GLLOF (Galileo Japan Trust) Asset Turnover: 0.28 (As of Jun. 2016)

What is Galileo Japan Trust Asset Turnover?

Galileo Japan Trust GLLOF Asset Turnover is 0.28 as of Jun. 2016.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Galileo Japan Trust's Revenue for the six months ended in Jun. 2016 was $60.00 Mil. Galileo Japan Trust's Total Assets for the quarter that ended in Jun. 2016 was $211.78 Mil. Therefore, Galileo Japan Trust's Asset Turnover for the quarter that ended in Jun. 2016 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Galileo Japan Trust's annualized ROE % for the quarter that ended in Jun. 2016 was 27.33%. It is also linked to ROA % through Du Pont Formula. Galileo Japan Trust's annualized ROA % for the quarter that ended in Jun. 2016 was 24.27%.

Galileo Japan Trust (GREY:GLLOF) Asset Turnover Explanation

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

Galileo Japan Trust's annulized ROE % for the quarter that ended in Jun. 2016 is

	ROE %^**		(Q: Jun. 2016 )
=	Net Income	/	Total Stockholders Equity
=	51.398	/	188.083
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(51.398 / 119.99)	*	(119.99 / 211.779)	*	(211.779/ 188.083)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	42.84 %	*	0.5666	*	1.126
=	ROA %	*	Equity Multiplier
=	24.27 %	*	1.126
=	27.33 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2016) net income data. The Revenue data used here is two times the semi-annual (Jun. 2016) 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:

Galileo Japan Trust's annulized ROA % for the quarter that ended in Jun. 2016 is

	ROA %		(Q: Jun. 2016 )
=	Net Income	/	Total Assets
=	51.398	/	211.779
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(51.398 / 119.99)	*	(119.99 / 211.779)
=	Net Margin %	*	Asset Turnover
=	42.84 %	*	0.5666
=	24.27 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2016) net income data. The Revenue data used here is two times the semi-annual (Jun. 2016) revenue data.

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.

Galileo Japan Trust Asset Turnover Related Terms

Galileo Japan Trust Asset Turnover Historical Data

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The historical data trend for Galileo Japan Trust's Asset Turnover can be seen below:

Galileo Japan Trust Asset Turnover Chart

Galileo Japan Trust Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Asset Turnover

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0.09

0.08

0.10

0.29

Galileo Japan Trust Semi-Annual Data
	Jun06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Asset Turnover	Get a 7-Day Free Trial															0.09	0.00	0.11	0.00	0.28

GLLOF vs CLPR: Asset Turnover Comparison

For the REIT - Diversified subindustry, Galileo Japan Trust'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.

Galileo Japan Trust Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Galileo Japan Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Galileo Japan Trust's Asset Turnover falls into.

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Galileo Japan Trust Asset Turnover Calculation

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

Galileo Japan Trust's Asset Turnover for the fiscal year that ended in Jun. 2016 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Jun. 2016 )	/	( (Total Assets (A: Jun. 2015 )	+	Total Assets (A: Jun. 2016 ))	/ count )
=	59.995	/	( (192.836	+	228.759)	/ 2 )
=	59.995	/	210.7975
=	0.28

Galileo Japan Trust's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	59.995	/	( (194.799	+	228.759)	/ 2 )
=	59.995	/	211.779
=	0.28

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.28 mean?

Galileo Japan Trust (GLLOF) has a Asset Turnover of 0.28 as of Jun. 2016. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Galileo Japan Trust and its competitors.

Is Galileo Japan Trust's Asset Turnover too high?

Galileo Japan Trust's current Asset Turnover is 0.28.

How does Galileo Japan Trust's Asset Turnover compare to CLPR?

Galileo Japan Trust's Asset Turnover of 0.28 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for a REITs company?

A good Asset Turnover depends on the REITs industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Galileo Japan Trust and its competitors. Galileo Japan Trust's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Galileo Japan Trust stock overvalued right now?

Galileo Japan Trust (GLLOF) has a current Asset Turnover of 0.28. The current Asset Turnover is 0.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Galileo Japan Trust (GLLOF), the current Asset Turnover is 0.28 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galileo Japan Trust Business Description

Industry Real Estate REITs

Comparable Companies SAU:4335 IST:ISGYO XPAR:BLEE BKK:SPRIME XBRU:WEB TSX:PRV.UN XMAD:YURO IST:HLGYO XTAE:MNRT XMAD:YORE TSE:3470 TSXV:NXR.UN KAR:DCR CLPR IST:DGGYO MEX:FIBRAHD 15 XMAD:YTRA TSX:BTB.UN LSE:TOWN SAU:4344

Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000

Website http://www.galileofunds.com.au

Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.