GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Pampa Energia SA (NYSE:PAM) » Definitions » Asset Turnover

Pampa Energia (Pampa Energia) Asset Turnover : 0.08 (As of Sep. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Pampa Energia Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pampa Energia's Revenue for the three months ended in Sep. 2023 was $436 Mil. Pampa Energia's Total Assets for the quarter that ended in Sep. 2023 was $5,367 Mil. Therefore, Pampa Energia's Asset Turnover for the quarter that ended in Sep. 2023 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Pampa Energia's annualized ROE % for the quarter that ended in Sep. 2023 was 20.89%. It is also linked to ROA % through Du Pont Formula. Pampa Energia's annualized ROA % for the quarter that ended in Sep. 2023 was 10.78%.


Pampa Energia Asset Turnover Historical Data

The historical data trend for Pampa Energia'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.

Pampa Energia Asset Turnover Chart

Pampa Energia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.24 0.21 0.34 0.43

Pampa Energia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.11 0.19 0.08 0.09 0.08

Competitive Comparison of Pampa Energia's Asset Turnover

For the Utilities - Independent Power Producers subindustry, Pampa Energia'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.


Pampa Energia's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pampa Energia's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pampa Energia's Asset Turnover falls into.



Pampa Energia Asset Turnover Calculation

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

Pampa Energia's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=1924.224/( (3926.043+4988.884)/ 2 )
=1924.224/4457.4635
=0.43

Pampa Energia's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=436.351/( (5553+5181.274)/ 2 )
=436.351/5367.137
=0.08

* 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.


Pampa Energia  (NYSE:PAM) Asset Turnover Explanation

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

Pampa Energia's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=578.496/2768.9785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(578.496 / 1745.404)*(1745.404 / 5367.137)*(5367.137/ 2768.9785)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.14 %*0.3252*1.9383
=ROA %*Equity Multiplier
=10.78 %*1.9383
=20.89 %

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

Pampa Energia's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=578.496/5367.137
=(Net Income / Revenue)*(Revenue / Total Assets)
=(578.496 / 1745.404)*(1745.404 / 5367.137)
=Net Margin %*Asset Turnover
=33.14 %*0.3252
=10.78 %

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


Pampa Energia Asset Turnover Related Terms

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


Pampa Energia (Pampa Energia) Business Description

Traded in Other Exchanges
Address
Maipu 1, Buenos Aires, ARG, C1084ABA
Pampa Energia SA and its subsidiaries are engaged in the Energy business. The operating business segments of the firm are Electricity generation, Electricity distribution, Oil and Gas, Petrochemicals, and Holding and other business. The company derives the maximum revenue from the Distribution of energy.