GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Strategic Value Ltd (ASX:WAR) » Definitions » Asset Turnover

WAM Strategic Value (ASX:WAR) Asset Turnover : 0.03 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is WAM Strategic Value Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. WAM Strategic Value's Revenue for the six months ended in Dec. 2024 was A$6.45 Mil. WAM Strategic Value's Total Assets for the quarter that ended in Dec. 2024 was A$238.57 Mil. Therefore, WAM Strategic Value's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. WAM Strategic Value's annualized ROE % for the quarter that ended in Dec. 2024 was 4.28%. It is also linked to ROA % through Du Pont Formula. WAM Strategic Value's annualized ROA % for the quarter that ended in Dec. 2024 was 4.15%.


WAM Strategic Value Asset Turnover Historical Data

The historical data trend for WAM Strategic Value'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.

WAM Strategic Value Asset Turnover Chart

WAM Strategic Value Annual Data
Trend Mar21 Jun23 Jun24
Asset Turnover
- 0.10 0.13

WAM Strategic Value Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover 0.05 0.06 0.04 0.09 0.03

Competitive Comparison of WAM Strategic Value's Asset Turnover

For the Asset Management subindustry, WAM Strategic Value'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.


WAM Strategic Value's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Strategic Value's Asset Turnover distribution charts can be found below:

* The bar in red indicates where WAM Strategic Value's Asset Turnover falls into.



WAM Strategic Value Asset Turnover Calculation

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

WAM Strategic Value'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 )
=30.953/( (219.02+244.347)/ 2 )
=30.953/231.6835
=0.13

WAM Strategic Value'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 )
=6.448/( (244.347+232.791)/ 2 )
=6.448/238.569
=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.


WAM Strategic Value  (ASX:WAR) Asset Turnover Explanation

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

WAM Strategic Value's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=9.912/231.6835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.912 / 12.896)*(12.896 / 238.569)*(238.569/ 231.6835)
=Net Margin %*Asset Turnover*Equity Multiplier
=76.86 %*0.0541*1.0297
=ROA %*Equity Multiplier
=4.15 %*1.0297
=4.28 %

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:

WAM Strategic Value's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=9.912/238.569
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.912 / 12.896)*(12.896 / 238.569)
=Net Margin %*Asset Turnover
=76.86 %*0.0541
=4.15 %

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.


WAM Strategic Value Asset Turnover Related Terms

Thank you for viewing the detailed overview of WAM Strategic Value's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


WAM Strategic Value Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Strategic Value Ltd is an investment company. The company is engaged in investing activities, including cash, term deposits, and equity investments. Its investment objectives are to provide capital growth over the medium-to-long term, deliver a stream of dividends, and preserve capital while providing shareholders with exposure to a diversified equities portfolio.

WAM Strategic Value Headlines