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Harbourvest Global Private Equity (LSE:HVPE) Asset Turnover : 0.02 (As of Jul. 2024)


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What is Harbourvest Global Private Equity Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Harbourvest Global Private Equity's Revenue for the six months ended in Jul. 2024 was £70.72 Mil. Harbourvest Global Private Equity's Total Assets for the quarter that ended in Jul. 2024 was £3,383.44 Mil. Therefore, Harbourvest Global Private Equity's Asset Turnover for the quarter that ended in Jul. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Harbourvest Global Private Equity's annualized ROE % for the quarter that ended in Jul. 2024 was 4.36%. It is also linked to ROA % through Du Pont Formula. Harbourvest Global Private Equity's annualized ROA % for the quarter that ended in Jul. 2024 was 3.98%.


Harbourvest Global Private Equity Asset Turnover Historical Data

The historical data trend for Harbourvest Global Private Equity'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.

Harbourvest Global Private Equity Asset Turnover Chart

Harbourvest Global Private Equity 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 0.14 0.26 0.31 -0.02 0.03

Harbourvest Global Private Equity 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 -0.03 0.01 0.03 - 0.02

Competitive Comparison of Harbourvest Global Private Equity's Asset Turnover

For the Asset Management subindustry, Harbourvest Global Private Equity'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.


Harbourvest Global Private Equity's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Harbourvest Global Private Equity's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Harbourvest Global Private Equity's Asset Turnover falls into.



Harbourvest Global Private Equity Asset Turnover Calculation

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

Harbourvest Global Private Equity'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 )
=102.139/( (3136.876+3307.833)/ 2 )
=102.139/3222.3545
=0.03

Harbourvest Global Private Equity'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 )
=70.722/( (3307.833+3459.041)/ 2 )
=70.722/3383.437
=0.02

* 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.


Harbourvest Global Private Equity  (LSE:HVPE) Asset Turnover Explanation

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

Harbourvest Global Private Equity's annulized ROE % for the quarter that ended in Jul. 2024 is

ROE %**(Q: Jul. 2024 )
=Net Income/Total Stockholders Equity
=134.528/3082.211
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(134.528 / 141.444)*(141.444 / 3383.437)*(3383.437/ 3082.211)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.11 %*0.0418*1.0977
=ROA %*Equity Multiplier
=3.98 %*1.0977
=4.36 %

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:

Harbourvest Global Private Equity's annulized ROA % for the quarter that ended in Jul. 2024 is

ROA %(Q: Jul. 2024 )
=Net Income/Total Assets
=134.528/3383.437
=(Net Income / Revenue)*(Revenue / Total Assets)
=(134.528 / 141.444)*(141.444 / 3383.437)
=Net Margin %*Asset Turnover
=95.11 %*0.0418
=3.98 %

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.


Harbourvest Global Private Equity Asset Turnover Related Terms

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Harbourvest Global Private Equity Business Description

Traded in Other Exchanges
Address
Saint Julian’s Avenue, BNP Paribas House, Saint Peter Port, GGY, GY1 1WA
Harbourvest Global Private Equity Ltd is a closed-ended investment company. Its investment objective is to generate superior shareholder returns through long-term capital appreciation by investing in a diversified portfolio of private equity investments as well as private market assets other than private equity where it identifies attractive opportunities. The company mainly invests in investment funds managed by HarbourVest Partners, LLC who make investments alongside third-party-managed investment funds. Its revenue comprises of investment income including interest from cash and equivalents and dividends. The company has a presence in the United States, Europe, Asia Pacific, and Rest of World.

Harbourvest Global Private Equity Headlines

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