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Naked Brand Group (Naked Brand Group) Asset Turnover : 0.03 (As of Jul. 2021)


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What is Naked Brand 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. Naked Brand Group's Revenue for the six months ended in Jul. 2021 was $6.57 Mil. Naked Brand Group's Total Assets for the quarter that ended in Jul. 2021 was $203.89 Mil. Therefore, Naked Brand Group's Asset Turnover for the quarter that ended in Jul. 2021 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Naked Brand Group's annualized ROE % for the quarter that ended in Jul. 2021 was -38.62%. It is also linked to ROA % through Du Pont Formula. Naked Brand Group's annualized ROA % for the quarter that ended in Jul. 2021 was -32.57%.


Naked Brand Group Asset Turnover Historical Data

The historical data trend for Naked Brand 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.

Naked Brand Group Asset Turnover Chart

Naked Brand Group Annual Data
Trend Jun16 Jan17 Jan18 Jan19 Jan20 Jan21
Asset Turnover
Get a 7-Day Free Trial - 1.39 1.32 1.07 0.66

Naked Brand Group Semi-Annual Data
Jun16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.53 0.14 0.56 0.03

Competitive Comparison of Naked Brand Group's Asset Turnover

For the Apparel Manufacturing subindustry, Naked Brand 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.


Naked Brand Group's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Naked Brand Group's Asset Turnover distribution charts can be found below:

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



Naked Brand Group Asset Turnover Calculation

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

Naked Brand Group's Asset Turnover for the fiscal year that ended in Jan. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2021 )/( (Total Assets (A: Jan. 2020 )+Total Assets (A: Jan. 2021 ))/ count )
=56.4/( (57.389+112.663)/ 2 )
=56.4/85.026
=0.66

Naked Brand Group's Asset Turnover for the quarter that ended in Jul. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2021 )/( (Total Assets (Q: Jan. 2021 )+Total Assets (Q: Jul. 2021 ))/ count )
=6.571/( (112.663+295.119)/ 2 )
=6.571/203.891
=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.


Naked Brand Group  (NAS:NAKD) Asset Turnover Explanation

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

Naked Brand Group's annulized ROE % for the quarter that ended in Jul. 2021 is

ROE %**(Q: Jul. 2021 )
=Net Income/Total Stockholders Equity
=-66.4/171.9095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-66.4 / 13.142)*(13.142 / 203.891)*(203.891/ 171.9095)
=Net Margin %*Asset Turnover*Equity Multiplier
=-505.25 %*0.0645*1.186
=ROA %*Equity Multiplier
=-32.57 %*1.186
=-38.62 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2021) net income data. The Revenue data used here is two times the semi-annual (Jul. 2021) 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:

Naked Brand Group's annulized ROA % for the quarter that ended in Jul. 2021 is

ROA %(Q: Jul. 2021 )
=Net Income/Total Assets
=-66.4/203.891
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-66.4 / 13.142)*(13.142 / 203.891)
=Net Margin %*Asset Turnover
=-505.25 %*0.0645
=-32.57 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2021) net income data. The Revenue data used here is two times the semi-annual (Jul. 2021) 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.


Naked Brand Group Asset Turnover Related Terms

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Naked Brand Group (Naked Brand Group) Business Description

Traded in Other Exchanges
N/A
Address
Unit 7, 35-39 William Street, Double Bay, NSW, AUS, 2028
Naked Brand Group Ltd operates as an intimate, apparel and swimwear company. The company design, manufacture and market a portfolio of company-owned and licensed brands. Its operating segment includes Australia Retail, New Zealand Retail, Australia Wholesale, New Zealand Wholesale, U.S. Wholesale, Europe Wholesale, and E-commerce. The company generates maximum revenue from the E-commerce segment. Geographically, it derives a majority of revenue from New Zealand and also has a presence in Australia, the United States, and Europe. Its brands include Heidi Klum Intimates, Heidi Klum Accessories, Bendon, Fayreform, Pleasure State, Lovable, Heidi Klum Swim, Naked, Hickory, Bendon Man, and Davenport.