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Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS (IST:BIGCH) Asset Turnover : 0.44 (As of Sep. 2024)


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What is Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Revenue for the three months ended in Sep. 2024 was ₺934 Mil. Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Total Assets for the quarter that ended in Sep. 2024 was ₺2,126 Mil. Therefore, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover for the quarter that ended in Sep. 2024 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's annualized ROE % for the quarter that ended in Sep. 2024 was 21.37%. It is also linked to ROA % through Du Pont Formula. Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's annualized ROA % for the quarter that ended in Sep. 2024 was 10.66%.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Asset Turnover Historical Data

The historical data trend for Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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.

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Asset Turnover Chart

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.72 1.01 2.10 1.53

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 -0.05 0.38 0.45 0.44

Competitive Comparison of Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover

For the Restaurants subindustry, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover falls into.



Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Asset Turnover Calculation

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

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2177.081/( (1283.788+1568.201)/ 2 )
=2177.081/1425.9945
=1.53

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS'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 )
=933.601/( (2014.578+2237.94)/ 2 )
=933.601/2126.259
=0.44

* 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.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS  (IST:BIGCH) Asset Turnover Explanation

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

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=226.752/1061.31
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(226.752 / 3734.404)*(3734.404 / 2126.259)*(2126.259/ 1061.31)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.07 %*1.7563*2.0034
=ROA %*Equity Multiplier
=10.66 %*2.0034
=21.37 %

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:

Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=226.752/2126.259
=(Net Income / Revenue)*(Revenue / Total Assets)
=(226.752 / 3734.404)*(3734.404 / 2126.259)
=Net Margin %*Asset Turnover
=6.07 %*1.7563
=10.66 %

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.


Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Asset Turnover Related Terms

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Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egtn ve Tic AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Fatih Sultan Mehmet Mahallesi, Ataturk Caddesi, No: 9/2 Armutlu, Sariyer, Istanbul, TUR
Buyuk Sefler Gida Turizm Tekstil Danismanlik Org Egt San ve Tic AS is engaged in operating facilities such as restaurants, cafeterias, and public resting places. It has a presence in Istanbul, Ankara, Izmir, Antalya, Adana, Bodrum, Marmaris, Bursa, Denizli, Iskenderun, Eskisehir, Kayseri, Mersin, Germany, Azerbaijan, Kazakhstan, Kuwait and Saudi Arabia.

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