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Fundo DE Investimento Imobiliario - V2 Properties (BSP:VVPR11) Asset Turnover : 0.04 (As of Jun. 2022)


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What is Fundo DE Investimento Imobiliario - V2 Properties 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 DE Investimento Imobiliario - V2 Properties's Revenue for the six months ended in Jun. 2022 was R$9.35 Mil. Fundo DE Investimento Imobiliario - V2 Properties's Total Assets for the quarter that ended in Jun. 2022 was R$236.36 Mil. Therefore, Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover for the quarter that ended in Jun. 2022 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Fundo DE Investimento Imobiliario - V2 Properties's annualized ROE % for the quarter that ended in Jun. 2022 was 7.72%. It is also linked to ROA % through Du Pont Formula. Fundo DE Investimento Imobiliario - V2 Properties's annualized ROA % for the quarter that ended in Jun. 2022 was 7.58%.


Fundo DE Investimento Imobiliario - V2 Properties Asset Turnover Historical Data

The historical data trend for Fundo DE Investimento Imobiliario - V2 Properties'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 DE Investimento Imobiliario - V2 Properties Asset Turnover Chart

Fundo DE Investimento Imobiliario - V2 Properties Annual Data
Trend Jun20 Jun21 Jun22
Asset Turnover
- 0.11 0.04

Fundo DE Investimento Imobiliario - V2 Properties Semi-Annual Data
Jun20 Jun21 Jun22
Asset Turnover - 0.11 0.04

Competitive Comparison of Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover

For the REIT - Residential subindustry, Fundo DE Investimento Imobiliario - V2 Properties'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 - V2 Properties's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover falls into.



Fundo DE Investimento Imobiliario - V2 Properties Asset Turnover Calculation

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

Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2022 )/( (Total Assets (A: Jun. 2021 )+Total Assets (A: Jun. 2022 ))/ count )
=9.349/( (242.1+230.627)/ 2 )
=9.349/236.3635
=0.04

Fundo DE Investimento Imobiliario - V2 Properties's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=9.349/( (242.1+230.627)/ 2 )
=9.349/236.3635
=0.04

* 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 DE Investimento Imobiliario - V2 Properties  (BSP:VVPR11) Asset Turnover Explanation

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

Fundo DE Investimento Imobiliario - V2 Properties's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=17.924/232.218
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.924 / 18.698)*(18.698 / 236.3635)*(236.3635/ 232.218)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.86 %*0.0791*1.0179
=ROA %*Equity Multiplier
=7.58 %*1.0179
=7.72 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) 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 - V2 Properties's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=17.924/236.3635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(17.924 / 18.698)*(18.698 / 236.3635)
=Net Margin %*Asset Turnover
=95.86 %*0.0791
=7.58 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) 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 - V2 Properties Asset Turnover Related Terms

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Fundo DE Investimento Imobiliario - V2 Properties (BSP:VVPR11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22.250-040
Fundo DE Investimento Imobiliario - V2 Properties is a real estate investment trust. It invests in commercial real estate projects, through the purchase, sale and lease of any real rights over real estate.

Fundo DE Investimento Imobiliario - V2 Properties (BSP:VVPR11) Headlines

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