Management subindustry, abrdnome Credit Strategies Fund'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.


abrdnome Credit Strategies Fund Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdnome Credit Strategies Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where abrdnome Credit Strategies Fund's Asset Turnover falls into.


ACP
48GF Score
abrdn Income Credit Strategies Fund ACP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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abrdnome Credit Strategies Fund Asset Turnover Calculation

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

abrdnome Credit Strategies Fund's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=42.46/( (1137.289+1060.753)/ 2 )
=42.46/1099.021
=0.04

abrdnome Credit Strategies Fund's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=32.334/( (1060.753+1050.564)/ 2 )
=32.334/1055.6585
=0.03

* 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 0.03 mean?
abrdnome Credit Strategies Fund (ACP) has a Asset Turnover of 0.03 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on abrdnome Credit Strategies Fund and its competitors.
Is abrdnome Credit Strategies Fund's Asset Turnover too high?
abrdnome Credit Strategies Fund's current Asset Turnover is 0.03. Overall, abrdnome Credit Strategies Fund has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does abrdnome Credit Strategies Fund's Asset Turnover compare to MUJ and BHK?
abrdnome Credit Strategies Fund's Asset Turnover of 0.03 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 abrdnome Credit Strategies Fund and its competitors. abrdnome Credit Strategies Fund's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdnome Credit Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, abrdnome Credit Strategies Fund (ACP) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.79, compared to a current price of $5.08 — trading 34.8% below its estimated fair value. The current Asset Turnover is 0.03. abrdnome Credit Strategies Fund's overall GF Score™ is 48/100 with 4 warning signs to review. 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 abrdnome Credit Strategies Fund (ACP), the current Asset Turnover is 0.03 as of Apr. 2026. 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.

Is abrdnome Credit Strategies Fund (ACP) Overvalued in 2026?

Based on GuruFocus' analysis, abrdnome Credit Strategies Fund stock appears to be undervalued. The current stock price of $5.08 is trading 34.8% below its estimated GF Value™ of $7.79. GuruFocus considers abrdnome Credit Strategies Fund to be Significantly Undervalued.

Key valuation signals for ACP:

  • Asset Turnover: 0.03
  • GF Value™: $7.79 vs. price of $5.08 (34.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the ACP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


abrdnome Credit Strategies Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.
48GF Score

Get the complete analysis for ACP

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.08
Price
$7.79
GF Value