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Pacific Horizon Investment Trust (LSE:PHI) Asset Turnover : 0.03 (As of Jan. 2025)


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What is Pacific Horizon Investment 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. Pacific Horizon Investment Trust's Revenue for the six months ended in Jan. 2025 was £17.58 Mil. Pacific Horizon Investment Trust's Total Assets for the quarter that ended in Jan. 2025 was £624.19 Mil. Therefore, Pacific Horizon Investment Trust's Asset Turnover for the quarter that ended in Jan. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Pacific Horizon Investment Trust's annualized ROE % for the quarter that ended in Jan. 2025 was 5.80%. It is also linked to ROA % through Du Pont Formula. Pacific Horizon Investment Trust's annualized ROA % for the quarter that ended in Jan. 2025 was 5.65%.


Pacific Horizon Investment Trust Asset Turnover Historical Data

The historical data trend for Pacific Horizon Investment 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.

* Premium members only.

Pacific Horizon Investment Trust Asset Turnover Chart

Pacific Horizon Investment Trust Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.38 -0.16 -0.03 0.06

Pacific Horizon Investment Trust Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 -0.04 0.10 0.03

Competitive Comparison of Pacific Horizon Investment Trust's Asset Turnover

For the Asset Management subindustry, Pacific Horizon Investment 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.


Pacific Horizon Investment Trust's Asset Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where Pacific Horizon Investment Trust's Asset Turnover falls into.


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Pacific Horizon Investment Trust Asset Turnover Calculation

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

Pacific Horizon Investment Trust's Asset Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2024 )/( (Total Assets (A: Jul. 2023 )+Total Assets (A: Jul. 2024 ))/ count )
=38.453/( (585.61+611.168)/ 2 )
=38.453/598.389
=0.06

Pacific Horizon Investment Trust's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=17.579/( (611.168+637.221)/ 2 )
=17.579/624.1945
=0.03

* 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.


Pacific Horizon Investment Trust  (LSE:PHI) Asset Turnover Explanation

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

Pacific Horizon Investment Trust's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=35.254/607.857
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.254 / 35.158)*(35.158 / 624.1945)*(624.1945/ 607.857)
=Net Margin %*Asset Turnover*Equity Multiplier
=100.27 %*0.0563*1.0269
=ROA %*Equity Multiplier
=5.65 %*1.0269
=5.80 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2025) net income data. The Revenue data used here is two times the semi-annual (Jan. 2025) 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:

Pacific Horizon Investment Trust's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=35.254/624.1945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.254 / 35.158)*(35.158 / 624.1945)
=Net Margin %*Asset Turnover
=100.27 %*0.0563
=5.65 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2025) net income data. The Revenue data used here is two times the semi-annual (Jan. 2025) 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.


Pacific Horizon Investment Trust Asset Turnover Related Terms

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Pacific Horizon Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
120 London Wall, Moor House, London, GBR, EC2Y 5ET
Pacific Horizon Investment Trust PLC is an UK-based investment trust company. The company's objective is to invest in the Asia-Pacific region (excluding Japan) and the Indian sub-continent to achieve capital growth. It aims to achieve capital growth through investment in companies listed on the stock markets of the Asia-Pacific region (excluding Japan) and in the Indian sub-continent as well as in companies based in the region and investment funds specializing in the region or countries or sectors. The company may use derivatives to reduce, transfer, or eliminating investment risk in its investments such as index futures, index options and currency forward transactions.

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