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Alon Blue Square Israel (Alon Blue Square Israel) Asset Turnover : 0.01 (As of Mar. 2016)


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What is Alon Blue Square Israel Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alon Blue Square Israel's Revenue for the three months ended in Mar. 2016 was $12.4 Mil. Alon Blue Square Israel's Total Assets for the quarter that ended in Mar. 2016 was $1,813.5 Mil. Therefore, Alon Blue Square Israel's Asset Turnover for the quarter that ended in Mar. 2016 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Alon Blue Square Israel's annualized ROE % for the quarter that ended in Mar. 2016 was -92.93%. It is also linked to ROA % through Du Pont Formula. Alon Blue Square Israel's annualized ROA % for the quarter that ended in Mar. 2016 was 3.29%.


Alon Blue Square Israel Asset Turnover Historical Data

The historical data trend for Alon Blue Square Israel'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.

Alon Blue Square Israel Asset Turnover Chart

Alon Blue Square Israel Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.41 0.01 0.01 0.03

Alon Blue Square Israel Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.01 0.28 0.02 -0.02 0.01

Competitive Comparison of Alon Blue Square Israel's Asset Turnover

For the Department Stores subindustry, Alon Blue Square Israel'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.


Alon Blue Square Israel's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alon Blue Square Israel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alon Blue Square Israel's Asset Turnover falls into.



Alon Blue Square Israel Asset Turnover Calculation

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

Alon Blue Square Israel's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=55.74/( (2322.613+1828.99)/ 2 )
=55.74/2075.8015
=0.03

Alon Blue Square Israel's Asset Turnover for the quarter that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=12.432/( (1828.99+1798.068)/ 2 )
=12.432/1813.529
=0.01

* 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.


Alon Blue Square Israel  (OTCPK:BSIRY) Asset Turnover Explanation

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

Alon Blue Square Israel's annulized ROE % for the quarter that ended in Mar. 2016 is

ROE %**(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=59.66/-64.1975
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(59.66 / 49.728)*(49.728 / 1813.529)*(1813.529/ -64.1975)
=Net Margin %*Asset Turnover*Equity Multiplier
=119.97 %*0.0274*-28.2492
=ROA %*Equity Multiplier
=3.29 %*-28.2492
=-92.93 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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:

Alon Blue Square Israel's annulized ROA % for the quarter that ended in Mar. 2016 is

ROA %(Q: Mar. 2016 )
=Net Income/Total Assets
=59.66/1813.529
=(Net Income / Revenue)*(Revenue / Total Assets)
=(59.66 / 49.728)*(49.728 / 1813.529)
=Net Margin %*Asset Turnover
=119.97 %*0.0274
=3.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) 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.


Alon Blue Square Israel Asset Turnover Related Terms

Thank you for viewing the detailed overview of Alon Blue Square Israel's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Alon Blue Square Israel (Alon Blue Square Israel) Business Description

Traded in Other Exchanges
N/A
Address
Alon Blue Square Israel Ltd was incorporated in June 1988 as a company under the laws of the State of Israel. The Company owns and operates supermarkets and retail outlets. It operates in four reporting segments: Supermarkets, Fueling and Commercial sites, Non-Food Retail & Wholesale, and Real Estate. In its Supermarkets segment, it is a food retailer in the State of Israel. In its Fueling and Commercial Sites segment, it operates a chain of filling stations and convenience stores in different formats in Israel. In its 'Non-Food' segment, it sells 'Non-Food' items both in its supermarkets and in stand alone outlets. In its Real Estate segment, it owns leases and develops yield-generating commercial properties and residency projects. Through its supermarkets, it offers a range of food and beverage products and 'Non-Food' items, such as houseware, small electrical appliances, computers and computer accessories, entertainment products and textile products, and 'Near-Food' products, such as health and beauty aids, products for babies, cosmetics and hygiene products. It also operates several houseware departments within its large stores. Through its stand alone 'Non-Food' outlets, it offers a range of houseware and home textile, toys, leisure and baby products. The Company competes with the other supermarket chain, Shufersal, low-priced smaller supermarket chains, independent grocers, open-air markets, and other retailers selling supermarket goods. Its non-food business is subject to Israeli laws relating to imports, customs, labeling of products and consumer protection laws, as well as to labor laws and license and permit laws as apply to the operation of its network of stores. The Company is subject to safety tests, quality control and certification by the Standards Institution of Israel.

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