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Crest Nicholson Holdings (Crest Nicholson Holdings) Asset Turnover : 0.25 (As of Oct. 2023)


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What is Crest Nicholson Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Crest Nicholson Holdings's Revenue for the six months ended in Oct. 2023 was $456.52 Mil. Crest Nicholson Holdings's Total Assets for the quarter that ended in Oct. 2023 was $1,842.50 Mil. Therefore, Crest Nicholson Holdings's Asset Turnover for the quarter that ended in Oct. 2023 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Crest Nicholson Holdings's annualized ROE % for the quarter that ended in Oct. 2023 was -0.73%. It is also linked to ROA % through Du Pont Formula. Crest Nicholson Holdings's annualized ROA % for the quarter that ended in Oct. 2023 was -0.42%.


Crest Nicholson Holdings Asset Turnover Historical Data

The historical data trend for Crest Nicholson Holdings'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.

Crest Nicholson Holdings Asset Turnover Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.45 0.53 0.52 0.44

Crest Nicholson Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.30 0.22 0.32 0.20 0.25

Competitive Comparison of Crest Nicholson Holdings's Asset Turnover

For the Residential Construction subindustry, Crest Nicholson Holdings'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.


Crest Nicholson Holdings's Asset Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Crest Nicholson Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Crest Nicholson Holdings's Asset Turnover falls into.



Crest Nicholson Holdings Asset Turnover Calculation

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

Crest Nicholson Holdings's Asset Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=800.853/( (1790.476+1863.946)/ 2 )
=800.853/1827.211
=0.44

Crest Nicholson Holdings's Asset Turnover for the quarter that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Apr. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=456.516/( (1821.046+1863.946)/ 2 )
=456.516/1842.496
=0.25

* 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.


Crest Nicholson Holdings  (GREY:CRNHY) Asset Turnover Explanation

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

Crest Nicholson Holdings's annulized ROE % for the quarter that ended in Oct. 2023 is

ROE %**(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-7.796/1067.326
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.796 / 913.032)*(913.032 / 1842.496)*(1842.496/ 1067.326)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.85 %*0.4955*1.7263
=ROA %*Equity Multiplier
=-0.42 %*1.7263
=-0.73 %

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

Crest Nicholson Holdings's annulized ROA % for the quarter that ended in Oct. 2023 is

ROA %(Q: Oct. 2023 )
=Net Income/Total Assets
=-7.796/1842.496
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.796 / 913.032)*(913.032 / 1842.496)
=Net Margin %*Asset Turnover
=-0.85 %*0.4955
=-0.42 %

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


Crest Nicholson Holdings Asset Turnover Related Terms

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Crest Nicholson Holdings (Crest Nicholson Holdings) Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.