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International Distribution Services (FRA:RYE) Asset Turnover : 0.74 (As of Sep. 2024)


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What is International Distribution Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. International Distribution Services's Revenue for the six months ended in Sep. 2024 was €7,560 Mil. International Distribution Services's Total Assets for the quarter that ended in Sep. 2024 was €10,192 Mil. Therefore, International Distribution Services's Asset Turnover for the quarter that ended in Sep. 2024 was 0.74.

Asset Turnover is linked to ROE % through Du Pont Formula. International Distribution Services's annualized ROE % for the quarter that ended in Sep. 2024 was -1.44%. It is also linked to ROA % through Du Pont Formula. International Distribution Services's annualized ROA % for the quarter that ended in Sep. 2024 was -0.58%.


International Distribution Services Asset Turnover Historical Data

The historical data trend for International Distribution Services'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.

International Distribution Services Asset Turnover Chart

International Distribution Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.23 1.24 1.20 1.45

International Distribution Services 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 0.56 0.68 0.67 0.77 0.74

Competitive Comparison of International Distribution Services's Asset Turnover

For the Integrated Freight & Logistics subindustry, International Distribution Services'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.


International Distribution Services's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Distribution Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where International Distribution Services's Asset Turnover falls into.


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International Distribution Services Asset Turnover Calculation

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

International Distribution Services's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=14821.703/( (9992.893+10510.445)/ 2 )
=14821.703/10251.669
=1.45

International Distribution Services'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 )
=7559.581/( (10510.445+9872.862)/ 2 )
=7559.581/10191.6535
=0.74

* 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.


International Distribution Services  (FRA:RYE) Asset Turnover Explanation

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

International Distribution Services's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-59.59/4124.3235
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-59.59 / 15119.162)*(15119.162 / 10191.6535)*(10191.6535/ 4124.3235)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.39 %*1.4835*2.4711
=ROA %*Equity Multiplier
=-0.58 %*2.4711
=-1.44 %

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:

International Distribution Services's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-59.59/10191.6535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-59.59 / 15119.162)*(15119.162 / 10191.6535)
=Net Margin %*Asset Turnover
=-0.39 %*1.4835
=-0.58 %

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.


International Distribution Services Asset Turnover Related Terms

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International Distribution Services Business Description

Traded in Other Exchanges
Address
185 Farringdon Road, London, GBR, EC1A 1AA
International Distribution Services PLC is a postal and delivery service company domiciled in the United Kingdom. It delivers parcels and letters, produces stamps, and provides marketing services under the Royal Mail and Parcelforce brands. It organizes itself into two segments, based on geography: Royal Mail U.K. operations and GLS non-U.K. operations. Royal Mail derives the majority of revenue from U.K. operations, the company's domestic business. Non-U.K. operations principally include operations across Europe and the United States.

International Distribution Services Headlines