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Card Factory (LSE:CARD) Asset Turnover : 0.41 (As of Jul. 2024)


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What is Card Factory Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Card Factory's Revenue for the six months ended in Jul. 2024 was £233.8 Mil. Card Factory's Total Assets for the quarter that ended in Jul. 2024 was £575.1 Mil. Therefore, Card Factory's Asset Turnover for the quarter that ended in Jul. 2024 was 0.41.

Asset Turnover is linked to ROE % through Du Pont Formula. Card Factory's annualized ROE % for the quarter that ended in Jul. 2024 was 6.69%. It is also linked to ROA % through Du Pont Formula. Card Factory's annualized ROA % for the quarter that ended in Jul. 2024 was 3.65%.


Card Factory Asset Turnover Historical Data

The historical data trend for Card Factory'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.

Card Factory Asset Turnover Chart

Card Factory Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.52 0.68 0.86 0.94

Card Factory Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.37 0.49 0.40 0.51 0.41

Competitive Comparison of Card Factory's Asset Turnover

For the Specialty Retail subindustry, Card Factory'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.


Card Factory's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Card Factory's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Card Factory's Asset Turnover falls into.



Card Factory Asset Turnover Calculation

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

Card Factory's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=510.9/( (537.2+552.1)/ 2 )
=510.9/544.65
=0.94

Card Factory's Asset Turnover for the quarter that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=233.8/( (552.1+598)/ 2 )
=233.8/575.05
=0.41

* 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.


Card Factory  (LSE:CARD) Asset Turnover Explanation

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

Card Factory's annulized ROE % for the quarter that ended in Jul. 2024 is

ROE %**(Q: Jul. 2024 )
=Net Income/Total Stockholders Equity
=21/313.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21 / 467.6)*(467.6 / 575.05)*(575.05/ 313.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.49 %*0.8131*1.8325
=ROA %*Equity Multiplier
=3.65 %*1.8325
=6.69 %

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

Card Factory's annulized ROA % for the quarter that ended in Jul. 2024 is

ROA %(Q: Jul. 2024 )
=Net Income/Total Assets
=21/575.05
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21 / 467.6)*(467.6 / 575.05)
=Net Margin %*Asset Turnover
=4.49 %*0.8131
=3.65 %

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


Card Factory Asset Turnover Related Terms

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Card Factory Business Description

Traded in Other Exchanges
Address
Century House, Brunel Road, 41 Industrial Estate, Wakefield, West Yorkshire, GBR, WF2 0XG
Card Factory PLC is a British retailer of greeting cards. The principal activities of the Company operations are as a vertically integrated, omnichannel retailer of cards, gifts and celebration essentials. Its products are offered via stores present in the United Kingdom, as well as online through websites: Card Factory and Getting Personal. The company's revenue is principally attributable to the retail sale of cards, dressings, and gifts. The business model is vertically integrated. It has an in-house design team, a printing facility, and a central warehousing facility.

Card Factory Headlines