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Importadora Y Exportadora De La Patagonia (BUE:PATA) Asset Turnover : 0.82 (As of Dec. 2023)


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What is Importadora Y Exportadora De La Patagonia Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Importadora Y Exportadora De La Patagonia's Revenue for the three months ended in Dec. 2023 was ARS284,768 Mil. Importadora Y Exportadora De La Patagonia's Total Assets for the quarter that ended in Dec. 2023 was ARS348,058 Mil. Therefore, Importadora Y Exportadora De La Patagonia's Asset Turnover for the quarter that ended in Dec. 2023 was 0.82.

Asset Turnover is linked to ROE % through Du Pont Formula. Importadora Y Exportadora De La Patagonia's annualized ROE % for the quarter that ended in Dec. 2023 was 40.25%. It is also linked to ROA % through Du Pont Formula. Importadora Y Exportadora De La Patagonia's annualized ROA % for the quarter that ended in Dec. 2023 was 20.54%.


Importadora Y Exportadora De La Patagonia Asset Turnover Historical Data

The historical data trend for Importadora Y Exportadora De La Patagonia'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.

Importadora Y Exportadora De La Patagonia Asset Turnover Chart

Importadora Y Exportadora De La Patagonia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.22 3.20 3.63 2.65

Importadora Y Exportadora De La Patagonia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 1.09 2.28 - 0.76 0.82

Competitive Comparison of Importadora Y Exportadora De La Patagonia's Asset Turnover

For the Department Stores subindustry, Importadora Y Exportadora De La Patagonia'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.


Importadora Y Exportadora De La Patagonia's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Importadora Y Exportadora De La Patagonia's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Importadora Y Exportadora De La Patagonia's Asset Turnover falls into.



Importadora Y Exportadora De La Patagonia Asset Turnover Calculation

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

Importadora Y Exportadora De La Patagonia's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=503680.237/( (193568.008+186270.753)/ 2 )
=503680.237/189919.3805
=2.65

Importadora Y Exportadora De La Patagonia'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 )
=284767.544/( (264380.81+431736.102)/ 2 )
=284767.544/348058.456
=0.82

* 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.


Importadora Y Exportadora De La Patagonia  (BUE:PATA) Asset Turnover Explanation

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

Importadora Y Exportadora De La Patagonia's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=71484.228/177619.876
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(71484.228 / 1139070.176)*(1139070.176 / 348058.456)*(348058.456/ 177619.876)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.28 %*3.2726*1.9596
=ROA %*Equity Multiplier
=20.54 %*1.9596
=40.25 %

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:

Importadora Y Exportadora De La Patagonia's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=71484.228/348058.456
=(Net Income / Revenue)*(Revenue / Total Assets)
=(71484.228 / 1139070.176)*(1139070.176 / 348058.456)
=Net Margin %*Asset Turnover
=6.28 %*3.2726
=20.54 %

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.


Importadora Y Exportadora De La Patagonia Asset Turnover Related Terms

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Importadora Y Exportadora De La Patagonia (BUE:PATA) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Leandro, N. Alem 1134, 8th floor, Buenos Aires, ARG
Importadora Y Exportadora De La Patagonia SA operates a chain of supermarkets. It produces and distributes meat, various cold cuts, frozen and canned foods, bakery, dairy, toiletries, groceries and cleaning products, among others. The company has business activities such as in buying and selling , import, collection, fractionation, distribution and export of all kinds of fruits and foods, fresh and packaged, perishable or non-perishable, and in general of any merchandise or product marketable in general stores, both in their own physical establishments or in third parties, such as hypermarkets or supermarkets.

Importadora Y Exportadora De La Patagonia (BUE:PATA) Headlines

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