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Southern Peru Copper - Sucursal Del Peru (LIM:SPCCPI2) Asset Turnover : 0.18 (As of Jun. 2024)


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What is Southern Peru Copper - Sucursal Del Peru Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Southern Peru Copper - Sucursal Del Peru's Revenue for the three months ended in Jun. 2024 was S/.11,359 Mil. Southern Peru Copper - Sucursal Del Peru's Total Assets for the quarter that ended in Jun. 2024 was S/.62,960 Mil. Therefore, Southern Peru Copper - Sucursal Del Peru's Asset Turnover for the quarter that ended in Jun. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Southern Peru Copper - Sucursal Del Peru's annualized ROE % for the quarter that ended in Jun. 2024 was 47.41%. It is also linked to ROA % through Du Pont Formula. Southern Peru Copper - Sucursal Del Peru's annualized ROA % for the quarter that ended in Jun. 2024 was 21.99%.


Southern Peru Copper - Sucursal Del Peru Asset Turnover Historical Data

The historical data trend for Southern Peru Copper - Sucursal Del Peru'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.

Southern Peru Copper - Sucursal Del Peru Asset Turnover Chart

Southern Peru Copper - Sucursal Del Peru Annual Data
Trend Dec11 Dec12 Dec13
Asset Turnover
- 0.64 0.55

Southern Peru Copper - Sucursal Del Peru Quarterly Data
Dec12 Dec13 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.13 0.15 0.15 0.18

Competitive Comparison of Southern Peru Copper - Sucursal Del Peru's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Southern Peru Copper - Sucursal Del Peru'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.


Southern Peru Copper - Sucursal Del Peru's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Peru Copper - Sucursal Del Peru's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Southern Peru Copper - Sucursal Del Peru's Asset Turnover falls into.


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Southern Peru Copper - Sucursal Del Peru Asset Turnover Calculation

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

Southern Peru Copper - Sucursal Del Peru's Asset Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=21685.214/( (37825.63+40837.011)/ 2 )
=21685.214/39331.3205
=0.55

Southern Peru Copper - Sucursal Del Peru'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: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=11359.256/( (61159.592+64760.108)/ 2 )
=11359.256/62959.85
=0.18

* 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.


Southern Peru Copper - Sucursal Del Peru  (LIM:SPCCPI2) Asset Turnover Explanation

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

Southern Peru Copper - Sucursal Del Peru's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=13845.448/29204.4675
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13845.448 / 45437.024)*(45437.024 / 62959.85)*(62959.85/ 29204.4675)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.47 %*0.7217*2.1558
=ROA %*Equity Multiplier
=21.99 %*2.1558
=47.41 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (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:

Southern Peru Copper - Sucursal Del Peru's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=13845.448/62959.85
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13845.448 / 45437.024)*(45437.024 / 62959.85)
=Net Margin %*Asset Turnover
=30.47 %*0.7217
=21.99 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Southern Peru Copper - Sucursal Del Peru Asset Turnover Related Terms

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Southern Peru Copper - Sucursal Del Peru Business Description

Traded in Other Exchanges
Address
Av. Caminos del Inca No. 171, Urb. Chacarilla del Estanque, Santiago de Surco, Lima, PER, 33
Southern Peru Copper Corp - Sucursal Del Peru produces copper in the Moquegua and Tacna provinces of Peru. The company mines for copper ore to produce copper concentrates and molybdenum concentrates. It has operations in North America, South America, Europe, Africa, Asia, and Australia.

Southern Peru Copper - Sucursal Del Peru Headlines

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