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Amicorp FS (UK) (LSE:AMIF) Asset Turnover : 0.83 (As of Dec. 2024)


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What is Amicorp FS (UK) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Amicorp FS (UK)'s Revenue for the six months ended in Dec. 2024 was $8.37 Mil. Amicorp FS (UK)'s Total Assets for the quarter that ended in Dec. 2024 was $10.11 Mil. Therefore, Amicorp FS (UK)'s Asset Turnover for the quarter that ended in Dec. 2024 was 0.83.

Asset Turnover is linked to ROE % through Du Pont Formula. Amicorp FS (UK)'s annualized ROE % for the quarter that ended in Dec. 2024 was 1.99%. It is also linked to ROA % through Du Pont Formula. Amicorp FS (UK)'s annualized ROA % for the quarter that ended in Dec. 2024 was 1.39%.


Amicorp FS (UK) Asset Turnover Historical Data

The historical data trend for Amicorp FS (UK)'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.

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Amicorp FS (UK) Asset Turnover Chart

Amicorp FS (UK) Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
- - 1.21 1.79 1.95

Amicorp FS (UK) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial 0.37 0.57 0.93 0.71 0.83

Competitive Comparison of Amicorp FS (UK)'s Asset Turnover

For the Asset Management subindustry, Amicorp FS (UK)'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.


Amicorp FS (UK)'s Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Amicorp FS (UK)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Amicorp FS (UK)'s Asset Turnover falls into.


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Amicorp FS (UK) Asset Turnover Calculation

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

Amicorp FS (UK)'s Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=15.616/( (8.145+7.91)/ 2 )
=15.616/8.0275
=1.95

Amicorp FS (UK)'s Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=8.369/( (12.301+7.91)/ 2 )
=8.369/10.1055
=0.83

* 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.


Amicorp FS (UK)  (LSE:AMIF) Asset Turnover Explanation

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

Amicorp FS (UK)'s annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=0.14/7.0475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.14 / 16.738)*(16.738 / 10.1055)*(10.1055/ 7.0475)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.84 %*1.6563*1.4339
=ROA %*Equity Multiplier
=1.39 %*1.4339
=1.99 %

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

Amicorp FS (UK)'s annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=0.14/10.1055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.14 / 16.738)*(16.738 / 10.1055)
=Net Margin %*Asset Turnover
=0.84 %*1.6563
=1.39 %

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


Amicorp FS (UK) Asset Turnover Related Terms

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Amicorp FS (UK) Business Description

Traded in Other Exchanges
N/A
Address
5 Lloyd's Avenue, 3rd Floor, London, GBR, EC3N 3AE
Amicorp FS (UK) PLC is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital, and real estate) as well as family offices to provide a suite of specialist services across markets. Its reportable segments of the company include fund administration, business process outsourcing, and regulatory and compliance. The company generates the majority of its revenue from the Fund administration segment. Geographically the company generates revenue from Europe, the Middle East, Asia and India, and Latin America.

Amicorp FS (UK) Headlines

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