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Invesco Propertyome Trust (LSE:IPI) Asset Turnover : -0.04 (As of Mar. 2015)


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What is Invesco Propertyome Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Invesco Propertyome Trust's Revenue for the six months ended in Mar. 2015 was £-4.69 Mil. Invesco Propertyome Trust's Total Assets for the quarter that ended in Mar. 2015 was £122.77 Mil. Therefore, Invesco Propertyome Trust's Asset Turnover for the quarter that ended in Mar. 2015 was -0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Invesco Propertyome Trust's annualized ROE % for the quarter that ended in Mar. 2015 was 55.28%. It is also linked to ROA % through Du Pont Formula. Invesco Propertyome Trust's annualized ROA % for the quarter that ended in Mar. 2015 was -20.86%.


Invesco Propertyome Trust Asset Turnover Historical Data

The historical data trend for Invesco Propertyome Trust'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.

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Invesco Propertyome Trust Asset Turnover Chart

Invesco Propertyome Trust Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Asset Turnover
Get a 7-Day Free Trial 0.10 0.09 0.06 0.05 -0.04

Invesco Propertyome Trust Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Asset Turnover Get a 7-Day Free Trial 0.10 0.09 0.06 0.05 -0.04

Competitive Comparison of Invesco Propertyome Trust's Asset Turnover

For the Asset Management subindustry, Invesco Propertyome Trust'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.


Invesco Propertyome Trust's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Propertyome Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Invesco Propertyome Trust's Asset Turnover falls into.



Invesco Propertyome Trust Asset Turnover Calculation

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

Invesco Propertyome Trust's Asset Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2015 )/( (Total Assets (A: Mar. 2014 )+Total Assets (A: Mar. 2015 ))/ count )
=-4.692/( (154.754+90.778)/ 2 )
=-4.692/122.766
=-0.04

Invesco Propertyome Trust's Asset Turnover for the quarter that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Mar. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=-4.692/( (154.754+90.778)/ 2 )
=-4.692/122.766
=-0.04

* 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.


Invesco Propertyome Trust  (LSE:IPI) Asset Turnover Explanation

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

Invesco Propertyome Trust's annulized ROE % for the quarter that ended in Mar. 2015 is

ROE %**(Q: Mar. 2015 )
=Net Income/Total Stockholders Equity
=-25.604/-46.317
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.604 / -9.384)*(-9.384 / 122.766)*(122.766/ -46.317)
=Net Margin %*Asset Turnover*Equity Multiplier
=272.85 %*-0.0764*-2.6506
=ROA %*Equity Multiplier
=-20.86 %*-2.6506
=55.28 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2015) net income data. The Revenue data used here is two times the semi-annual (Mar. 2015) 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:

Invesco Propertyome Trust's annulized ROA % for the quarter that ended in Mar. 2015 is

ROA %(Q: Mar. 2015 )
=Net Income/Total Assets
=-25.604/122.766
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.604 / -9.384)*(-9.384 / 122.766)
=Net Margin %*Asset Turnover
=272.85 %*-0.0764
=-20.86 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2015) net income data. The Revenue data used here is two times the semi-annual (Mar. 2015) 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.


Invesco Propertyome Trust Asset Turnover Related Terms

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Invesco Propertyome Trust (LSE:IPI) Business Description

Traded in Other Exchanges
N/A
Address
Invesco Property Income Trust Ltd is a closed-ended investment fund incorporated in Jersey on September 14, 2004. The investment objective of the Company is to repay its bank borrowings and other liabilities and, having met these obligations, to provide a return for shareholders. The Company holds a diversified portfolio of European commercial properties. The Company operates in United Kingdom and Europe including France, Belgium, Spain and France.