Candyking Holding AB (OSTO:CANDY) Asset Turnover: 0.25 (As of Mar. 2015)

What is Candyking Holding AB Asset Turnover?

Candyking Holding AB OSTO:CANDY Asset Turnover is 0.25 as of Mar. 2015.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Candyking Holding AB's Revenue for the three months ended in Mar. 2015 was kr428.10 Mil. Candyking Holding AB's Total Assets for the quarter that ended in Mar. 2015 was kr1,699.74 Mil. Therefore, Candyking Holding AB's Asset Turnover for the quarter that ended in Mar. 2015 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Candyking Holding AB's annualized ROE % for the quarter that ended in Mar. 2015 was -3.29%. It is also linked to ROA % through Du Pont Formula. Candyking Holding AB's annualized ROA % for the quarter that ended in Mar. 2015 was -0.85%.

Candyking Holding AB (OSTO:CANDY) Asset Turnover Explanation

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

Candyking Holding AB's annulized ROE % for the quarter that ended in Mar. 2015 is

	ROE %^**		(Q: Mar. 2015 )
=	Net Income	/	Total Stockholders Equity
=	-14.4	/	437.473
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-14.4 / 1712.4)	*	(1712.4 / 1699.7445)	*	(1699.7445/ 437.473)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-0.84 %	*	1.0074	*	3.8854
=	ROA %	*	Equity Multiplier
=	-0.85 %	*	3.8854
=	-3.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) 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:

Candyking Holding AB's annulized ROA % for the quarter that ended in Mar. 2015 is

	ROA %		(Q: Mar. 2015 )
=	Net Income	/	Total Assets
=	-14.4	/	1699.7445
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-14.4 / 1712.4)	*	(1712.4 / 1699.7445)
=	Net Margin %	*	Asset Turnover
=	-0.84 %	*	1.0074
=	-0.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income data. The Revenue data used here is four times the quarterly (Mar. 2015) revenue data.

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.

Candyking Holding AB Asset Turnover Related Terms

Candyking Holding AB Asset Turnover Historical Data

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The historical data trend for Candyking Holding AB's Asset Turnover can be seen below:

Candyking Holding AB Asset Turnover Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

Asset Turnover

1.07

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Asset Turnover	Get a 7-Day Free Trial						0.26	0.26	0.24	0.26	0.25

Candyking Holding AB Asset Turnover Competitor Comparison

For the Confectioners subindustry, Candyking Holding AB'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.

Candyking Holding AB Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candyking Holding AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Candyking Holding AB's Asset Turnover falls into.

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Candyking Holding AB Asset Turnover Calculation

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

Candyking Holding AB's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2014 )	/	( (Total Assets (A: Dec. 2013 )	+	Total Assets (A: Dec. 2014 ))	/ count )
=	1768.551	/	( (1641.919	+	1659.389)	/ 2 )
=	1768.551	/	1650.654
=	1.07

Candyking Holding AB's Asset Turnover for the quarter that ended in Mar. 2015 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Mar. 2015 )	/	( (Total Assets (Q: Dec. 2014 )	+	Total Assets (Q: Mar. 2015 ))	/ count )
=	428.1	/	( (1659.389	+	1740.1)	/ 2 )
=	428.1	/	1699.7445
=	0.25

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.

Frequently Asked Questions Learn more about Asset Turnover →

What does a Asset Turnover of 0.25 mean?

Candyking Holding AB (OSTO:CANDY) has a Asset Turnover of 0.25 as of Mar. 2015. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Candyking Holding AB and its competitors.

Is Candyking Holding AB's Asset Turnover too high?

Candyking Holding AB's current Asset Turnover is 0.25.

How does Candyking Holding AB's Asset Turnover compare to competitors?

Candyking Holding AB's Asset Turnover of 0.25 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Asset Turnover for a Consumer Packaged Goods company?

A good Asset Turnover depends on the Consumer Packaged Goods industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Asset Turnover mean?

A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Candyking Holding AB and its competitors. Candyking Holding AB's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current Asset Turnover of 0.25. The current Asset Turnover is 0.25. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Asset Turnover calculated?

Asset Turnover is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current Asset Turnover is 0.25 as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Candyking Holding AB Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies OSTO:CLA B

Website http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.