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Arabia Investments Holding (CAI:AIH) Asset Turnover : 0.08 (As of Mar. 2020)


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What is Arabia Investments Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arabia Investments Holding's Revenue for the three months ended in Mar. 2020 was E£213 Mil. Arabia Investments Holding's Total Assets for the quarter that ended in Mar. 2020 was E£2,776 Mil. Therefore, Arabia Investments Holding's Asset Turnover for the quarter that ended in Mar. 2020 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Arabia Investments Holding's annualized ROE % for the quarter that ended in Mar. 2020 was 9.74%. It is also linked to ROA % through Du Pont Formula. Arabia Investments Holding's annualized ROA % for the quarter that ended in Mar. 2020 was 1.76%.


Arabia Investments Holding Asset Turnover Historical Data

The historical data trend for Arabia Investments Holding'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.

Arabia Investments Holding Asset Turnover Chart

Arabia Investments Holding Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial 0.04 0.23 0.25 0.85 0.53

Arabia Investments Holding Quarterly Data
Dec10 Dec11 Dec12 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15 Mar16 Jun16 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.16 0.18 0.11 0.11 0.08

Competitive Comparison of Arabia Investments Holding's Asset Turnover

For the Asset Management subindustry, Arabia Investments Holding'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.


Arabia Investments Holding's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Arabia Investments Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Arabia Investments Holding's Asset Turnover falls into.



Arabia Investments Holding Asset Turnover Calculation

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

Arabia Investments Holding's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=1225.942/( (1973.774+2626.403)/ 2 )
=1225.942/2300.0885
=0.53

Arabia Investments Holding's Asset Turnover for the quarter that ended in Mar. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=212.952/( (2626.403+2926.28)/ 2 )
=212.952/2776.3415
=0.08

* 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.


Arabia Investments Holding  (CAI:AIH) Asset Turnover Explanation

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

Arabia Investments Holding's annulized ROE % for the quarter that ended in Mar. 2020 is

ROE %**(Q: Mar. 2020 )
=Net Income/Total Stockholders Equity
=48.944/502.4565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(48.944 / 851.808)*(851.808 / 2776.3415)*(2776.3415/ 502.4565)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.75 %*0.3068*5.5255
=ROA %*Equity Multiplier
=1.76 %*5.5255
=9.74 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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:

Arabia Investments Holding's annulized ROA % for the quarter that ended in Mar. 2020 is

ROA %(Q: Mar. 2020 )
=Net Income/Total Assets
=48.944/2776.3415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(48.944 / 851.808)*(851.808 / 2776.3415)
=Net Margin %*Asset Turnover
=5.75 %*0.3068
=1.76 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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.


Arabia Investments Holding Asset Turnover Related Terms

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Arabia Investments Holding (CAI:AIH) Business Description

Traded in Other Exchanges
N/A
Address
4 Tawfik Diab St.Garden City, Cairo, EGY, 11519
Arabia Investments Development Financial Investments Holding Co is an Egypt based investment company. It focuses investment on infrastructure, building materials, real estate and industrial sectors.

Arabia Investments Holding (CAI:AIH) Headlines

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