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Benchmark Holdings (LSE:BMK) Asset Turnover : 0.05 (As of Dec. 2024)


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What is Benchmark Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Benchmark Holdings's Revenue for the three months ended in Dec. 2024 was £17.72 Mil. Benchmark Holdings's Total Assets for the quarter that ended in Dec. 2024 was £382.83 Mil. Therefore, Benchmark Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Benchmark Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was -18.13%. It is also linked to ROA % through Du Pont Formula. Benchmark Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was -10.37%.


Benchmark Holdings Asset Turnover Historical Data

The historical data trend for Benchmark Holdings'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.

Benchmark Holdings Asset Turnover Chart

Benchmark Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.26 0.31 0.21 0.21

Benchmark Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.06 0.09 0.07 -0.05 0.05

Competitive Comparison of Benchmark Holdings's Asset Turnover

For the Packaged Foods subindustry, Benchmark Holdings'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.


Benchmark Holdings's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Benchmark Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Benchmark Holdings's Asset Turnover falls into.


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Benchmark Holdings Asset Turnover Calculation

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

Benchmark Holdings's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=90.365/( (471.295+384.901)/ 2 )
=90.365/428.098
=0.21

Benchmark Holdings'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: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=17.722/( (384.901+380.767)/ 2 )
=17.722/382.834
=0.05

* 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.


Benchmark Holdings  (LSE:BMK) Asset Turnover Explanation

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

Benchmark Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-39.708/219.002
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.708 / 70.888)*(70.888 / 382.834)*(382.834/ 219.002)
=Net Margin %*Asset Turnover*Equity Multiplier
=-56.02 %*0.1852*1.7481
=ROA %*Equity Multiplier
=-10.37 %*1.7481
=-18.13 %

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

Benchmark Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-39.708/382.834
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-39.708 / 70.888)*(70.888 / 382.834)
=Net Margin %*Asset Turnover
=-56.02 %*0.1852
=-10.37 %

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


Benchmark Holdings Asset Turnover Related Terms

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Benchmark Holdings Business Description

Traded in Other Exchanges
Address
Yeoman Way, Benchmark House, Highdown House, West Sussex, Worthing, Sussex, GBR, BN99 3HH
Benchmark Holdings PLC offers products and solutions that improve farming efficiency, growth, and animal health and welfare for aquaculture producers. Its portfolio of products and solutions includes salmon eggs, live feed (artemia), diets and probiotics, sea lice treatments, and others. The company's reportable segments are; Genetics, Advanced Nutrition, and Health. Maximum revenue for the company is generated from its Advanced Nutrition segment which manufactures and provides nutrition and health products to the aquaculture industry. The Health segment focuses on providing health products to the aquaculture market. Geographically, the company derives its maximum revenue from Norway and the rest from Chile, Iceland, Canada, Greece, China, the United Kingdom, and other markets.

Benchmark Holdings Headlines

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