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The North West Co (FRA:3NW) Asset Turnover : 0.43 (As of Oct. 2024)


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What is The North West Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The North West Co's Revenue for the three months ended in Oct. 2024 was €425 Mil. The North West Co's Total Assets for the quarter that ended in Oct. 2024 was €989 Mil. Therefore, The North West Co's Asset Turnover for the quarter that ended in Oct. 2024 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. The North West Co's annualized ROE % for the quarter that ended in Oct. 2024 was 19.42%. It is also linked to ROA % through Du Pont Formula. The North West Co's annualized ROA % for the quarter that ended in Oct. 2024 was 9.55%.


The North West Co Asset Turnover Historical Data

The historical data trend for The North West Co'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.

The North West Co Asset Turnover Chart

The North West Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.90 1.94 1.83 1.80

The North West Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.44 0.45 0.44 0.44 0.43

Competitive Comparison of The North West Co's Asset Turnover

For the Grocery Stores subindustry, The North West Co'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.


The North West Co's Asset Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The North West Co's Asset Turnover falls into.



The North West Co Asset Turnover Calculation

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

The North West Co's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=1690.382/( (924.329+954.732)/ 2 )
=1690.382/939.5305
=1.80

The North West Co's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=425.37/( (982.957+995.002)/ 2 )
=425.37/988.9795
=0.43

* 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.


The North West Co  (FRA:3NW) Asset Turnover Explanation

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

The North West Co's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=94.424/486.2635
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(94.424 / 1701.48)*(1701.48 / 988.9795)*(988.9795/ 486.2635)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.55 %*1.7204*2.0338
=ROA %*Equity Multiplier
=9.55 %*2.0338
=19.42 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 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:

The North West Co's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=94.424/988.9795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(94.424 / 1701.48)*(1701.48 / 988.9795)
=Net Margin %*Asset Turnover
=5.55 %*1.7204
=9.55 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 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.


The North West Co Asset Turnover Related Terms

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The North West Co Business Description

Traded in Other Exchanges
Address
77 Main Street, Winnipeg, MB, CAN, R3C 2R1
The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. It generates maximum revenue from Canada.

The North West Co Headlines

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