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LANV (Lanvin Group Holdings) Asset Turnover : 0.25 (As of Jun. 2024)


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What is Lanvin Group 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. Lanvin Group Holdings's Revenue for the six months ended in Jun. 2024 was $184.0 Mil. Lanvin Group Holdings's Total Assets for the quarter that ended in Jun. 2024 was $739.8 Mil. Therefore, Lanvin Group Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Lanvin Group Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was -81.79%. It is also linked to ROA % through Du Pont Formula. Lanvin Group Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -16.68%.


Lanvin Group Holdings Asset Turnover Historical Data

The historical data trend for Lanvin Group 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.

Lanvin Group Holdings Asset Turnover Chart

Lanvin Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.39 0.47 0.57 0.61

Lanvin Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial 0.28 0.31 0.30 0.30 0.25

Competitive Comparison of Lanvin Group Holdings's Asset Turnover

For the Luxury Goods subindustry, Lanvin Group 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.


Lanvin Group Holdings's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lanvin Group Holdings's Asset Turnover distribution charts can be found below:

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



Lanvin Group Holdings Asset Turnover Calculation

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

Lanvin Group Holdings'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 )
=464.752/( (775.665+750.201)/ 2 )
=464.752/762.933
=0.61

Lanvin Group Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=184.043/( (750.201+729.351)/ 2 )
=184.043/739.776
=0.25

* 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.


Lanvin Group Holdings  (NYSE:LANV) Asset Turnover Explanation

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

Lanvin Group Holdings's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-123.396/150.865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-123.396 / 368.086)*(368.086 / 739.776)*(739.776/ 150.865)
=Net Margin %*Asset Turnover*Equity Multiplier
=-33.52 %*0.4976*4.9036
=ROA %*Equity Multiplier
=-16.68 %*4.9036
=-81.79 %

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

Lanvin Group Holdings's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-123.396/739.776
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-123.396 / 368.086)*(368.086 / 739.776)
=Net Margin %*Asset Turnover
=-33.52 %*0.4976
=-16.68 %

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


Lanvin Group Holdings Asset Turnover Related Terms

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Lanvin Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
168 Jiujiang Road, 4th Floor, Carlowitz and Co, Huangpu District, Shanghai, CHN, 200001
Lanvin Group Holdings Ltd engages in offering products ranging from apparel to leather goods, footwear, and accessories. The firm is operating mainly 5 portfolio brands, namely Lanvin, Wolford, Sergio Rossi, St. John, and Caruso. It derives the majority of its revenue from the Wolford segment.