GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LSL Property Services PLC (LSE:LSL) » Definitions » Asset Turnover

LSL Property Services (LSE:LSL) Asset Turnover : 0.53 (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is LSL Property Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. LSL Property Services's Revenue for the six months ended in Jun. 2024 was £85.4 Mil. LSL Property Services's Total Assets for the quarter that ended in Jun. 2024 was £160.0 Mil. Therefore, LSL Property Services's Asset Turnover for the quarter that ended in Jun. 2024 was 0.53.

Asset Turnover is linked to ROE % through Du Pont Formula. LSL Property Services's annualized ROE % for the quarter that ended in Jun. 2024 was 25.74%. It is also linked to ROA % through Du Pont Formula. LSL Property Services's annualized ROA % for the quarter that ended in Jun. 2024 was 12.43%.


LSL Property Services Asset Turnover Historical Data

The historical data trend for LSL Property Services'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.

LSL Property Services Asset Turnover Chart

LSL Property Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.90 1.04 0.76 0.75

LSL Property Services Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.34 0.40 0.38 0.49 0.53

Competitive Comparison of LSL Property Services's Asset Turnover

For the Real Estate Services subindustry, LSL Property Services'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.


LSL Property Services's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LSL Property Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where LSL Property Services's Asset Turnover falls into.



LSL Property Services Asset Turnover Calculation

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

LSL Property Services's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=144.418/( (237.445+149.524)/ 2 )
=144.418/193.4845
=0.75

LSL Property Services's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=85.394/( (149.524+170.534)/ 2 )
=85.394/160.029
=0.53

* 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.


LSL Property Services  (LSE:LSL) Asset Turnover Explanation

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

LSL Property Services's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=19.89/77.278
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.89 / 170.788)*(170.788 / 160.029)*(160.029/ 77.278)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.65 %*1.0672*2.0708
=ROA %*Equity Multiplier
=12.43 %*2.0708
=25.74 %

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

LSL Property Services's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=19.89/160.029
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.89 / 170.788)*(170.788 / 160.029)
=Net Margin %*Asset Turnover
=11.65 %*1.0672
=12.43 %

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


LSL Property Services Asset Turnover Related Terms

Thank you for viewing the detailed overview of LSL Property Services's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


LSL Property Services Business Description

Traded in Other Exchanges
Address
Newcastle House, Albany Court, Newcastle Business Park, Newcastle upon Tyne, GBR, NE4 7YB
LSL Property Services PLC provides residential property services to consumers. The Estate Agency Franchising segment provides services related to the sale and letting of residential properties, Financial Services segment reflects the Financial Services income generated from the Estate Agency segment. The Surveying and Valuation Services segment provides valuations and professional survey services for residential properties. Some of the company's offerings include residential sales, lettings, surveying, conveyancing, and advice on mortgages and non-investment insurance products. Geographically all the business is operated in the UK and it derives the majority of its revenue from the Surveying and Valuation segment.

LSL Property Services Headlines

No Headlines