Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Asset Turnover: 0.15 (As of Jun. 2023)


BOG:PROTECCION Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
12 GF Score
Price COP78,000.00
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What is Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover?

Administradora de Fondos de Pensiones y Cesantia Proteccion BOG:PROTECCION 12 Asset Turnover is 0.15 as of Jun. 2023. GuruFocus rates BOG:PROTECCION with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Administradora de Fondos de Pensiones y Cesantia Proteccion's Revenue for the six months ended in Jun. 2023 was COP477,648 Mil. Administradora de Fondos de Pensiones y Cesantia Proteccion's Total Assets for the quarter that ended in Jun. 2023 was COP3,226,567 Mil. Therefore, Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover for the quarter that ended in Jun. 2023 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Administradora de Fondos de Pensiones y Cesantia Proteccion's annualized ROE % for the quarter that ended in Jun. 2023 was 17.52%. It is also linked to ROA % through Du Pont Formula. Administradora de Fondos de Pensiones y Cesantia Proteccion's annualized ROA % for the quarter that ended in Jun. 2023 was 11.80%.


Administradora de Fondos de Pensiones y Cesantia Proteccion  (BOG:PROTECCION) Asset Turnover Explanation

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

Administradora de Fondos de Pensiones y Cesantia Proteccion's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=380664.468/2173104.4225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(380664.468 / 955295.646)*(955295.646 / 3226566.668)*(3226566.668/ 2173104.4225)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.85 %*0.2961*1.4848
=ROA %*Equity Multiplier
=11.80 %*1.4848
=17.52 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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:

Administradora de Fondos de Pensiones y Cesantia Proteccion's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=380664.468/3226566.668
=(Net Income / Revenue)*(Revenue / Total Assets)
=(380664.468 / 955295.646)*(955295.646 / 3226566.668)
=Net Margin %*Asset Turnover
=39.85 %*0.2961
=11.80 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 2023) 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.


Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover Related Terms


Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover Historical Data

* Premium members only.

The historical data trend for Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover Chart

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.42 0.39 0.34 0.30

Administradora de Fondos de Pensiones y Cesantia Proteccion Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.19 0.15 0.15 0.13 0.15

BOG:PROTECCION vs BLK, BX, BK: Asset Turnover Comparison

For the Asset Management subindustry, Administradora de Fondos de Pensiones y Cesantia Proteccion'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.


Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover falls into.


BOG:PROTECCION
12GF Score
Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Administradora de Fondos de Pensiones y Cesantia Proteccion Asset Turnover Calculation

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

Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=990846/( (2985777+3646410)/ 2 )
=990846/3316093.5
=0.30

Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=477647.823/( (3669062.425+2784070.911)/ 2 )
=477647.823/3226566.668
=0.15

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.15 mean?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Asset Turnover of 0.15 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Asset Turnover is 0.15. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Asset Turnover of 0.15 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Asset Turnover of 0.15. The current Asset Turnover is 0.15. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Asset Turnover is 0.15 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description

Address Calle 49 No. 63-100 Torre Protection, Medellin, COL
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
12GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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