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Superdry (FRA:49S) Asset Turnover : 0.54 (As of Oct. 2023)


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What is Superdry Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Superdry's Revenue for the six months ended in Oct. 2023 was €253.5 Mil. Superdry's Total Assets for the quarter that ended in Oct. 2023 was €466.0 Mil. Therefore, Superdry's Asset Turnover for the quarter that ended in Oct. 2023 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Superdry's annualized ROE % for the quarter that ended in Oct. 2023 was -11.96%. It is also linked to ROA % through Du Pont Formula. Superdry's annualized ROA % for the quarter that ended in Oct. 2023 was 1.39%.


Superdry Asset Turnover Historical Data

The historical data trend for Superdry'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.

Superdry Asset Turnover Chart

Superdry Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.04 0.84 1.24 1.42

Superdry 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 0.53 0.65 0.55 0.74 0.54

Competitive Comparison of Superdry's Asset Turnover

For the Apparel Manufacturing subindustry, Superdry'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.


Superdry's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Superdry's Asset Turnover distribution charts can be found below:

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



Superdry Asset Turnover Calculation

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

Superdry's Asset Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=706.999/( (584.59+410.684)/ 2 )
=706.999/497.637
=1.42

Superdry'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 )
=253.533/( (410.684+521.254)/ 2 )
=253.533/465.969
=0.54

* 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.


Superdry  (FRA:49S) Asset Turnover Explanation

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

Superdry's annulized ROE % for the quarter that ended in Oct. 2023 is

ROE %**(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=6.46/-54.031
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.46 / 507.066)*(507.066 / 465.969)*(465.969/ -54.031)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.27 %*1.0882*-8.6241
=ROA %*Equity Multiplier
=1.39 %*-8.6241
=-11.96 %

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:

Superdry's annulized ROA % for the quarter that ended in Oct. 2023 is

ROA %(Q: Oct. 2023 )
=Net Income/Total Assets
=6.46/465.969
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.46 / 507.066)*(507.066 / 465.969)
=Net Margin %*Asset Turnover
=1.27 %*1.0882
=1.39 %

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.


Superdry Asset Turnover Related Terms

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Superdry (FRA:49S) Business Description

Traded in Other Exchanges
Address
Unit 60, The Runnings, Cheltenham, Gloucestershire, GBR, GL51 9NW
Superdry PLC engaged in designing clothing and accessories and selling through multiple routes to market including Retail, Wholesale and online. The company's business segments include Retail and Wholesale. The Retail segment comprises the operation of UK and Republic of Ireland stores, concessions and internet sites and Wholesale segment comprises the design and ownership of brands, and wholesale distribution of own brand products worldwide and the operation of European stores. Its Wholesale segment generates most of the revenue for the company.

Superdry (FRA:49S) Headlines

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