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ArborGen Holdings (NZSE:ARB) Asset Turnover : 0.27 (As of Mar. 2024)


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What is ArborGen Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ArborGen Holdings's Revenue for the six months ended in Mar. 2024 was NZ$91.0 Mil. ArborGen Holdings's Total Assets for the quarter that ended in Mar. 2024 was NZ$332.8 Mil. Therefore, ArborGen Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. ArborGen Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -0.13%. It is also linked to ROA % through Du Pont Formula. ArborGen Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -0.10%.


ArborGen Holdings Asset Turnover Historical Data

The historical data trend for ArborGen Holdings'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.

ArborGen Holdings Asset Turnover Chart

ArborGen Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.24 0.24 0.30 0.35

ArborGen Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.22 0.04 0.23 0.07 0.27

Competitive Comparison of ArborGen Holdings's Asset Turnover

For the Lumber & Wood Production subindustry, ArborGen Holdings'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.


ArborGen Holdings's Asset Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, ArborGen Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ArborGen Holdings's Asset Turnover falls into.



ArborGen Holdings Asset Turnover Calculation

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

ArborGen Holdings's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=112.984/( (318.001+329.272)/ 2 )
=112.984/323.6365
=0.35

ArborGen Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=90.984/( (336.333+329.272)/ 2 )
=90.984/332.8025
=0.27

* 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.


ArborGen Holdings  (NZSE:ARB) Asset Turnover Explanation

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

ArborGen Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-0.334/247.9155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.334 / 181.968)*(181.968 / 332.8025)*(332.8025/ 247.9155)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.18 %*0.5468*1.3424
=ROA %*Equity Multiplier
=-0.10 %*1.3424
=-0.13 %

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

ArborGen Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-0.334/332.8025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.334 / 181.968)*(181.968 / 332.8025)
=Net Margin %*Asset Turnover
=-0.18 %*0.5468
=-0.10 %

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


ArborGen Holdings Asset Turnover Related Terms

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ArborGen Holdings (NZSE:ARB) Business Description

Traded in Other Exchanges
Address
100 Parnell Road, Suite 107 PO Box 68 249, Victoria Street West, Auckland, NZL, 1052
ArborGen Holdings Ltd is a producer of tree seedling products and providers of conventional and technology-enhanced seedlings to the forestry industry. Seedlings are sold to landowners and managers. The Company has one reportable segment, being forestry genetics. The Company's revenues are earned from the sale of seedlings or treestocks and logistics services to some customers. The firm focuses on loblolly pine, radiata pine, and eucalyptus. Tenon clear wood is a manufacturer of radiata pine clear wood products. The firm converts logs into log length, clear boards, and related products.

ArborGen Holdings (NZSE:ARB) Headlines