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Bowler Metcalf (JSE:BCF) Asset Turnover : 0.49 (As of Dec. 2024)


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What is Bowler Metcalf Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bowler Metcalf's Revenue for the six months ended in Dec. 2024 was R459.4 Mil. Bowler Metcalf's Total Assets for the quarter that ended in Dec. 2024 was R935.7 Mil. Therefore, Bowler Metcalf's Asset Turnover for the quarter that ended in Dec. 2024 was 0.49.

Asset Turnover is linked to ROE % through Du Pont Formula. Bowler Metcalf's annualized ROE % for the quarter that ended in Dec. 2024 was 14.51%. It is also linked to ROA % through Du Pont Formula. Bowler Metcalf's annualized ROA % for the quarter that ended in Dec. 2024 was 12.67%.


Bowler Metcalf Asset Turnover Historical Data

The historical data trend for Bowler Metcalf'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.

Bowler Metcalf Asset Turnover Chart

Bowler Metcalf Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.80 0.82 0.87 0.98

Bowler Metcalf Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.45 0.44 0.51 0.48 0.49

Competitive Comparison of Bowler Metcalf's Asset Turnover

For the Packaging & Containers subindustry, Bowler Metcalf'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.


Bowler Metcalf's Asset Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bowler Metcalf's Asset Turnover distribution charts can be found below:

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


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Bowler Metcalf Asset Turnover Calculation

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

Bowler Metcalf's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=860.914/( (843.529+917.939)/ 2 )
=860.914/880.734
=0.98

Bowler Metcalf'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: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=459.4/( (917.939+953.5)/ 2 )
=459.4/935.7195
=0.49

* 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.


Bowler Metcalf  (JSE:BCF) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=118.6/817.463
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(118.6 / 918.8)*(918.8 / 935.7195)*(935.7195/ 817.463)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.91 %*0.9819*1.1447
=ROA %*Equity Multiplier
=12.67 %*1.1447
=14.51 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=118.6/935.7195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(118.6 / 918.8)*(918.8 / 935.7195)
=Net Margin %*Asset Turnover
=12.91 %*0.9819
=12.67 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Bowler Metcalf Asset Turnover Related Terms

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Bowler Metcalf Business Description

Traded in Other Exchanges
N/A
Address
Harris Drive, PO Box 92, Ottery, Cape Town, WC, ZAF, 7800
Bowler Metcalf Ltd is engaged in the business of containers and packaging. The company's operating segment includes Plastic Packaging and Property Investment. It generates maximum revenue from the Plastic Packaging segment. The plastics division specializes in the manufacture of rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets. Its mode of manufacture comprises injection and blow molding, extrusion and injection stretch blow molding.

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