GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Konami Group Corp (OTCPK:KONMY) » Definitions » Asset Turnover

KONMY (Konami Group) Asset Turnover : 0.16 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Konami Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Konami Group's Revenue for the three months ended in Sep. 2024 was $658 Mil. Konami Group's Total Assets for the quarter that ended in Sep. 2024 was $4,101 Mil. Therefore, Konami Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Konami Group's annualized ROE % for the quarter that ended in Sep. 2024 was 16.22%. It is also linked to ROA % through Du Pont Formula. Konami Group's annualized ROA % for the quarter that ended in Sep. 2024 was 11.76%.


Konami Group Asset Turnover Historical Data

The historical data trend for Konami Group'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.

Konami Group Asset Turnover Chart

Konami Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.60 0.56 0.55 0.59

Konami Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.18 0.18 0.14 0.16

Competitive Comparison of Konami Group's Asset Turnover

For the Electronic Gaming & Multimedia subindustry, Konami Group'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.


Konami Group's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Konami Group's Asset Turnover distribution charts can be found below:

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



Konami Group Asset Turnover Calculation

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

Konami Group's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=2405.002/( (4094.01+4043.89)/ 2 )
=2405.002/4068.95
=0.59

Konami Group'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 )
=657.869/( (3880.647+4321.39)/ 2 )
=657.869/4101.0185
=0.16

* 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.


Konami Group  (OTCPK:KONMY) Asset Turnover Explanation

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

Konami Group's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=482.42/2973.595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(482.42 / 2631.476)*(2631.476 / 4101.0185)*(4101.0185/ 2973.595)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.33 %*0.6417*1.3791
=ROA %*Equity Multiplier
=11.76 %*1.3791
=16.22 %

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:

Konami Group's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=482.42/4101.0185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(482.42 / 2631.476)*(2631.476 / 4101.0185)
=Net Margin %*Asset Turnover
=18.33 %*0.6417
=11.76 %

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.


Konami Group Asset Turnover Related Terms

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


Konami Group Business Description

Traded in Other Exchanges
Address
1-11-1, Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Konami Group Corp is a Japan-based company that develops, publishes, markets, and distributes video game software products for stationary consoles and for portable consoles. It also produces gaming machines for casinos and operates Health & Fitness clubs. The company operates through four business operations namely Digital Entertainment, Amusement, Gaming & Systems, and Sports. The company generates the majority of its revenue from the Digital Entertainment segment which is involved in the production, manufacture, and sale of digital content and related products including mobile games, card games, and computer and video games. Geographically, the company derives a majority of its revenue from Japan and the rest from the United States, Europe, Asia, and Oceania regions.