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PaperlinX SPS Trust (ASX:PXUPA.PFD) Asset Turnover : 0.00 (As of . 20)


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What is PaperlinX SPS Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PaperlinX SPS Trust's Revenue for the three months ended in . 20 was A$ Mil. PaperlinX SPS Trust's Total Assets for the quarter that ended in . 20 was A$ Mil. Therefore, PaperlinX SPS Trust's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PaperlinX SPS Trust's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. PaperlinX SPS Trust's annualized ROA % for the quarter that ended in . 20 was %.


PaperlinX SPS Trust Asset Turnover Historical Data

The historical data trend for PaperlinX SPS 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.

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PaperlinX SPS Trust Asset Turnover Chart

PaperlinX SPS Trust Annual Data
Trend
Asset Turnover

PaperlinX SPS Trust Quarterly Data
Asset Turnover

Competitive Comparison of PaperlinX SPS Trust's Asset Turnover

For the Asset Management subindustry, PaperlinX SPS 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.


PaperlinX SPS Trust's Asset Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where PaperlinX SPS Trust's Asset Turnover falls into.



PaperlinX SPS Trust Asset Turnover Calculation

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

PaperlinX SPS Trust's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

PaperlinX SPS Trust's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


PaperlinX SPS Trust  (ASX:PXUPA.PFD) Asset Turnover Explanation

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

PaperlinX SPS Trust's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

PaperlinX SPS Trust's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


PaperlinX SPS Trust Asset Turnover Related Terms

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PaperlinX SPS Trust (ASX:PXUPA.PFD) Business Description

Traded in Other Exchanges
N/A
Address
PaperlinX SPS Trust invests in preference shares issued by PaperlinX SPS LLC, a wholly owned subsidiary of PaperlinX, domiciled in the USA. The Responsible Entity for the Trust is The Trust Company (RE Services) Limited.

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