GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo Invest Imobiliario Max Retail (BSP:MAXR11B) » Definitions » Asset Turnover

Fundo Invest Imobiliario Max Retail (BSP:MAXR11B) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2010. Start your Free Trial

What is Fundo Invest Imobiliario Max Retail Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fundo Invest Imobiliario Max Retail's Revenue for the three months ended in . 20 was R$ Mil. Fundo Invest Imobiliario Max Retail's Total Assets for the quarter that ended in . 20 was R$ Mil. Therefore, Fundo Invest Imobiliario Max Retail's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Fundo Invest Imobiliario Max Retail's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Fundo Invest Imobiliario Max Retail's annualized ROA % for the quarter that ended in . 20 was %.


Fundo Invest Imobiliario Max Retail Asset Turnover Historical Data

The historical data trend for Fundo Invest Imobiliario Max Retail'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.

Fundo Invest Imobiliario Max Retail Asset Turnover Chart

Fundo Invest Imobiliario Max Retail Annual Data
Trend
Asset Turnover

Fundo Invest Imobiliario Max Retail Quarterly Data
Asset Turnover

Competitive Comparison of Fundo Invest Imobiliario Max Retail's Asset Turnover

For the REIT - Retail subindustry, Fundo Invest Imobiliario Max Retail'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.


Fundo Invest Imobiliario Max Retail's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario Max Retail's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario Max Retail's Asset Turnover falls into.



Fundo Invest Imobiliario Max Retail Asset Turnover Calculation

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

Fundo Invest Imobiliario Max Retail'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 )
=/( (+)/ )
=/
=

Fundo Invest Imobiliario Max Retail'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.


Fundo Invest Imobiliario Max Retail  (BSP:MAXR11B) Asset Turnover Explanation

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

Fundo Invest Imobiliario Max Retail'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 four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 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:

Fundo Invest Imobiliario Max Retail's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 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.


Fundo Invest Imobiliario Max Retail Asset Turnover Related Terms

Thank you for viewing the detailed overview of Fundo Invest Imobiliario Max Retail's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo Invest Imobiliario Max Retail (BSP:MAXR11B) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, 6th Floor, Torre Corcovado - Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Fundo Invest Imobiliario Max Retail is a real estate investment fund. It is engaged in investing in real estate, through the acquisition of commercial properties for the operation of retail units.

Fundo Invest Imobiliario Max Retail (BSP:MAXR11B) Headlines

No Headlines