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Be Heard Group (LSE:BHRD) Asset Turnover : 0.59 (As of Dec. 2019)


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What is Be Heard 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. Be Heard Group's Revenue for the six months ended in Dec. 2019 was £27.96 Mil. Be Heard Group's Total Assets for the quarter that ended in Dec. 2019 was £47.59 Mil. Therefore, Be Heard Group's Asset Turnover for the quarter that ended in Dec. 2019 was 0.59.

Asset Turnover is linked to ROE % through Du Pont Formula. Be Heard Group's annualized ROE % for the quarter that ended in Dec. 2019 was -80.43%. It is also linked to ROA % through Du Pont Formula. Be Heard Group's annualized ROA % for the quarter that ended in Dec. 2019 was -24.67%.


Be Heard Group Asset Turnover Historical Data

The historical data trend for Be Heard 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.

Be Heard Group Asset Turnover Chart

Be Heard Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Asset Turnover
0.09 0.73 0.63 0.92

Be Heard Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.48 0.44 0.55 0.59

Competitive Comparison of Be Heard Group's Asset Turnover

For the Advertising Agencies subindustry, Be Heard 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.


Be Heard Group's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Be Heard Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Be Heard Group's Asset Turnover falls into.



Be Heard Group Asset Turnover Calculation

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

Be Heard Group's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=49.72/( (59.086+48.974)/ 2 )
=49.72/54.03
=0.92

Be Heard Group's Asset Turnover for the quarter that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=27.958/( (53.064+42.117)/ 2 )
=27.958/47.5905
=0.59

* 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.


Be Heard Group  (LSE:BHRD) Asset Turnover Explanation

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

Be Heard Group's annulized ROE % for the quarter that ended in Dec. 2019 is

ROE %**(Q: Dec. 2019 )
=Net Income/Total Stockholders Equity
=-11.74/14.597
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.74 / 55.916)*(55.916 / 47.5905)*(47.5905/ 14.597)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21 %*1.1749*3.2603
=ROA %*Equity Multiplier
=-24.67 %*3.2603
=-80.43 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2019) net income data. The Revenue data used here is two times the semi-annual (Dec. 2019) 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:

Be Heard Group's annulized ROA % for the quarter that ended in Dec. 2019 is

ROA %(Q: Dec. 2019 )
=Net Income/Total Assets
=-11.74/47.5905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.74 / 55.916)*(55.916 / 47.5905)
=Net Margin %*Asset Turnover
=-21 %*1.1749
=-24.67 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2019) net income data. The Revenue data used here is two times the semi-annual (Dec. 2019) 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.


Be Heard Group Asset Turnover Related Terms

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Be Heard Group Business Description

Traded in Other Exchanges
N/A
Address
53 Frith Street, London, GBR, W1D 4SN
Be Heard Group PLC is a United Kingdoms-based digital marketing group operating at the intersection of marketing, technology, and e-commerce. Its segments include Be Heard Group; Design, Build and UX; Media Planning and Buying; Content Management; Analytics Consultancy; and Full-Service Agency. It plans, buys and manages multi-channel marketing campaigns including paid search, search engine optimization, paid social media, programmatic and negotiated display media across desktop, mobile and other digitally connected devices. Most of the company's revenue is generated from the media planning and buying segment in the UK. Geographically it operates in the UK and Non-UK segments.

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