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Qualitas Real Estateome Fund (ASX:QRI) Asset Turnover : 0.00 (As of Dec. 2024)


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What is Qualitas Real Estateome Fund Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Qualitas Real Estateome Fund's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Qualitas Real Estateome Fund's Total Assets for the quarter that ended in Dec. 2024 was A$723.72 Mil. Therefore, Qualitas Real Estateome Fund's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Qualitas Real Estateome Fund's annualized ROE % for the quarter that ended in Dec. 2024 was 8.86%. It is also linked to ROA % through Du Pont Formula. Qualitas Real Estateome Fund's annualized ROA % for the quarter that ended in Dec. 2024 was 8.77%.


Qualitas Real Estateome Fund Asset Turnover Historical Data

The historical data trend for Qualitas Real Estateome 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.

* Premium members only.

Qualitas Real Estateome Fund Asset Turnover Chart

Qualitas Real Estateome Fund Annual Data
Trend Jun18 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial 0.01 - - - -

Qualitas Real Estateome Fund Semi-Annual Data
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 - - - - -

Competitive Comparison of Qualitas Real Estateome Fund's Asset Turnover

For the Asset Management subindustry, Qualitas Real Estateome 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.


Qualitas Real Estateome Fund's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Qualitas Real Estateome Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Qualitas Real Estateome Fund's Asset Turnover falls into.


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Qualitas Real Estateome Fund Asset Turnover Calculation

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

Qualitas Real Estateome Fund'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 )
=0/( (607.524+684.062)/ 2 )
=0/645.793
=0.00

Qualitas Real Estateome Fund'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 )
=0/( (684.062+763.38)/ 2 )
=0/723.721
=0.00

* 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.


Qualitas Real Estateome Fund  (ASX:QRI) Asset Turnover Explanation

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

Qualitas Real Estateome Fund's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=63.452/716.0655
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(63.452 / 0)*(0 / 723.721)*(723.721/ 716.0655)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0107
=ROA %*Equity Multiplier
=8.77 %*1.0107
=8.86 %

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:

Qualitas Real Estateome Fund's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=63.452/723.721
=(Net Income / Revenue)*(Revenue / Total Assets)
=(63.452 / 0)*(0 / 723.721)
=Net Margin %*Asset Turnover
= %*0
=8.77 %

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.


Qualitas Real Estateome Fund Asset Turnover Related Terms

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Qualitas Real Estateome Fund Business Description

Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Qualitas Real Estate Income Fund is a real estate investment management firm that seeks to invest the Trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia.

Qualitas Real Estateome Fund Headlines

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