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Motorcycle Holdings (ASX:MTO) Asset Turnover : 0.81 (As of Dec. 2024)


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What is Motorcycle 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. Motorcycle Holdings's Revenue for the six months ended in Dec. 2024 was A$319.6 Mil. Motorcycle Holdings's Total Assets for the quarter that ended in Dec. 2024 was A$394.3 Mil. Therefore, Motorcycle Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.81.

Asset Turnover is linked to ROE % through Du Pont Formula. Motorcycle Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was 9.32%. It is also linked to ROA % through Du Pont Formula. Motorcycle Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 4.79%.


Motorcycle Holdings Asset Turnover Historical Data

The historical data trend for Motorcycle 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.

Motorcycle Holdings Asset Turnover Chart

Motorcycle Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.39 1.62 1.66 1.63 1.43

Motorcycle Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.79 0.72 0.71 0.73 0.81

Competitive Comparison of Motorcycle Holdings's Asset Turnover

For the Auto & Truck Dealerships subindustry, Motorcycle 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.


Motorcycle Holdings's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcycle Holdings's Asset Turnover distribution charts can be found below:

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


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Motorcycle Holdings Asset Turnover Calculation

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

Motorcycle Holdings's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=575.146/( (409.931+394.98)/ 2 )
=575.146/402.4555
=1.43

Motorcycle Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=319.553/( (394.98+393.586)/ 2 )
=319.553/394.283
=0.81

* 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.


Motorcycle Holdings  (ASX:MTO) Asset Turnover Explanation

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

Motorcycle Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=18.898/202.8435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.898 / 639.106)*(639.106 / 394.283)*(394.283/ 202.8435)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.96 %*1.6209*1.9438
=ROA %*Equity Multiplier
=4.79 %*1.9438
=9.32 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

Motorcycle Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=18.898/394.283
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.898 / 639.106)*(639.106 / 394.283)
=Net Margin %*Asset Turnover
=2.96 %*1.6209
=4.79 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Motorcycle Holdings Asset Turnover Related Terms

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Motorcycle Holdings Business Description

Traded in Other Exchanges
N/A
Address
68 Moss Street, Slacks Creek, Logan City, QLD, AUS, 4127
Motorcycle Holdings Ltd is a motorcycle dealer in Australia. It has two reporting segments. First, Motorcycle Retailing, which consists of the ownership and operation of motorcycle dealerships engaging in the sale of new motorcycles, used motorcycles, parts, servicing, accessories, and mechanical protection plan contracts. It also facilitates insurance and financing for motorcycle purchases through third-party sources. Second, Motorcycle and Accessories Wholesaling, which imports and distributes a diversified range of motorcycle parts and accessories to wholesale customers in Australia. The majority of its revenue is derived from the Motorcycle Retailing segment. The company also owns and operates a motorcycle repair business that performs smash repair work for insurers.

Motorcycle Holdings Headlines

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