We Buy Cars Holding (JSE:WBC) Asset Turnover: 2.44 (As of Mar. 2026)


JSE:WBC We Buy Cars Holding Ltd JSE:WBC
18 GF Score
Price R33.75
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What is We Buy Cars Holding Asset Turnover?

We Buy Cars Holding JSE:WBC -1.17% 18 Asset Turnover is 2.44 as of Mar. 2026. GuruFocus rates JSE:WBC with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. We Buy Cars Holding's Revenue for the six months ended in Mar. 2026 was R14,302 Mil. We Buy Cars Holding's Total Assets for the quarter that ended in Mar. 2026 was R5,862 Mil. Therefore, We Buy Cars Holding's Asset Turnover for the quarter that ended in Mar. 2026 was 2.44.

Asset Turnover is linked to ROE % through Du Pont Formula. We Buy Cars Holding's annualized ROE % for the quarter that ended in Mar. 2026 was 30.80%. It is also linked to ROA % through Du Pont Formula. We Buy Cars Holding's annualized ROA % for the quarter that ended in Mar. 2026 was 17.04%.


We Buy Cars Holding  (JSE:WBC) Asset Turnover Explanation

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

We Buy Cars Holding's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=998.68/3242.484
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(998.68 / 28603.092)*(28603.092 / 5861.7335)*(5861.7335/ 3242.484)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.49 %*4.8796*1.8078
=ROA %*Equity Multiplier
=17.04 %*1.8078
=30.80 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

We Buy Cars Holding's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=998.68/5861.7335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(998.68 / 28603.092)*(28603.092 / 5861.7335)
=Net Margin %*Asset Turnover
=3.49 %*4.8796
=17.04 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


We Buy Cars Holding Asset Turnover Related Terms


We Buy Cars Holding Asset Turnover Historical Data

* Premium members only.

The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding Asset Turnover Chart

We Buy Cars Holding Annual Data
Trend Mar21 Sep23 Sep24 Sep25
Asset Turnover
0.00 6.63 5.57 5.59

We Buy Cars Holding Semi-Annual Data
Mar21 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 2.70 2.87 2.95 2.64 2.44

JSE:WBC vs CVNA, PAG, ALTB: Asset Turnover Comparison

For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.


We Buy Cars Holding Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where We Buy Cars Holding's Asset Turnover falls into.


JSE:WBC
18GF Score
We Buy Cars Holding Ltd JSE:WBC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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We Buy Cars Holding Asset Turnover Calculation

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

We Buy Cars Holding's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=26656.249/( (4186.861+5352.695)/ 2 )
=26656.249/4769.778
=5.59

We Buy Cars Holding's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=14301.546/( (5352.695+6370.772)/ 2 )
=14301.546/5861.7335
=2.44

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 2.44 mean?
We Buy Cars Holding (JSE:WBC) has a Asset Turnover of 2.44 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on We Buy Cars Holding and its competitors.
Is We Buy Cars Holding's Asset Turnover too high?
We Buy Cars Holding's current Asset Turnover is 2.44. Overall, We Buy Cars Holding has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's Asset Turnover compare to CVNA and PAG?
We Buy Cars Holding's Asset Turnover of 2.44 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on We Buy Cars Holding and its competitors. We Buy Cars Holding's current Asset Turnover is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current Asset Turnover of 2.44. The current Asset Turnover is 2.44. We Buy Cars Holding's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For We Buy Cars Holding (JSE:WBC), the current Asset Turnover is 2.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

We Buy Cars Holding Business Description

Address 6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
18GF Score

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R33.75
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