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Desarrolladora HomexB de CV (FRA:EZH) Asset Turnover : 0.26 (As of Mar. 2022)


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What is Desarrolladora HomexB de CV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Desarrolladora HomexB de CV's Revenue for the three months ended in Mar. 2022 was €13.01 Mil. Desarrolladora HomexB de CV's Total Assets for the quarter that ended in Mar. 2022 was €49.80 Mil. Therefore, Desarrolladora HomexB de CV's Asset Turnover for the quarter that ended in Mar. 2022 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Desarrolladora HomexB de CV's annualized ROE % for the quarter that ended in Mar. 2022 was 177.88%. It is also linked to ROA % through Du Pont Formula. Desarrolladora HomexB de CV's annualized ROA % for the quarter that ended in Mar. 2022 was 21.40%.


Desarrolladora HomexB de CV Asset Turnover Historical Data

The historical data trend for Desarrolladora HomexB de CV'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.

Desarrolladora HomexB de CV Asset Turnover Chart

Desarrolladora HomexB de CV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.21 0.31 0.26 0.54

Desarrolladora HomexB de CV Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.08 0.09 0.10 0.15 0.26

Competitive Comparison of Desarrolladora HomexB de CV's Asset Turnover

For the Residential Construction subindustry, Desarrolladora HomexB de CV'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.


Desarrolladora HomexB de CV's Asset Turnover Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Desarrolladora HomexB de CV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Desarrolladora HomexB de CV's Asset Turnover falls into.



Desarrolladora HomexB de CV Asset Turnover Calculation

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

Desarrolladora HomexB de CV's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=46.66/( (126.989+46.739)/ 2 )
=46.66/86.864
=0.54

Desarrolladora HomexB de CV's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=13.007/( (46.739+52.857)/ 2 )
=13.007/49.798
=0.26

* 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.


Desarrolladora HomexB de CV  (FRA:EZH) Asset Turnover Explanation

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

Desarrolladora HomexB de CV's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=10.656/5.9905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.656 / 52.028)*(52.028 / 49.798)*(49.798/ 5.9905)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.48 %*1.0448*8.3128
=ROA %*Equity Multiplier
=21.40 %*8.3128
=177.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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:

Desarrolladora HomexB de CV's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=10.656/49.798
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.656 / 52.028)*(52.028 / 49.798)
=Net Margin %*Asset Turnover
=20.48 %*1.0448
=21.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


Desarrolladora HomexB de CV Asset Turnover Related Terms

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Desarrolladora HomexB de CV (FRA:EZH) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Alfonso Zaragoza Maytorena 2204 Norte, Fraccionamiento Bonanza, Culiacan, SIN, MEX, 80200
Desarrolladora Homex SAB de CV is a home development company. It develops constructs and sales entry level, middle-income and tourism housing in Mexico and entry-level housing in Brazil. The firm's business is divided into entry-level, middle income, residential and tourism segments. These segments are differentiated on the basis of cost, size and characteristics. The company derives majority of its revenues from entry-level segment.

Desarrolladora HomexB de CV (FRA:EZH) Headlines

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