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Auto Trader Group (LSE:AUTO) Asset Turnover : 0.46 (As of Sep. 2024)


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What is Auto Trader 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. Auto Trader Group's Revenue for the six months ended in Sep. 2024 was £302.5 Mil. Auto Trader Group's Total Assets for the quarter that ended in Sep. 2024 was £654.0 Mil. Therefore, Auto Trader Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.46.

Asset Turnover is linked to ROE % through Du Pont Formula. Auto Trader Group's annualized ROE % for the quarter that ended in Sep. 2024 was 49.51%. It is also linked to ROA % through Du Pont Formula. Auto Trader Group's annualized ROA % for the quarter that ended in Sep. 2024 was 42.69%.


Auto Trader Group Asset Turnover Historical Data

The historical data trend for Auto Trader 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.

Auto Trader Group Asset Turnover Chart

Auto Trader 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 0.77 0.50 0.80 0.83 0.87

Auto Trader Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.41 0.37 0.42 0.44 0.46

Competitive Comparison of Auto Trader Group's Asset Turnover

For the Internet Content & Information subindustry, Auto Trader 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.


Auto Trader Group's Asset Turnover Distribution in the Interactive Media Industry

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

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



Auto Trader Group Asset Turnover Calculation

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

Auto Trader 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 )
=570.9/( (662.7+658)/ 2 )
=570.9/660.35
=0.86

Auto Trader 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: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=302.5/( (658+649.9)/ 2 )
=302.5/653.95
=0.46

* 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.


Auto Trader Group  (LSE:AUTO) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=279.2/563.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(279.2 / 605)*(605 / 653.95)*(653.95/ 563.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=46.15 %*0.9251*1.1597
=ROA %*Equity Multiplier
=42.69 %*1.1597
=49.51 %

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

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=279.2/653.95
=(Net Income / Revenue)*(Revenue / Total Assets)
=(279.2 / 605)*(605 / 653.95)
=Net Margin %*Asset Turnover
=46.15 %*0.9251
=42.69 %

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


Auto Trader Group Asset Turnover Related Terms

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Auto Trader Group Business Description

Traded in Other Exchanges
Address
1 Tony Wilson Place, 4th Floor, Manchester, GBR, M15 4FN
Auto Trader Group PLC is a digital automotive marketplace based in the UK, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from three streams; Trade revenue from retailers and home traders advertising vehicles and using Auto Trader's products, which represent the majority of the company's income; the Consumer services revenue stems from private sellers placing advertisements and from the company's partners who provide services to consumers; and the Display advertising revenue is earned from manufacturers or their advertising agencies, which advertise their brand or services on the marketplace.

Auto Trader Group Headlines