Brookfield Property Partners LP (Brookfield Property Partners LP) Asset Turnover : 0.02 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Brookfield Property Partners LP Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brookfield Property Partners LP's Revenue for the three months ended in Mar. 2024 was $2,320.00 Mil. Brookfield Property Partners LP's Total Assets for the quarter that ended in Mar. 2024 was $131,354.50 Mil. Therefore, Brookfield Property Partners LP's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Brookfield Property Partners LP's annualized ROE % for the quarter that ended in Mar. 2024 was -6.33%. It is also linked to ROA % through Du Pont Formula. Brookfield Property Partners LP's annualized ROA % for the quarter that ended in Mar. 2024 was -0.42%.

Brookfield Property Partners LP Asset Turnover Historical Data

The historical data trend for Brookfield Property Partners LP'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.

Brookfield Property Partners LP Asset Turnover Chart

Brookfield Property Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Asset Turnover

Get a 7-Day Free Trial

0.07

0.06

0.07

0.08

Brookfield Property Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Asset Turnover	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Brookfield Property Partners LP's Asset Turnover

For the Real Estate Services subindustry, Brookfield Property Partners LP'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.

Brookfield Property Partners LP's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brookfield Property Partners LP's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Brookfield Property Partners LP's Asset Turnover falls into.

Brookfield Property Partners LP Asset Turnover Calculation

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

Brookfield Property Partners LP's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
=	9483	/	( (112516	+	131577)	/ 2 )
=	9483	/	122046.5
=	0.08

Brookfield Property Partners LP's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	2320	/	( (131577	+	131132)	/ 2 )
=	2320	/	131354.5
=	0.02

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.

Brookfield Property Partners LP (NAS:BPYPN.PFD) Asset Turnover Explanation

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

Brookfield Property Partners LP's annulized ROE % for the quarter that ended in Mar. 2024 is

	ROE %^**		(Q: Mar. 2024 )
=	Net Income	/	Total Stockholders Equity
=	-552	/	8723
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-552 / 9280)	*	(9280 / 131354.5)	*	(131354.5/ 8723)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-5.95 %	*	0.0706	*	15.0584
=	ROA %	*	Equity Multiplier
=	-0.42 %	*	15.0584
=	-6.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

^** 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:

Brookfield Property Partners LP's annulized ROA % for the quarter that ended in Mar. 2024 is

	ROA %		(Q: Mar. 2024 )
=	Net Income	/	Total Assets
=	-552	/	131354.5
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-552 / 9280)	*	(9280 / 131354.5)
=	Net Margin %	*	Asset Turnover
=	-5.95 %	*	0.0706
=	-0.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

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.

Brookfield Property Partners LP Asset Turnover Related Terms

Thank you for viewing the detailed overview of Brookfield Property Partners LP's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Brookfield Property Partners LP (Brookfield Property Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Brookfield Property Partners LP (NAS:BPYPN.PFD) » Definitions » Asset Turnover

Comparable Companies

Traded in Other Exchanges

BPYPO.PFD:USA BPYPP.PFD:USA

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bpy.brookfield.com

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being an owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and corporate sector. It generates a majority of revenue from the LP Investments segment.