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HWH (HWH International) Asset Turnover : 0.12 (As of Sep. 2024)


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What is HWH International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HWH International's Revenue for the three months ended in Sep. 2024 was $0.35 Mil. HWH International's Total Assets for the quarter that ended in Sep. 2024 was $2.99 Mil. Therefore, HWH International's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. HWH International's annualized ROE % for the quarter that ended in Sep. 2024 was 109.96%. It is also linked to ROA % through Du Pont Formula. HWH International's annualized ROA % for the quarter that ended in Sep. 2024 was -73.21%.


HWH International Asset Turnover Historical Data

The historical data trend for HWH International'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.

HWH International Asset Turnover Chart

HWH International Annual Data
Trend Dec21 Nov22 Nov23
Asset Turnover
1.25 - -

HWH International Quarterly Data
Dec21 Nov22 Sep23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial - - 0.11 0.12 0.12

Competitive Comparison of HWH International's Asset Turnover

For the Leisure subindustry, HWH International'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.


HWH International's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HWH International's Asset Turnover distribution charts can be found below:

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



HWH International Asset Turnover Calculation

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

HWH International's Asset Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=0/( (89.297+21.956)/ 2 )
=0/55.6265
=0.00

HWH International'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: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.346/( (3.068+2.92)/ 2 )
=0.346/2.994
=0.12

* 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.


HWH International  (NAS:HWH) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-2.192/-1.9935
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.192 / 1.384)*(1.384 / 2.994)*(2.994/ -1.9935)
=Net Margin %*Asset Turnover*Equity Multiplier
=-158.38 %*0.4623*-1.5019
=ROA %*Equity Multiplier
=-73.21 %*-1.5019
=109.96 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (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:

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-2.192/2.994
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.192 / 1.384)*(1.384 / 2.994)
=Net Margin %*Asset Turnover
=-158.38 %*0.4623
=-73.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (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.


HWH International Asset Turnover Related Terms

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HWH International Business Description

Traded in Other Exchanges
N/A
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
HWH International Inc is a purpose-driven lifestyle company enabling home-based people in the new GIG economy to create lasting wealth. Developing new pathways in the aid of helping people in their pursuit of Health, Wealth and Happiness.