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IAR Brasov (BSE:IARV) Asset Turnover : 0.00 (As of . 20)


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What is IAR Brasov Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IAR Brasov's Revenue for the six months ended in . 20 was lei Mil. IAR Brasov's Total Assets for the quarter that ended in . 20 was lei Mil. Therefore, IAR Brasov's Asset Turnover for the quarter that ended in . 20 was 0.00.

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


IAR Brasov Asset Turnover Historical Data

The historical data trend for IAR Brasov'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.

IAR Brasov Asset Turnover Chart

IAR Brasov Annual Data
Trend
Asset Turnover

IAR Brasov Semi-Annual Data
Asset Turnover

Competitive Comparison of IAR Brasov's Asset Turnover

For the Aerospace & Defense subindustry, IAR Brasov'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.


IAR Brasov's Asset Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, IAR Brasov's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IAR Brasov's Asset Turnover falls into.



IAR Brasov Asset Turnover Calculation

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

IAR Brasov'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 )
=/( (+)/ )
=/
=

IAR Brasov'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.


IAR Brasov  (BSE:IARV) Asset Turnover Explanation

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

IAR Brasov'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 two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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:

IAR Brasov's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 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.


IAR Brasov Asset Turnover Related Terms

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IAR Brasov (BSE:IARV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Strada Hermann Oberth, nr. 34, Ghimbav, Brasov, ROU, 507075
IAR SA Brasov designs and manufactures helicopters. The company manufactures aircraft and spaceships. The company also provide maintenance, repairs and capital repairs for Puma and Alouette III helicopters. It has produced and delivered approximately 360 Puma and Alouette III helicopters.

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