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Napier Port Holdings (NZSE:NPH) Asset Turnover : 0.15 (As of Sep. 2024)


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What is Napier Port 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. Napier Port Holdings's Revenue for the six months ended in Sep. 2024 was NZ$87.7 Mil. Napier Port Holdings's Total Assets for the quarter that ended in Sep. 2024 was NZ$581.9 Mil. Therefore, Napier Port Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Napier Port Holdings's annualized ROE % for the quarter that ended in Sep. 2024 was 5.03%. It is also linked to ROA % through Du Pont Formula. Napier Port Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 3.61%.


Napier Port Holdings Asset Turnover Historical Data

The historical data trend for Napier Port 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.

Napier Port Holdings Asset Turnover Chart

Napier Port Holdings Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial 0.26 0.25 0.22 0.22 0.26

Napier Port Holdings Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.12 0.11 0.11 0.10 0.15

Competitive Comparison of Napier Port Holdings's Asset Turnover

For the Marine Shipping subindustry, Napier Port 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.


Napier Port Holdings's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Napier Port Holdings's Asset Turnover distribution charts can be found below:

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


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Napier Port Holdings Asset Turnover Calculation

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

Napier Port Holdings'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 )
=147.524/( (564.771+578.854)/ 2 )
=147.524/571.8125
=0.26

Napier Port Holdings'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 )
=87.737/( (584.969+578.854)/ 2 )
=87.737/581.9115
=0.15

* 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.


Napier Port Holdings  (NZSE:NPH) Asset Turnover Explanation

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

Napier Port Holdings's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=21.02/418.0365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21.02 / 175.474)*(175.474 / 581.9115)*(581.9115/ 418.0365)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.98 %*0.3015*1.392
=ROA %*Equity Multiplier
=3.61 %*1.392
=5.03 %

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:

Napier Port Holdings's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=21.02/581.9115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21.02 / 175.474)*(175.474 / 581.9115)
=Net Margin %*Asset Turnover
=11.98 %*0.3015
=3.61 %

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.


Napier Port Holdings Asset Turnover Related Terms

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


Napier Port Holdings Business Description

Traded in Other Exchanges
N/A
Address
Breakwater Road, P.O. Box 947, Napier, NTL, NZL, 4140
Napier Port Holdings Ltd is engaged in providing port and logistics services. The Group operates in one reportable segment bein Port Services. This consists of providing and managing port services and cargo handling infrastructure through Napier Port. Within the Port Services reportable segment the following operating segments have been identified: marine services, general cargo services, container services, port pack services and depot services. Geographically, it derives a majority of its revenue from New Zealand, with maximum revenue from Container Services.

Napier Port Holdings Headlines

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