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Wynnstay Group (LSE:WYN) Asset Turnover : 1.24 (As of Oct. 2024)


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What is Wynnstay Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wynnstay Group's Revenue for the six months ended in Oct. 2024 was £284.6 Mil. Wynnstay Group's Total Assets for the quarter that ended in Oct. 2024 was £229.2 Mil. Therefore, Wynnstay Group's Asset Turnover for the quarter that ended in Oct. 2024 was 1.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Wynnstay Group's annualized ROE % for the quarter that ended in Oct. 2024 was -0.74%. It is also linked to ROA % through Du Pont Formula. Wynnstay Group's annualized ROA % for the quarter that ended in Oct. 2024 was -0.44%.


Wynnstay Group Asset Turnover Historical Data

The historical data trend for Wynnstay Group'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.

Wynnstay Group Asset Turnover Chart

Wynnstay Group Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 2.80 3.16 3.00 2.70

Wynnstay Group Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 1.55 1.68 1.41 1.39 1.24

Competitive Comparison of Wynnstay Group's Asset Turnover

For the Agricultural Inputs subindustry, Wynnstay Group'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.


Wynnstay Group's Asset Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Wynnstay Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Wynnstay Group's Asset Turnover falls into.



Wynnstay Group Asset Turnover Calculation

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

Wynnstay Group's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=613.053/( (234.163+220.612)/ 2 )
=613.053/227.3875
=2.70

Wynnstay Group's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=284.563/( (237.714+220.612)/ 2 )
=284.563/229.163
=1.24

* 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.


Wynnstay Group  (LSE:WYN) Asset Turnover Explanation

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

Wynnstay Group's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-1/135.5805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1 / 569.126)*(569.126 / 229.163)*(229.163/ 135.5805)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.18 %*2.4835*1.6902
=ROA %*Equity Multiplier
=-0.44 %*1.6902
=-0.74 %

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

Wynnstay Group's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=-1/229.163
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1 / 569.126)*(569.126 / 229.163)
=Net Margin %*Asset Turnover
=-0.18 %*2.4835
=-0.44 %

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


Wynnstay Group Asset Turnover Related Terms

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Wynnstay Group Business Description

Traded in Other Exchanges
N/A
Address
Eagle House, Llansantffraid Ym Mechain, Powys, GBR, SY22 6AQ
Wynnstay Group PLC is a provider of agricultural supplies and services to farmers and rural communities in England and Wales. The company operates in three business segments, Feed and Grain, Fertiliser and Seed and Depot Merchanting. Key revenue is generated from Feed and Grain which includes manufactures and supplies a range of feeds and animal nutrition products for a range of sectors. It also sell a range of feed raw materials through both the Wynnstay and Glasson Grain brands and offer grain and combinable crop marketing services through the GrainLink business.

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