GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroder Asian Total Return Investment Co PLC (LSE:ATR) » Definitions » Asset Turnover

Schroder Asian Total Return Investment Co (LSE:ATR) Asset Turnover : 0.09 (As of Jun. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Schroder Asian Total Return Investment Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Schroder Asian Total Return Investment Co's Revenue for the six months ended in Jun. 2024 was £45.07 Mil. Schroder Asian Total Return Investment Co's Total Assets for the quarter that ended in Jun. 2024 was £497.90 Mil. Therefore, Schroder Asian Total Return Investment Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Schroder Asian Total Return Investment Co's annualized ROE % for the quarter that ended in Jun. 2024 was 18.99%. It is also linked to ROA % through Du Pont Formula. Schroder Asian Total Return Investment Co's annualized ROA % for the quarter that ended in Jun. 2024 was 17.58%.


Schroder Asian Total Return Investment Co Asset Turnover Historical Data

The historical data trend for Schroder Asian Total Return Investment Co'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.

Schroder Asian Total Return Investment Co Asset Turnover Chart

Schroder Asian Total Return Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.27 0.07 -0.13 0.08

Schroder Asian Total Return Investment Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.16 0.04 0.02 0.05 0.09

Competitive Comparison of Schroder Asian Total Return Investment Co's Asset Turnover

For the Asset Management subindustry, Schroder Asian Total Return Investment Co'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.


Schroder Asian Total Return Investment Co's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder Asian Total Return Investment Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Schroder Asian Total Return Investment Co's Asset Turnover falls into.



Schroder Asian Total Return Investment Co Asset Turnover Calculation

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

Schroder Asian Total Return Investment Co'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 )
=37.676/( (504.983+487.911)/ 2 )
=37.676/496.447
=0.08

Schroder Asian Total Return Investment Co'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 )
=45.071/( (487.911+507.888)/ 2 )
=45.071/497.8995
=0.09

* 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.


Schroder Asian Total Return Investment Co  (LSE:ATR) Asset Turnover Explanation

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

Schroder Asian Total Return Investment Co's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=87.514/460.917
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(87.514 / 90.142)*(90.142 / 497.8995)*(497.8995/ 460.917)
=Net Margin %*Asset Turnover*Equity Multiplier
=97.08 %*0.181*1.0802
=ROA %*Equity Multiplier
=17.58 %*1.0802
=18.99 %

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:

Schroder Asian Total Return Investment Co's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=87.514/497.8995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(87.514 / 90.142)*(90.142 / 497.8995)
=Net Margin %*Asset Turnover
=97.08 %*0.181
=17.58 %

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.


Schroder Asian Total Return Investment Co Asset Turnover Related Terms

Thank you for viewing the detailed overview of Schroder Asian Total Return Investment Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Schroder Asian Total Return Investment Co Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Asian Total Return Investment Co PLC is a UK-based investment trust company. It seeks to provide a high rate of total return through investment in equities and equity-related securities of companies trading in the Asia-Pacific region except for Japan. The company invests in a diversified portfolio of 40-70 companies operating predominantly in Asia, including Australasia but excluding Japan. It offers a degree of capital preservation through the tactical use of derivative instruments. The company focuses on investing in companies with sound balance sheets, professional management, and capital allocation policies. It may use derivatives such as listed futures, call options, long puts, OTC instruments to protect the capital value of the portfolio, efficient portfolio management.