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Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Asset Turnover : 0.05 (As of Dec. 2023)


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What is Brasilagro - Cia Bras de Prop Agricolas Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brasilagro - Cia Bras de Prop Agricolas's Revenue for the three months ended in Dec. 2023 was R$153.8 Mil. Brasilagro - Cia Bras de Prop Agricolas's Total Assets for the quarter that ended in Dec. 2023 was R$3,395.1 Mil. Therefore, Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Brasilagro - Cia Bras de Prop Agricolas's annualized ROE % for the quarter that ended in Dec. 2023 was -1.12%. It is also linked to ROA % through Du Pont Formula. Brasilagro - Cia Bras de Prop Agricolas's annualized ROA % for the quarter that ended in Dec. 2023 was -0.69%.


Brasilagro - Cia Bras de Prop Agricolas Asset Turnover Historical Data

The historical data trend for Brasilagro - Cia Bras de Prop Agricolas'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.

Brasilagro - Cia Bras de Prop Agricolas Asset Turnover Chart

Brasilagro - Cia Bras de Prop Agricolas Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.32 0.25 0.40 0.35

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.08 0.09 0.05 0.19 0.05

Competitive Comparison of Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover falls into.



Brasilagro - Cia Bras de Prop Agricolas Asset Turnover Calculation

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

Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=1201.729/( (3345.263+3508.075)/ 2 )
=1201.729/3426.669
=0.35

Brasilagro - Cia Bras de Prop Agricolas's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=153.77/( (3508.075+3282.201)/ 2 )
=153.77/3395.138
=0.05

* 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.


Brasilagro - Cia Bras de Prop Agricolas  (BSP:AGRO3) Asset Turnover Explanation

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

Brasilagro - Cia Bras de Prop Agricolas's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-23.288/2086.589
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.288 / 615.08)*(615.08 / 3395.138)*(3395.138/ 2086.589)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.79 %*0.1812*1.6271
=ROA %*Equity Multiplier
=-0.69 %*1.6271
=-1.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Brasilagro - Cia Bras de Prop Agricolas's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-23.288/3395.138
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.288 / 615.08)*(615.08 / 3395.138)
=Net Margin %*Asset Turnover
=-3.79 %*0.1812
=-0.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Brasilagro - Cia Bras de Prop Agricolas Asset Turnover Related Terms

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Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 1309, 5th Floor, Sao Paulo, SP, BRA, 1452-002
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.

Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Headlines

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