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Gerry Weber International AG (HAM:GWI2) Asset Turnover : 0.23 (As of Dec. 2022)


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What is Gerry Weber International AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gerry Weber International AG's Revenue for the three months ended in Dec. 2022 was €66.3 Mil. Gerry Weber International AG's Total Assets for the quarter that ended in Dec. 2022 was €283.0 Mil. Therefore, Gerry Weber International AG's Asset Turnover for the quarter that ended in Dec. 2022 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Gerry Weber International AG's annualized ROE % for the quarter that ended in Dec. 2022 was -245.37%. It is also linked to ROA % through Du Pont Formula. Gerry Weber International AG's annualized ROA % for the quarter that ended in Dec. 2022 was -35.28%.


Gerry Weber International AG Asset Turnover Historical Data

The historical data trend for Gerry Weber International AG'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.

Gerry Weber International AG Asset Turnover Chart

Gerry Weber International AG Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.83 0.55 0.76 1.11

Gerry Weber International AG Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.20 0.23 0.27 0.29 0.23

Competitive Comparison of Gerry Weber International AG's Asset Turnover

For the Apparel Manufacturing subindustry, Gerry Weber International AG'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.


Gerry Weber International AG's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gerry Weber International AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gerry Weber International AG's Asset Turnover falls into.



Gerry Weber International AG Asset Turnover Calculation

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

Gerry Weber International AG's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=313.719/( (310.339+257.285)/ 2 )
=313.719/283.812
=1.11

Gerry Weber International AG's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=66.314/( (308.803+257.285)/ 2 )
=66.314/283.044
=0.23

* 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.


Gerry Weber International AG  (HAM:GWI2) Asset Turnover Explanation

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

Gerry Weber International AG's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-99.864/40.699
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-99.864 / 265.256)*(265.256 / 283.044)*(283.044/ 40.699)
=Net Margin %*Asset Turnover*Equity Multiplier
=-37.65 %*0.9372*6.9546
=ROA %*Equity Multiplier
=-35.28 %*6.9546
=-245.37 %

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

Gerry Weber International AG's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-99.864/283.044
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-99.864 / 265.256)*(265.256 / 283.044)
=Net Margin %*Asset Turnover
=-37.65 %*0.9372
=-35.28 %

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


Gerry Weber International AG Asset Turnover Related Terms

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Gerry Weber International AG (HAM:GWI2) Business Description

Traded in Other Exchanges
N/A
Address
Neulehenstrasse 8, Halle / Westphalia, NW, DEU, 33790
Gerry Weber International AG is an apparel manufacturing company. The company's core segments comprise Retail, Wholesale, and E-Commerce. Retail segment comprises the company's retail activities in the national and international houses of GERRY WEBER and mono-label stores, the concession stores, and the factory outlets. Its brands are GERRY WEBER, TAIFUN, and SAMOON. Wholesale segment comprises the wholesale activities of the group's brand. It offers knitwear, shirts, blouses, trousers, skirts, and outdoor jackets and accessories, and jewellery products. E-Commerce segment includes all online activities, essentially the e-shops and marketplaces.

Gerry Weber International AG (HAM:GWI2) Headlines

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