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Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario (BSP:BLMO11) Asset Turnover : 0.05 (As of Dec. 2023)


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What is Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Revenue for the six months ended in Dec. 2023 was R$5.73 Mil. Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Total Assets for the quarter that ended in Dec. 2023 was R$115.95 Mil. Therefore, Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's annualized ROE % for the quarter that ended in Dec. 2023 was -31.63%. It is also linked to ROA % through Du Pont Formula. Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's annualized ROA % for the quarter that ended in Dec. 2023 was -31.46%.


Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Asset Turnover Historical Data

The historical data trend for Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario'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.

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Asset Turnover Chart

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.01 0.03 0.04 0.05

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover - 0.01 0.03 0.04 0.05

Competitive Comparison of Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Asset Turnover

For the REIT - Diversified subindustry, Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario'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.


Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's Asset Turnover falls into.



Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Asset Turnover Calculation

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

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario'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 )
=5.725/( (127.041+104.858)/ 2 )
=5.725/115.9495
=0.05

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario'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: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.725/( (127.041+104.858)/ 2 )
=5.725/115.9495
=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.


Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario  (BSP:BLMO11) Asset Turnover Explanation

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

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-36.474/115.3005
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-36.474 / 11.45)*(11.45 / 115.9495)*(115.9495/ 115.3005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-318.55 %*0.0987*1.0056
=ROA %*Equity Multiplier
=-31.46 %*1.0056
=-31.63 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-36.474/115.9495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-36.474 / 11.45)*(11.45 / 115.9495)
=Net Margin %*Asset Turnover
=-318.55 %*0.0987
=-31.46 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Asset Turnover Related Terms

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Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Iguatemi, 151, 19 Andar, São Paulo, SP, BRA, 1451011
Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario invests in real estate, in addition to obtaining income and eventual gain of capital, to be obtained through the acquisition of Real Estate Assets ready for subsequent rental and/or disposal.

Bluemacaw Office Fund Il - Fundo DE Investimento Imobiliario Headlines

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