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Vente Unique.Com (FRA:8M8) Asset Turnover : 0.98 (As of Mar. 2024)


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What is Vente Unique.Com Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vente Unique.Com's Revenue for the six months ended in Mar. 2024 was €90.3 Mil. Vente Unique.Com's Total Assets for the quarter that ended in Mar. 2024 was €92.6 Mil. Therefore, Vente Unique.Com's Asset Turnover for the quarter that ended in Mar. 2024 was 0.98.

Asset Turnover is linked to ROE % through Du Pont Formula. Vente Unique.Com's annualized ROE % for the quarter that ended in Mar. 2024 was 25.16%. It is also linked to ROA % through Du Pont Formula. Vente Unique.Com's annualized ROA % for the quarter that ended in Mar. 2024 was 10.29%.


Vente Unique.Com Asset Turnover Historical Data

The historical data trend for Vente Unique.Com'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.

Vente Unique.Com Asset Turnover Chart

Vente Unique.Com Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.61 2.94 2.34 2.12

Vente Unique.Com Semi-Annual Data
Sep14 Sep15 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 1.22 1.15 1.09 0.93 0.98

Competitive Comparison of Vente Unique.Com's Asset Turnover

For the Internet Retail subindustry, Vente Unique.Com'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.


Vente Unique.Com's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vente Unique.Com's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vente Unique.Com's Asset Turnover falls into.



Vente Unique.Com Asset Turnover Calculation

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

Vente Unique.Com's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=162.264/( (63.094+89.876)/ 2 )
=162.264/76.485
=2.12

Vente Unique.Com'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 )
=90.261/( (89.876+95.303)/ 2 )
=90.261/92.5895
=0.97

* 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.


Vente Unique.Com  (FRA:8M8) Asset Turnover Explanation

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

Vente Unique.Com's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=9.532/37.89
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.532 / 180.522)*(180.522 / 92.5895)*(92.5895/ 37.89)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.28 %*1.9497*2.4436
=ROA %*Equity Multiplier
=10.29 %*2.4436
=25.16 %

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:

Vente Unique.Com's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=9.532/92.5895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.532 / 180.522)*(180.522 / 92.5895)
=Net Margin %*Asset Turnover
=5.28 %*1.9497
=10.29 %

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.


Vente Unique.Com Asset Turnover Related Terms

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Vente Unique.Com Business Description

Traded in Other Exchanges
Address
9/11 rue Jacquard, The Pre-Saint-Gervais, FRA
Vente Unique.Com is engaged in the online sale of furniture, decorative items and other home equipment. The products offered by the group includes furnishing products such as sofas, chairs, tables, bookcases, sideboards, beds, wardrobes, dressers and others. In addition it also offers furniture for bathrooms and kitchens, household appliance products, lighting, carpets, decorative items, textiles products and others. Geographically, the business presence of the firm are seen mostly in France and Europe regions.

Vente Unique.Com Headlines

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