GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homizy SpA (MIL:HZY) » Definitions » Asset Turnover

Homizy SpA (MIL:HZY) Asset Turnover : 0.00 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Homizy SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Homizy SpA's Revenue for the six months ended in Sep. 2024 was €0.05 Mil. Homizy SpA's Total Assets for the quarter that ended in Sep. 2024 was €29.71 Mil. Therefore, Homizy SpA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Homizy SpA's annualized ROE % for the quarter that ended in Sep. 2024 was -2.19%. It is also linked to ROA % through Du Pont Formula. Homizy SpA's annualized ROA % for the quarter that ended in Sep. 2024 was -0.91%.


Homizy SpA Asset Turnover Historical Data

The historical data trend for Homizy SpA'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.

Homizy SpA Asset Turnover Chart

Homizy SpA Annual Data
Trend Sep22 Sep23 Sep24
Asset Turnover
0.01 0.01 -

Homizy SpA Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Homizy SpA's Asset Turnover

For the Real Estate Services subindustry, Homizy SpA'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.


Homizy SpA's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Homizy SpA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Homizy SpA's Asset Turnover falls into.


;
;

Homizy SpA Asset Turnover Calculation

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

Homizy SpA's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=0.106/( (22.772+33.7)/ 2 )
=0.106/28.236
=0.00

Homizy SpA's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.05/( (25.714+33.7)/ 2 )
=0.05/29.707
=0.00

* 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.


Homizy SpA  (MIL:HZY) Asset Turnover Explanation

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

Homizy SpA's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-0.27/12.3135
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.27 / 0.1)*(0.1 / 29.707)*(29.707/ 12.3135)
=Net Margin %*Asset Turnover*Equity Multiplier
=-270 %*0.0034*2.4126
=ROA %*Equity Multiplier
=-0.91 %*2.4126
=-2.19 %

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

Homizy SpA's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-0.27/29.707
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.27 / 0.1)*(0.1 / 29.707)
=Net Margin %*Asset Turnover
=-270 %*0.0034
=-0.91 %

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


Homizy SpA Asset Turnover Related Terms

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


Homizy SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Degli Olivetani 10/12, Milan, ITA, 20123
Homizy SpA is in the development of a new strategic business line of residential real estate renting through co-living solutions. The company offers a new housing formula for rent: smart; quality; dynamic and economically sustainable for young workers who live or arrive in Milan.

Homizy SpA Headlines

No Headlines