GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » REA Group Ltd (OTCPK:RPGRY) » Definitions » Asset Turnover

RPGRY (REA Group) Asset Turnover : 0.32 (As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is REA 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. REA Group's Revenue for the six months ended in Jun. 2024 was $566 Mil. REA Group's Total Assets for the quarter that ended in Jun. 2024 was $1,778 Mil. Therefore, REA Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. REA Group's annualized ROE % for the quarter that ended in Jun. 2024 was 23.19%. It is also linked to ROA % through Du Pont Formula. REA Group's annualized ROA % for the quarter that ended in Jun. 2024 was 13.10%.


REA Group Asset Turnover Historical Data

The historical data trend for REA 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.

REA Group Asset Turnover Chart

REA Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.53 0.55 0.52 0.64

REA Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.28 0.28 0.26 0.32 0.32

Competitive Comparison of REA Group's Asset Turnover

For the Internet Content & Information subindustry, REA 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.


REA Group's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, REA Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where REA Group's Asset Turnover falls into.



REA Group Asset Turnover Calculation

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

REA Group's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=1128.685/( (1762.819+1762.948)/ 2 )
=1128.685/1762.8835
=0.64

REA Group's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=565.936/( (1792.771+1762.948)/ 2 )
=565.936/1777.8595
=0.32

* 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.


REA Group  (OTCPK:RPGRY) Asset Turnover Explanation

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

REA Group's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=232.934/1004.298
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(232.934 / 1131.872)*(1131.872 / 1777.8595)*(1777.8595/ 1004.298)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.58 %*0.6366*1.7703
=ROA %*Equity Multiplier
=13.10 %*1.7703
=23.19 %

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

REA Group's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=232.934/1777.8595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(232.934 / 1131.872)*(1131.872 / 1777.8595)
=Net Margin %*Asset Turnover
=20.58 %*0.6366
=13.10 %

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


REA Group Asset Turnover Related Terms

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


REA Group Business Description

Traded in Other Exchanges
Address
511 Church Street, Richmond, VIC, AUS, 3121
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

REA Group Headlines