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Barloworld (FRA:BRL1) Asset Turnover : 0.56 (As of Sep. 2024)


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What is Barloworld Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Barloworld's Revenue for the six months ended in Sep. 2024 was €1,164 Mil. Barloworld's Total Assets for the quarter that ended in Sep. 2024 was €2,083 Mil. Therefore, Barloworld's Asset Turnover for the quarter that ended in Sep. 2024 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Barloworld's annualized ROE % for the quarter that ended in Sep. 2024 was 11.70%. It is also linked to ROA % through Du Pont Formula. Barloworld's annualized ROA % for the quarter that ended in Sep. 2024 was 4.67%.


Barloworld Asset Turnover Historical Data

The historical data trend for Barloworld'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.

Barloworld Asset Turnover Chart

Barloworld Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.72 0.73 0.81 0.96

Barloworld Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.40 0.40 0.53 0.42 0.56

Competitive Comparison of Barloworld's Asset Turnover

For the Rental & Leasing Services subindustry, Barloworld'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.


Barloworld's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Barloworld's Asset Turnover distribution charts can be found below:

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



Barloworld Asset Turnover Calculation

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

Barloworld's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=2146.038/( (2377.466+2109.68)/ 2 )
=2146.038/2243.573
=0.96

Barloworld's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1164.067/( (2056.55+2109.68)/ 2 )
=1164.067/2083.115
=0.56

* 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.


Barloworld  (FRA:BRL1) Asset Turnover Explanation

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

Barloworld's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=97.296/831.662
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(97.296 / 2328.134)*(2328.134 / 2083.115)*(2083.115/ 831.662)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.18 %*1.1176*2.5048
=ROA %*Equity Multiplier
=4.67 %*2.5048
=11.70 %

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

Barloworld's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=97.296/2083.115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(97.296 / 2328.134)*(2328.134 / 2083.115)
=Net Margin %*Asset Turnover
=4.18 %*1.1176
=4.67 %

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


Barloworld Asset Turnover Related Terms

Thank you for viewing the detailed overview of Barloworld's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Barloworld Business Description

Traded in Other Exchanges
Address
61 Katherine Street, PO Box 782248, Sandton, Johannesburg, GT, ZAF, 2146
Barloworld Ltd is as an industrial processing, distribution and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions). Industrial Equipment and related services, offers earthmoving equipment, industrial services and power systems, which enable the operation and maintenance of a large array of mining, construction and power solutions. Consumer Industries business provide large enterprises with the ingredients essential to the manufacturing of a range of products including food and beverages, paper, pharmaceuticals, building materials and adhesives, among others.

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