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Insumos AGroquimicos (BUE:INAG5) Asset Turnover : 0.30 (As of Dec. 2023)


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What is Insumos AGroquimicos Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Insumos AGroquimicos's Revenue for the three months ended in Dec. 2023 was ARS9,734.07 Mil. Insumos AGroquimicos's Total Assets for the quarter that ended in Dec. 2023 was ARS32,122.62 Mil. Therefore, Insumos AGroquimicos's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. Insumos AGroquimicos's annualized ROE % for the quarter that ended in Dec. 2023 was -45.56%. It is also linked to ROA % through Du Pont Formula. Insumos AGroquimicos's annualized ROA % for the quarter that ended in Dec. 2023 was -5.56%.


Insumos AGroquimicos Asset Turnover Historical Data

The historical data trend for Insumos AGroquimicos'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.

Insumos AGroquimicos Asset Turnover Chart

Insumos AGroquimicos Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial 0.59 1.07 1.18 1.78 1.36

Insumos AGroquimicos Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.31 0.36 0.32 0.30 0.30

Competitive Comparison of Insumos AGroquimicos's Asset Turnover

For the Agricultural Inputs subindustry, Insumos AGroquimicos'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.


Insumos AGroquimicos's Asset Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Insumos AGroquimicos's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Insumos AGroquimicos's Asset Turnover falls into.



Insumos AGroquimicos Asset Turnover Calculation

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

Insumos AGroquimicos's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=4899.338/( (3181.659+4027.474)/ 2 )
=4899.338/3604.5665
=1.36

Insumos AGroquimicos'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 )
=9734.07/( (18896.393+45348.842)/ 2 )
=9734.07/32122.6175
=0.30

* 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.


Insumos AGroquimicos  (BUE:INAG5) Asset Turnover Explanation

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

Insumos AGroquimicos's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1787.392/3923.4815
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1787.392 / 38936.28)*(38936.28 / 32122.6175)*(32122.6175/ 3923.4815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.59 %*1.2121*8.1873
=ROA %*Equity Multiplier
=-5.56 %*8.1873
=-45.56 %

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:

Insumos AGroquimicos's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1787.392/32122.6175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1787.392 / 38936.28)*(38936.28 / 32122.6175)
=Net Margin %*Asset Turnover
=-4.59 %*1.2121
=-5.56 %

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.


Insumos AGroquimicos Asset Turnover Related Terms

Thank you for viewing the detailed overview of Insumos AGroquimicos's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Insumos AGroquimicos (BUE:INAG5) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Santa Fe 1731, 3rd floor, Buenos Aires, ARG, C1060ABD
Insumos AGroquimicos SA operates in the agricultural inputs sector. The company sells, distributes and markets insecticides, herbicides, fungicides, seed treatments and seed inoculants.

Insumos AGroquimicos (BUE:INAG5) Headlines

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