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Visual International Holdings (JSE:VIS) Asset Turnover : 0.00 (As of Aug. 2024)


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What is Visual International Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Visual International Holdings's Revenue for the six months ended in Aug. 2024 was R0.01 Mil. Visual International Holdings's Total Assets for the quarter that ended in Aug. 2024 was R39.61 Mil. Therefore, Visual International Holdings's Asset Turnover for the quarter that ended in Aug. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Visual International Holdings's annualized ROE % for the quarter that ended in Aug. 2024 was 100.55%. It is also linked to ROA % through Du Pont Formula. Visual International Holdings's annualized ROA % for the quarter that ended in Aug. 2024 was -19.34%.


Visual International Holdings Asset Turnover Historical Data

The historical data trend for Visual International Holdings'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.

Visual International Holdings Asset Turnover Chart

Visual International Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - 0.05 0.04

Visual International Holdings Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - 0.05 0.05 - -

Competitive Comparison of Visual International Holdings's Asset Turnover

For the Real Estate Services subindustry, Visual International Holdings'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.


Visual International Holdings's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Visual International Holdings's Asset Turnover distribution charts can be found below:

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


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Visual International Holdings Asset Turnover Calculation

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

Visual International Holdings's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=1.109/( (20.25+39.578)/ 2 )
=1.109/29.914
=0.04

Visual International Holdings's Asset Turnover for the quarter that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=0.013/( (39.578+39.634)/ 2 )
=0.013/39.606
=0.00

* 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.


Visual International Holdings  (JSE:VIS) Asset Turnover Explanation

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

Visual International Holdings's annulized ROE % for the quarter that ended in Aug. 2024 is

ROE %**(Q: Aug. 2024 )
=Net Income/Total Stockholders Equity
=-7.66/-7.618
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.66 / 0.026)*(0.026 / 39.606)*(39.606/ -7.618)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29461.54 %*0.0007*-5.199
=ROA %*Equity Multiplier
=-19.34 %*-5.199
=100.55 %

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

Visual International Holdings's annulized ROA % for the quarter that ended in Aug. 2024 is

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=-7.66/39.606
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.66 / 0.026)*(0.026 / 39.606)
=Net Margin %*Asset Turnover
=-29461.54 %*0.0007
=-19.34 %

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


Visual International Holdings Asset Turnover Related Terms

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Visual International Holdings Business Description

Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.