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Burberry Group (Burberry Group) Asset Turnover

: 0.39 (As of Sep. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Burberry Group's Revenue for the six months ended in Sep. 2023 was $1,728 Mil. Burberry Group's Total Assets for the quarter that ended in Sep. 2023 was $4,407 Mil. Therefore, Burberry Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Burberry Group's annualized ROE % for the quarter that ended in Sep. 2023 was 24.18%. It is also linked to ROA % through Du Pont Formula. Burberry Group's annualized ROA % for the quarter that ended in Sep. 2023 was 8.87%.


Burberry Group Asset Turnover Historical Data

The historical data trend for Burberry Group'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.

Burberry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 0.91 0.73 0.77 0.80

Burberry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.34 0.43 0.34 0.49 0.39

Competitive Comparison

For the Luxury Goods subindustry, Burberry Group'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.


Burberry Group Asset Turnover Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Burberry Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Burberry Group's Asset Turnover falls into.



Burberry Group Asset Turnover Calculation

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

Burberry Group's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=3754.854/( (4870.883+4473.301)/ 2 )
=3754.854/4672.092
=0.80

Burberry Group's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1727.723/( (4473.301+4341.584)/ 2 )
=1727.723/4407.4425
=0.39

* 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.


Burberry Group  (OTCPK:BURBY) Asset Turnover Explanation

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

Burberry Group's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=391.09/1617.0995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(391.09 / 3455.446)*(3455.446 / 4407.4425)*(4407.4425/ 1617.0995)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.32 %*0.784*2.7255
=ROA %*Equity Multiplier
=8.87 %*2.7255
=24.18 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

Burberry Group's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=391.09/4407.4425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(391.09 / 3455.446)*(3455.446 / 4407.4425)
=Net Margin %*Asset Turnover
=11.32 %*0.784
=8.87 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Burberry Group Asset Turnover Related Terms

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Burberry Group (Burberry Group) Business Description

Traded in Other Exchanges
Address
Horseferry Road, Horseferry House, London, GBR, SW1P 2AW
Burberry, a British luxury monobrand, which is more than 160 years old, is best known for its outerwear and signature plaid. It has a global presence with 32% of revenue generated in Europe, 42% in Asia, and 25% in North America. Apparel contributes about 62% of sales.

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