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Alviva Holdings (Alviva Holdings) Asset Turnover : 1.23 (As of Jun. 2022)


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What is Alviva Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alviva Holdings's Revenue for the six months ended in Jun. 2022 was $755 Mil. Alviva Holdings's Total Assets for the quarter that ended in Jun. 2022 was $616 Mil. Therefore, Alviva Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 1.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Alviva Holdings's annualized ROE % for the quarter that ended in Jun. 2022 was 21.63%. It is also linked to ROA % through Du Pont Formula. Alviva Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was 6.37%.


Alviva Holdings Asset Turnover Historical Data

The historical data trend for Alviva Holdings'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.

Alviva Holdings Asset Turnover Chart

Alviva Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.47 1.92 2.24 2.65

Alviva Holdings 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 0.93 1.15 1.14 1.29 1.23

Competitive Comparison of Alviva Holdings's Asset Turnover

For the Information Technology Services subindustry, Alviva Holdings'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.


Alviva Holdings's Asset Turnover Distribution in the Software Industry

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

* The bar in red indicates where Alviva Holdings's Asset Turnover falls into.



Alviva Holdings Asset Turnover Calculation

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

Alviva Holdings's Asset Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2022 )/( (Total Assets (A: Jun. 2021 )+Total Assets (A: Jun. 2022 ))/ count )
=1481.511/( (502.888+614.795)/ 2 )
=1481.511/558.8415
=2.65

Alviva Holdings'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 )
=755.475/( (616.412+614.795)/ 2 )
=755.475/615.6035
=1.23

* 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.


Alviva Holdings  (OTCPK:ALVNF) Asset Turnover Explanation

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

Alviva Holdings's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=39.208/181.254
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.208 / 1510.95)*(1510.95 / 615.6035)*(615.6035/ 181.254)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.59 %*2.4544*3.3964
=ROA %*Equity Multiplier
=6.37 %*3.3964
=21.63 %

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:

Alviva Holdings's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=39.208/615.6035
=(Net Income / Revenue)*(Revenue / Total Assets)
=(39.208 / 1510.95)*(1510.95 / 615.6035)
=Net Margin %*Asset Turnover
=2.59 %*2.4544
=6.37 %

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.


Alviva Holdings Asset Turnover Related Terms

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Alviva Holdings (Alviva Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Corner of New Road and 6th Street, International business Gateway Park, P.O. Box 483, Halfway House, Midrand, Johannesburg, GT, ZAF, 1685
Alviva Holdings Ltd provides information technology and communication technology. The company's operating segment includes Information and Communication Technology (ICT) Distribution; Services and Solutions; Financial Services and Central Group Services. It generates maximum revenue from the ICT Distribution segment. ICT Distribution segment which imports ICT hardware and software and sells it into the sub-Saharan African markets. Geographically, it derives a majority of revenue from South Africa.

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