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AS Silvano Fashion Group (OTSE:SFG1T) Asset Turnover : 0.17 (As of Dec. 2023)


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What is AS Silvano Fashion 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. AS Silvano Fashion Group's Revenue for the three months ended in Dec. 2023 was €11.86 Mil. AS Silvano Fashion Group's Total Assets for the quarter that ended in Dec. 2023 was €70.30 Mil. Therefore, AS Silvano Fashion Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. AS Silvano Fashion Group's annualized ROE % for the quarter that ended in Dec. 2023 was 15.48%. It is also linked to ROA % through Du Pont Formula. AS Silvano Fashion Group's annualized ROA % for the quarter that ended in Dec. 2023 was 11.47%.


AS Silvano Fashion Group Asset Turnover Historical Data

The historical data trend for AS Silvano Fashion 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.

AS Silvano Fashion Group Asset Turnover Chart

AS Silvano Fashion Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.87 0.97 0.98 0.86

AS Silvano Fashion Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.22 0.26 0.23 0.17

Competitive Comparison of AS Silvano Fashion Group's Asset Turnover

For the Apparel Manufacturing subindustry, AS Silvano Fashion 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.


AS Silvano Fashion Group's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where AS Silvano Fashion Group's Asset Turnover falls into.



AS Silvano Fashion Group Asset Turnover Calculation

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

AS Silvano Fashion Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=58.597/( (63.991+72.252)/ 2 )
=58.597/68.1215
=0.86

AS Silvano Fashion Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=11.858/( (68.338+72.252)/ 2 )
=11.858/70.295
=0.17

* 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.


AS Silvano Fashion Group  (OTSE:SFG1T) Asset Turnover Explanation

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

AS Silvano Fashion Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8.06/52.065
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.06 / 47.432)*(47.432 / 70.295)*(70.295/ 52.065)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.99 %*0.6748*1.3501
=ROA %*Equity Multiplier
=11.47 %*1.3501
=15.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

AS Silvano Fashion Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8.06/70.295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.06 / 47.432)*(47.432 / 70.295)
=Net Margin %*Asset Turnover
=16.99 %*0.6748
=11.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


AS Silvano Fashion Group Asset Turnover Related Terms

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AS Silvano Fashion Group (OTSE:SFG1T) Business Description

Traded in Other Exchanges
Address
Tulika 17, Tallinn, EST, 10613
AS Silvano Fashion Group is a retail brand company. It is an international lingerie distribution group involved in the design, manufacturing, and marketing of women's lingerie. Its brands include Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo. It sells its brand products through the wholesale channel, and franchised sales, and owns retail operated under the Milavitsa and Lauma Lingerie retail chains. The operating segments of the group are Lingerie retail and Lingerie wholesale. Most of the company's revenues are a result of the operation of the Lingerie wholesale channel. It has business operations in Russia, Belarus, Ukraine, Baltics, and other countries.

AS Silvano Fashion Group (OTSE:SFG1T) Headlines

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