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Blue Sky Alternative Investments (Blue Sky Alternative Investments) Asset Turnover : 0.06 (As of Dec. 2018)


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What is Blue Sky Alternative Investments Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Sky Alternative Investments's Revenue for the six months ended in Dec. 2018 was $11.59 Mil. Blue Sky Alternative Investments's Total Assets for the quarter that ended in Dec. 2018 was $193.32 Mil. Therefore, Blue Sky Alternative Investments's Asset Turnover for the quarter that ended in Dec. 2018 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Sky Alternative Investments's annualized ROE % for the quarter that ended in Dec. 2018 was -37.44%. It is also linked to ROA % through Du Pont Formula. Blue Sky Alternative Investments's annualized ROA % for the quarter that ended in Dec. 2018 was -18.86%.


Blue Sky Alternative Investments Asset Turnover Historical Data

The historical data trend for Blue Sky Alternative Investments'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.

Blue Sky Alternative Investments Asset Turnover Chart

Blue Sky Alternative Investments Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Asset Turnover
Get a 7-Day Free Trial 0.47 0.42 0.36 0.24 0.11

Blue Sky Alternative Investments Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.02 0.23 0.12 -0.01 0.06

Competitive Comparison of Blue Sky Alternative Investments's Asset Turnover

For the Asset Management subindustry, Blue Sky Alternative Investments'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.


Blue Sky Alternative Investments's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Sky Alternative Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Sky Alternative Investments's Asset Turnover falls into.



Blue Sky Alternative Investments Asset Turnover Calculation

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

Blue Sky Alternative Investments's Asset Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2018 )/( (Total Assets (A: Jun. 2017 )+Total Assets (A: Jun. 2018 ))/ count )
=24.756/( (218.209+243.326)/ 2 )
=24.756/230.7675
=0.11

Blue Sky Alternative Investments's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=11.585/( (243.326+143.318)/ 2 )
=11.585/193.322
=0.06

* 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.


Blue Sky Alternative Investments  (GREY:BSKIF) Asset Turnover Explanation

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

Blue Sky Alternative Investments's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-36.468/97.405
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.468 / 23.17)*(23.17 / 193.322)*(193.322/ 97.405)
=Net Margin %*Asset Turnover*Equity Multiplier
=-157.39 %*0.1199*1.9847
=ROA %*Equity Multiplier
=-18.86 %*1.9847
=-37.44 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) 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:

Blue Sky Alternative Investments's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-36.468/193.322
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-36.468 / 23.17)*(23.17 / 193.322)
=Net Margin %*Asset Turnover
=-157.39 %*0.1199
=-18.86 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) 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.


Blue Sky Alternative Investments Asset Turnover Related Terms

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Blue Sky Alternative Investments (Blue Sky Alternative Investments) Business Description

Traded in Other Exchanges
N/A
Address
111 Eagle Street, Level 46, Brisbane, QLD, AUS, 4000
Blue Sky Alternative Investments Ltd is an alternative asset management company. It manages funds and investments across the four alternative asset classes namely, Private equity, Private real estate, Real assets And Hedge funds. Private equity class specializes in the fund that deploys capital into established growing businesses. Private real estate specializes in funds that include real estate investments focusing on student accommodation, retirement living, and commercial property. Real assets specialize in funds which include investments focusing on water entitlements and agribusiness. It generates a majority of the revenue from the management fees, which it receives by providing management services to the funds it manages. Its core operating segment is Alternative asset management.

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