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Ypsomed Holding AG (CHIX:YPSNZ) Asset Turnover : 0.29 (As of Mar. 2024)


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What is Ypsomed Holding AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ypsomed Holding AG's Revenue for the six months ended in Mar. 2024 was CHF293.1 Mil. Ypsomed Holding AG's Total Assets for the quarter that ended in Mar. 2024 was CHF1,019.0 Mil. Therefore, Ypsomed Holding AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Ypsomed Holding AG's annualized ROE % for the quarter that ended in Mar. 2024 was 14.03%. It is also linked to ROA % through Du Pont Formula. Ypsomed Holding AG's annualized ROA % for the quarter that ended in Mar. 2024 was 8.20%.


Ypsomed Holding AG Asset Turnover Historical Data

The historical data trend for Ypsomed Holding AG'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.

Ypsomed Holding AG Asset Turnover Chart

Ypsomed Holding AG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.58 0.63 0.62 0.56

Ypsomed Holding AG Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.33 0.32 0.31 0.28 0.29

Competitive Comparison of Ypsomed Holding AG's Asset Turnover

For the Medical Instruments & Supplies subindustry, Ypsomed Holding AG'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.


Ypsomed Holding AG's Asset Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ypsomed Holding AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ypsomed Holding AG's Asset Turnover falls into.



Ypsomed Holding AG Asset Turnover Calculation

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

Ypsomed Holding AG'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 )
=548.457/( (861.879+1101.395)/ 2 )
=548.457/981.637
=0.56

Ypsomed Holding AG's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=293.067/( (936.683+1101.395)/ 2 )
=293.067/1019.039
=0.29

* 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.


Ypsomed Holding AG  (CHIX:YPSNz) Asset Turnover Explanation

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

Ypsomed Holding AG's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=83.574/595.7125
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(83.574 / 586.134)*(586.134 / 1019.039)*(1019.039/ 595.7125)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.26 %*0.5752*1.7106
=ROA %*Equity Multiplier
=8.20 %*1.7106
=14.03 %

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

Ypsomed Holding AG's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=83.574/1019.039
=(Net Income / Revenue)*(Revenue / Total Assets)
=(83.574 / 586.134)*(586.134 / 1019.039)
=Net Margin %*Asset Turnover
=14.26 %*0.5752
=8.20 %

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


Ypsomed Holding AG Asset Turnover Related Terms

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Ypsomed Holding AG Business Description

Traded in Other Exchanges
Address
Brunnmattstrasse 6, Burgdorf, CHE, 3401
Ypsomed Holding AG is a Swiss company that develops and manufactures injection and infusion systems that allow patients to self-administer medication. Specifically, the company focuses on ensuring the ease of diabetes and insulin injection. The company offers various products such as pen needles with a unique click-on function. The company operates under two reportable segments: diabetes care and delivery systems goods and services. Diabetes care and delivery systems goods and services.

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