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Worsley Investors (LSE:WINV) Asset Turnover : -0.02 (As of Sep. 2023)


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What is Worsley Investors Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Worsley Investors's Revenue for the six months ended in Sep. 2023 was £-0.25 Mil. Worsley Investors's Total Assets for the quarter that ended in Sep. 2023 was £14.93 Mil. Therefore, Worsley Investors's Asset Turnover for the quarter that ended in Sep. 2023 was -0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Worsley Investors's annualized ROE % for the quarter that ended in Sep. 2023 was -4.77%. It is also linked to ROA % through Du Pont Formula. Worsley Investors's annualized ROA % for the quarter that ended in Sep. 2023 was -4.66%.


Worsley Investors Asset Turnover Historical Data

The historical data trend for Worsley Investors'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.

Worsley Investors Asset Turnover Chart

Worsley Investors Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 0.11 0.03 -0.02 0.10

Worsley Investors Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.05 - 0.10 -0.02

Competitive Comparison of Worsley Investors's Asset Turnover

For the Asset Management subindustry, Worsley Investors'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.


Worsley Investors's Asset Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where Worsley Investors's Asset Turnover falls into.



Worsley Investors Asset Turnover Calculation

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

Worsley Investors's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=1.475/( (13.963+15.233)/ 2 )
=1.475/14.598
=0.10

Worsley Investors's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.245/( (15.233+14.617)/ 2 )
=-0.245/14.925
=-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.


Worsley Investors  (LSE:WINV) Asset Turnover Explanation

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

Worsley Investors's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.696/14.594
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.696 / -0.49)*(-0.49 / 14.925)*(14.925/ 14.594)
=Net Margin %*Asset Turnover*Equity Multiplier
=142.04 %*-0.0328*1.0227
=ROA %*Equity Multiplier
=-4.66 %*1.0227
=-4.77 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Worsley Investors's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-0.696/14.925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.696 / -0.49)*(-0.49 / 14.925)
=Net Margin %*Asset Turnover
=142.04 %*-0.0328
=-4.66 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Worsley Investors Asset Turnover Related Terms

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Worsley Investors (LSE:WINV) Business Description

Traded in Other Exchanges
N/A
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
Worsley Investors Ltd is a limited liability, closed-ended, self-managed investment company. The company's investment objective is to provide shareholders with an attractive level of absolute long-term return, principally through the capital appreciation and exit of undervalued securities. Its segment includes Property Group and Parent Company. The company generates maximum revenue from the Property Group segment.

Worsley Investors (LSE:WINV) Headlines

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