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Dycasa Sociedad Anonima (BUE:DYCA) Asset Turnover : 0.61 (As of Dec. 2023)


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What is Dycasa Sociedad Anonima Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dycasa Sociedad Anonima's Revenue for the three months ended in Dec. 2023 was ARS9,732 Mil. Dycasa Sociedad Anonima's Total Assets for the quarter that ended in Dec. 2023 was ARS15,875 Mil. Therefore, Dycasa Sociedad Anonima's Asset Turnover for the quarter that ended in Dec. 2023 was 0.61.

Asset Turnover is linked to ROE % through Du Pont Formula. Dycasa Sociedad Anonima's annualized ROE % for the quarter that ended in Dec. 2023 was -971.66%. It is also linked to ROA % through Du Pont Formula. Dycasa Sociedad Anonima's annualized ROA % for the quarter that ended in Dec. 2023 was -95.72%.


Dycasa Sociedad Anonima Asset Turnover Historical Data

The historical data trend for Dycasa Sociedad Anonima'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.

Dycasa Sociedad Anonima Asset Turnover Chart

Dycasa Sociedad Anonima Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 0.84 1.62 2.06 0.96

Dycasa Sociedad Anonima Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.10 0.14 0.27 0.29 0.61

Competitive Comparison of Dycasa Sociedad Anonima's Asset Turnover

For the Engineering & Construction subindustry, Dycasa Sociedad Anonima'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.


Dycasa Sociedad Anonima's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dycasa Sociedad Anonima's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dycasa Sociedad Anonima's Asset Turnover falls into.



Dycasa Sociedad Anonima Asset Turnover Calculation

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

Dycasa Sociedad Anonima'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 )
=21507.041/( (26588.039+18264.126)/ 2 )
=21507.041/22426.0825
=0.96

Dycasa Sociedad Anonima'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=9731.823/( (13484.907+18264.126)/ 2 )
=9731.823/15874.5165
=0.61

* 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.


Dycasa Sociedad Anonima  (BUE:DYCA) Asset Turnover Explanation

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

Dycasa Sociedad Anonima's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-15195.504/1563.872
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15195.504 / 38927.292)*(38927.292 / 15874.5165)*(15874.5165/ 1563.872)
=Net Margin %*Asset Turnover*Equity Multiplier
=-39.04 %*2.4522*10.1508
=ROA %*Equity Multiplier
=-95.72 %*10.1508
=-971.66 %

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:

Dycasa Sociedad Anonima's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-15195.504/15874.5165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15195.504 / 38927.292)*(38927.292 / 15874.5165)
=Net Margin %*Asset Turnover
=-39.04 %*2.4522
=-95.72 %

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.


Dycasa Sociedad Anonima Asset Turnover Related Terms

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Dycasa Sociedad Anonima (BUE:DYCA) Business Description

Traded in Other Exchanges
N/A
Address
Av. Leandro N. Alem 986, 4th Floor, Buenos Aires, ARG, C1001AAR
Dycasa Sociedad Anonima is a construction and services company. Dycasa together with its subsidiaries, engages in construction and engineering projects.

Dycasa Sociedad Anonima (BUE:DYCA) Headlines

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