Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) Asset Turnover: 0.12 (As of Dec. 2023)


BSP:OUFF11 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11
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What is Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover?

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11 4 Asset Turnover is 0.12 as of Dec. 2023. GuruFocus rates BSP:OUFF11 with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Revenue for the six months ended in Dec. 2023 was R$16.11 Mil. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Total Assets for the quarter that ended in Dec. 2023 was R$137.96 Mil. Therefore, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's annualized ROE % for the quarter that ended in Dec. 2023 was 19.31%. It is also linked to ROA % through Du Pont Formula. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's annualized ROA % for the quarter that ended in Dec. 2023 was 19.12%.


Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb  (BSP:OUFF11) Asset Turnover Explanation

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

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=26.376/136.5725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.376 / 32.226)*(32.226 / 137.9645)*(137.9645/ 136.5725)
=Net Margin %*Asset Turnover*Equity Multiplier
=81.85 %*0.2336*1.0102
=ROA %*Equity Multiplier
=19.12 %*1.0102
=19.31 %

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:

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=26.376/137.9645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.376 / 32.226)*(32.226 / 137.9645)
=Net Margin %*Asset Turnover
=81.85 %*0.2336
=19.12 %

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.


Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover Related Terms


Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover Historical Data

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The historical data trend for Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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.

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover Chart

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.00 0.08 0.10 0.11 0.12

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover 0.00 0.08 0.10 0.11 0.12

BSP:OUFF11 vs VICI, WPC: Asset Turnover Comparison

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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 DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover falls into.


BSP:OUFF11
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Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Asset Turnover Calculation

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

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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 )
=16.113/( (139.112+136.817)/ 2 )
=16.113/137.9645
=0.12

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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 )
=16.113/( (139.112+136.817)/ 2 )
=16.113/137.9645
=0.12

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.12 mean?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) has a Asset Turnover of 0.12 as of Dec. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb and its competitors.
Is Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover too high?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's current Asset Turnover is 0.12. Overall, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover compare to VICI and WPC?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Asset Turnover of 0.12 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a REITs company?
A good Asset Turnover depends on the REITs industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb and its competitors. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb stock overvalued right now?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) has a current Asset Turnover of 0.12. The current Asset Turnover is 0.12. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11), the current Asset Turnover is 0.12 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Business Description

Industry Real EstateREITs
Address Av. Paulista, No. 1,728, SLJ, st, 2nd, 3rd, 4th, 5th, 7th, floors 11th, Bela Vista, Sao Paulo, SP, BRA, 01310919
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb operates as a real estate investment fund.
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