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Warehouse REIT (CHIX:WHRL) Asset Turnover : 0.04 (As of Sep. 2024)


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What is Warehouse REIT Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Warehouse REIT's Revenue for the six months ended in Sep. 2024 was £30.68 Mil. Warehouse REIT's Total Assets for the quarter that ended in Sep. 2024 was £859.09 Mil. Therefore, Warehouse REIT's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Warehouse REIT's annualized ROE % for the quarter that ended in Sep. 2024 was 9.28%. It is also linked to ROA % through Du Pont Formula. Warehouse REIT's annualized ROA % for the quarter that ended in Sep. 2024 was 5.85%.


Warehouse REIT Asset Turnover Historical Data

The historical data trend for Warehouse REIT'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.

Warehouse REIT Asset Turnover Chart

Warehouse REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.07 0.20 0.21 -0.18 0.05

Warehouse REIT Semi-Annual Data
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 -0.04 -0.13 0.03 0.02 0.04

Competitive Comparison of Warehouse REIT's Asset Turnover

For the REIT - Industrial subindustry, Warehouse REIT'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.


Warehouse REIT's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Warehouse REIT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Warehouse REIT's Asset Turnover falls into.


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Warehouse REIT Asset Turnover Calculation

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

Warehouse REIT's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=46.305/( (888.433+859.133)/ 2 )
=46.305/873.783
=0.05

Warehouse REIT'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 )
=30.676/( (859.133+859.049)/ 2 )
=30.676/859.091
=0.04

* 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.


Warehouse REIT  (CHIX:WHRl) Asset Turnover Explanation

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

Warehouse REIT's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=50.214/541.3445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.214 / 61.352)*(61.352 / 859.091)*(859.091/ 541.3445)
=Net Margin %*Asset Turnover*Equity Multiplier
=81.85 %*0.0714*1.587
=ROA %*Equity Multiplier
=5.85 %*1.587
=9.28 %

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:

Warehouse REIT's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=50.214/859.091
=(Net Income / Revenue)*(Revenue / Total Assets)
=(50.214 / 61.352)*(61.352 / 859.091)
=Net Margin %*Asset Turnover
=81.85 %*0.0714
=5.85 %

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.


Warehouse REIT Asset Turnover Related Terms

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Warehouse REIT Business Description

Traded in Other Exchanges
Address
6th Floor, 65 Gresham Street, London, GBR, EC2V 7NQ
Warehouse REIT PLC operates as a closed-ended investment company. It seeks to hold a diversified portfolio of freehold and long leasehold warehouse assets, including warehouses in the industrial or manufacturing, storage and distribution, trade counter and retail warehouse sub-sectors. The company's only operating segment is the investment and provision of UK urban warehouses. It generates revenue from Rental income and other income. The company serves customers in the United Kingdom.

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