GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Interparfums Inc (NAS:IPAR) » Definitions » Asset Turnover

IPAR (Interparfums) Asset Turnover : 0.25 (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Interparfums Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Interparfums's Revenue for the three months ended in Dec. 2024 was $362 Mil. Interparfums's Total Assets for the quarter that ended in Dec. 2024 was $1,446 Mil. Therefore, Interparfums's Asset Turnover for the quarter that ended in Dec. 2024 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Interparfums's annualized ROE % for the quarter that ended in Dec. 2024 was 12.72%. It is also linked to ROA % through Du Pont Formula. Interparfums's annualized ROA % for the quarter that ended in Dec. 2024 was 6.70%.


Interparfums Asset Turnover Historical Data

The historical data trend for Interparfums'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.

Interparfums Asset Turnover Chart

Interparfums Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.86 0.89 0.98 1.05

Interparfums Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.24 0.24 0.25 0.30 0.25

Competitive Comparison of Interparfums's Asset Turnover

For the Household & Personal Products subindustry, Interparfums'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.


Interparfums's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Interparfums's Asset Turnover distribution charts can be found below:

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


;
;

Interparfums Asset Turnover Calculation

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

Interparfums's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1452.325/( (1369.329+1411.261)/ 2 )
=1452.325/1390.295
=1.04

Interparfums's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=361.504/( (1480.6+1411.261)/ 2 )
=361.504/1445.9305
=0.25

* 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.


Interparfums  (NAS:IPAR) Asset Turnover Explanation

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

Interparfums's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=96.912/761.6735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(96.912 / 1446.016)*(1446.016 / 1445.9305)*(1445.9305/ 761.6735)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.7 %*1.0001*1.8984
=ROA %*Equity Multiplier
=6.70 %*1.8984
=12.72 %

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

Interparfums's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=96.912/1445.9305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(96.912 / 1446.016)*(1446.016 / 1445.9305)
=Net Margin %*Asset Turnover
=6.7 %*1.0001
=6.70 %

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


Interparfums Asset Turnover Related Terms

Thank you for viewing the detailed overview of Interparfums's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Interparfums Business Description

Traded in Other Exchanges
Address
551 Fifth Avenue, New York, NY, USA, 10176
Interparfums Inc operates in the fragrance business and produces and distributes a wide array of prestige fragrance and fragrance-related products. It sells its product under the brand which includes Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Lanvin, Moncler, Montblanc, Rochas and Van Cleef & Arpels. The company operates in two operating segments namely European based operations, SA, and United States based operations.. The group sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.
Executives
Pelayo Frederic Garcia officer: Dir ExportSales InterParfumsSA
Gilbert Harrison director HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Philippe Santi officer: Dir. of Finance INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999
Jean Madar director, 10 percent owner, officer: CEO JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176
Gerard Kappauf director JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001
Russell Greenberg director, officer: Ex. VP and CFO INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176
Philippe Benacin director, 10 percent owner, officer: President C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176
Michel D. Atwood director, officer: Chief Financial Officer 1113 YORK AVENUE, NEW YORK NY 10065
Francois Heilbronn director M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999
Torres Robert Bensoussan director 48 BOULEVARD RASPAIL, PARIS I0 99999
Patrick Choel director UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007
Henry B. Clarke officer: President Specialty Retail Div INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176
Michel Dyens director MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008
Jean Levy director CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999