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Schroder AsiaPacific Fund (CHIX:SDPL) Asset Turnover : 0.10 (As of Sep. 2024)


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What is Schroder AsiaPacific Fund Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Schroder AsiaPacific Fund's Revenue for the six months ended in Sep. 2024 was £89.2 Mil. Schroder AsiaPacific Fund's Total Assets for the quarter that ended in Sep. 2024 was £931.7 Mil. Therefore, Schroder AsiaPacific Fund's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Schroder AsiaPacific Fund's annualized ROE % for the quarter that ended in Sep. 2024 was 18.63%. It is also linked to ROA % through Du Pont Formula. Schroder AsiaPacific Fund's annualized ROA % for the quarter that ended in Sep. 2024 was 17.79%.


Schroder AsiaPacific Fund Asset Turnover Historical Data

The historical data trend for Schroder AsiaPacific Fund'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.

Schroder AsiaPacific Fund Asset Turnover Chart

Schroder AsiaPacific Fund Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.14 -0.14 0.03 0.15

Schroder AsiaPacific Fund Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -0.10 0.08 -0.05 0.05 0.10

Competitive Comparison of Schroder AsiaPacific Fund's Asset Turnover

For the Asset Management subindustry, Schroder AsiaPacific Fund'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.


Schroder AsiaPacific Fund's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder AsiaPacific Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Schroder AsiaPacific Fund's Asset Turnover falls into.


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Schroder AsiaPacific Fund Asset Turnover Calculation

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

Schroder AsiaPacific Fund's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=136.903/( (884.131+963.41)/ 2 )
=136.903/923.7705
=0.15

Schroder AsiaPacific Fund's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=89.193/( (900.064+963.41)/ 2 )
=89.193/931.737
=0.10

* 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.


Schroder AsiaPacific Fund  (CHIX:SDPl) Asset Turnover Explanation

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

Schroder AsiaPacific Fund's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=165.764/889.809
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(165.764 / 178.386)*(178.386 / 931.737)*(931.737/ 889.809)
=Net Margin %*Asset Turnover*Equity Multiplier
=92.92 %*0.1915*1.0471
=ROA %*Equity Multiplier
=17.79 %*1.0471
=18.63 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 2024) 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:

Schroder AsiaPacific Fund's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=165.764/931.737
=(Net Income / Revenue)*(Revenue / Total Assets)
=(165.764 / 178.386)*(178.386 / 931.737)
=Net Margin %*Asset Turnover
=92.92 %*0.1915
=17.79 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 2024) 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.


Schroder AsiaPacific Fund Asset Turnover Related Terms

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Schroder AsiaPacific Fund Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder AsiaPacific Fund PLC is an asset management company based in the United Kingdom. The company's main investment objective is to achieve capital growth through investment in equities of companies located in the continent of Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean. It aims to achieve growth over the MSCI All Countries Asia excluding Japan Index in sterling terms (Benchmark Index) over the longer term. The company principally invests in a diversified portfolio of companies located in the continent of Asia, of which the countries include Hong Kong, China, Singapore, Taiwan, Malaysia, South Korea, Thailand, India, The Philippines, Indonesia, Pakistan, Vietnam and Sri Lanka.

Schroder AsiaPacific Fund Headlines

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